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Goldman Sachs’ David Solomon tells startups to reconsider going public
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times. Solomon said startups can scale just as big and get plenty of money in the private markets, without having to deal with the hassle of being a publicly traded company.
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