Why this is interesting is because the general belief is that US VCs are very rarely interested in investing in European companies, and it’s even rarer to see a big name US VC to join a Euro startup board. Just in our previous story our guest blogger, Marita Seulamo-Vargas, reported how the US VCs had advised Nordic and Baltic companies to seek investments primarily from home.
That said, as much as I would like it to be, I don’t think this development is a trend or a change of hearts from the US VC scene any more than Klarna is a just-another-startup, but it sure is interesting to see Moritz’s move. I guess this was just another day in the startup life: “People who say it cannot be done should not interrupt those who are doing it.”
You can read more about Klarna’s offering here.