A brutal wake-up call for Kinnevik’s portfolio
When Helena Saxon steps in as CEO of Kinnevik, the company’s tech strategy is buried once and for all. A new reality awaits — and some are in for a brutal wake-up call. When Georgi Ganev, then-CEO of Kinnevik, summarized the year 2021, he wrote the following as the opening line of the quarterly report: “During 2021, we significantly reweighted our portfolio composition toward younger, private growth companies.” The mandate for incoming CEO Helena Saxon […]