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Klarna's Reality Check as BNPL Hype Fades
Venture Capital Central

Klarna's Reality Check as BNPL Hype Fades

Klarna valuation plunges 85%

Michael Spencer's avatar
Michael Spencer
Jul 11, 2022
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Klarna's Reality Check as BNPL Hype Fades
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Photo by micheile dot com on Unsplash

Hey Guys,

As I see it

The 2020 and 2021 years weren’t just a market bubble with helicopter money, stimulus and exaggerated QE, it was a time of hype: Web3, Metaverse, NFTS, BNPL, etc.…

From SPACs to startups with absurd valuations, we had it all pre-recession. A 13-year bull market and a new level of fiscal and monetar…

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