Sources: Sequoia has picked partner Andrew Reed to replace Matthew Miller on Klarna's board; Miller led a failed effort to remove Michael Moritz as board chair (The Information)

The Information:

Sources: Sequoia has picked partner Andrew Reed to replace Matthew Miller on Klarna’s board; Miller led a failed effort to remove Michael Moritz as board chair  —  Sequoia Capital has picked partner Andrew Reed to replace Matthew Miller on the board of ‘buy now, pay later’ company Klarna, according to people familiar with the matter.