Klarna: Full-Stack Digital Bank Hidden By The Leading BNPL Business
This is one of the most asymmetric bets in the market now.
🏭 Understanding The Business
The most successful business ideas emerge from founders’ own problems or from the inefficiencies they observe in the industries they work in.
Shopify is a great example.
Tobias Lutke wasn’t trying to build an e-commerce software company. He wanted to create an online store to sell snowboards. The site would be called Snowdevil…