Sources: Sequoia stands to gain about $2.65B in Klarna's IPO, a six-fold return on its total investment of ~$500M; it is selling ~2% of its stake in the IPO (Katie Roof/The Information)

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Katie Roof / The Information:Sources: Sequoia stands to gain about $2.65B in Klarna's IPO, a six-fold return on its total investment of ~$500M; it is selling ~2% of its stake in the IPO  —  Klarna's two-decade journey to a public listing means a lucrative return for its biggest backer—Sequoia Capital.