This story requires our BI Prime membership. To read the full article,Klarna, Europe's most valuable private finance startup at $5.5 billion, has taken radical steps to improve its internal working processes in recent years as it gears up to take on companies like PayPal.
The startup likened its new, focused approach to Amazon's two-pizza theory, where Amazon CEO Jeff Bezos keeps team meetings focused by only permitting a small number of attendees.Sebastian Siemiatkowski is the CEO and cofounder of Europe's most valuable private fintech firm, Klarna. It's a Paypal competitor that processes payments online, and hit a $5.5 billion valuation in August after a $460 million funding round.
"I am mature enough today to realise that I will not necessarily be happier if the company is more successful but every day I wake up and that's my thought. So I need to continuously learn, I think 'What could I have done differently to produce a different outcome?'"Research conducted by Harvard Business School,, indicates that CEOs should spend a large proportion of their time on strategy and aligning that strategy with, and shaping, company culture.
great
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US e-commerce sales surpassed $4 billion on Thanksgiving - Business InsiderThere was some disagreement about how successful e-tailers were during the lead-up to Thanksgiving — making Black Friday and Cyber Monday even more important:
Source: BusinessInsider - 🏆 729. / 51 Read more »
Union Square Ventures' Fred Wilson on media, direct listings, startups - Business InsiderFred Wilson, one of the world's most successful venture capitalists, reveals the top trends in startups right now, and why he's investing in an industry that's imploding
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump faces two impeachment deadlines as inquiry shifts focus - Business InsiderTrump faces two deadlines Sunday as Democrats prepared to shift focus of the impeachment inquiry from fact-finding to the possible charges.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Hugh Grant says a Boris Johnson government is a 'terrifying prospect' - Business InsiderHugh Grant is going door-to-door to persuade Brits against the 'terrifying prospect' of a Boris Johnson government I’d love to see him at my door I hope he’s doing it with a sign, like in that scene from Love Actually. He's right. To all the people who think they'd be safe under a BoJo majority, you will not be safe. The people who are fighting to stop your rights being taken away have already been stripped of theirs. Whatever issues you have with Corbyn, society can't cope with a BoJo majority
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mars CEO explains how Gen Z is transforming the $35 billion company's workplace - Business InsiderMars CEO Grant Reid said that the work environment at Mars includes more flexibility, the ability to work from home, and open offices.
Source: BusinessInsider - 🏆 729. / 51 Read more »