Klarna to raise fresh cash at slashed $6.5B valuation

Re:Klarna to raise fresh cash at slashed $6.5B valuation by parkingrift on Friday July 01, 2022 @02:32PM (#31950747)

Buy now, pay later would never have left the drawing board if interest rates weren’t artificially low for so long. Who wouldn’t want to to take a 0% interest loan in a bull market?

All the investors burned by BNPL nonsense have the Federal Reserve to thank. Making winners and losers every day. But it’s a free market still, because it sounds cool to say it muh man!

[ Parent | on HN ]

Re:Klarna to raise fresh cash at slashed $6.5B valuation by thsijustin on Friday July 01, 2022 @02:40PM (#31950865)

All while admitting they don’t know anything:

Powell was recently quoted as saying "We understand better how little we understand about inflation.”

The authority and respect the last generation commands needs a real challenge. Substantive change and not just chanting “disrupt” while playing the same game.

Their figurative identities should not be sacrosanct.

[ Parent | on HN ]