Goldman Sachs

  • Goldman Sachs: Bitcoin Is Not A Currency

    Goldman Sachs: Bitcoin Is Not A Currency

    Goldman Sachs thinks that bitcoin believers need to take a cold shower, drink some coffee, and sober up. In the wake of Mt. Gox’s collapse, the supposed outing of Bitcoin’s creator, and some high profile arrests the financial services firm has put together an exhaustive survey of “Bitcoin” and “bitcoin” and ultimately finds the technology promising but… Read More

  • Goldman Sachs Takes On Bitcoin

    Goldman Sachs Takes On Bitcoin

    The eye of big finance is finally turning towards cryptocurrency. Responding to requests from clients, Goldman Sachs has put out an early assessment of Bitcoin that says little about the bank’s official position on BTC investment. So far, the financial services firm is neutral regarding the currency and is not actively recommending it to clients in its broad assessment of the currency… Read More

  • Sugar CRM Raises $40M From Goldman Sachs To Drive Growth In Asia and International Markets

    Sugar CRM Raises $40M From Goldman Sachs To Drive Growth In Asia and International Markets

    SugarCRM has raised $40 million from Goldman Sachs to help finance its growth, especially in Asia where the company gets a substantial percentage of its business. The company has now raised $119 million since 2004 when it received $2 million from Draper, Fisher Jurvetson. Read More

  • Goldman Sachs: Internet IPO Window May Be Closed Until After Labor Day

    Goldman Sachs: Internet IPO Window May Be Closed Until After Labor Day

    Goldman Sachs’ co-head of investment banking for global telecommunications, media and technology Anthony Noto said tonight that he’d be surprised if there’s another IPO for an Internet company before Labor Day. Facebook’s controversial offering has already shelved other deals from companies like Kayak, as public investors have driven down the value of newer consumer… Read More

  • Goldman Sachs pumps a whopping $70M into UK virtualization company AppSense

    AppSense, which specializes in what it calls ‘user virtualization’ solutions, has raised $70 million in its very first round of funding. Interestingly, the entire investment comes from one backer, Goldman Sachs, whose managing director Pete Perrone will be joining the company’s board of directors. AppSense says it will use the funds to “capitalize on its position as… Read More

  • Goldman Sachs Pumps A Whopping $70M Into Virtualization Company AppSense

    AppSense, which specializes in what it calls ‘user virtualization’ solutions, has raised $70 million in its very first round of funding. Interestingly, the entire investment comes from one backer, Goldman Sachs, whose managing director Pete Perrone will be joining the company’s board of directors. AppSense says it will use the funds to “capitalize on its position as… Read More

  • Goldman Blames Media Attention For Killing Off Its U.S. Facebook Offering

    Both The Wall Street Journal and The New York Times are reporting this morning that Goldman Sachs has decided to limit its much ballyhooed private offering of up to $1.5 billion in Facebook shares to international investors only. The reason? SEC scrutiny, sparked by this January 2nd article in The New York Times announcing Goldman’s $450 million investment and creation of a… Read More

  • Go, You Vampire Squid

    I simply love Goldman Sachs. The Facebook deal is a brilliant poke in the eye for just about everybody, and proof, yet again, that money, like water, finds its own level. If there are buyers and sellers to be matched, and a fee to be made in the process, the fine folks at Goldman Sachs will figure out how to bridge that gap. So much the better if there is regulatory friction to arbitrage… Read More

  • 'The Daily Show' Weighs In On The Facebook Investment Frenzy [Video]

    John Stewart took a bite out of Facebook tonight on “The Daily Show,” specifically Goldman Sachs’ recent $450 million investment and what it means with regards to a possible  Facebook IPO in 2012. Stewart wryly comments on the irony of Zuckerberg’s reluctance to go public, “Mark Zuckerberg doesn’t want to be transparent? The guy whose immense success… Read More

  • Things about the Endless Facebook Speculation that Have to Be Said

    I’ve avoided writing something about the Goldman Sachs- Facebook deal, because God knows the rest of the blogosphere has been doing enough speculation for the entire world. But four things I’ve read in the last 24-hours need a serious rebuttal. Read More

  • $1 Billion Isn't Cool. You Know What's Cool? $50 Billion. Goldman And Facebook Agree.

    $1 Billion Isn't Cool. You Know What's Cool? $50 Billion. Goldman And Facebook Agree.

    While everyone has been busy wondering when Facebook was going to IPO, most were looking past the first question: how is Facebook going to IPO? But not TechCrunch alum Evelyn Rusli and Andrew Ross Sorkin. Tonight the pair are reporting that Goldman Sachs has just led a major new investment in the social network. An investment that values it at a nice round $50 billion. And the likely reason is… Read More

  • Goldman Sachs vet John Lindfors joins Digital Sky Technologies as partner

    Global investment group Digital Sky Technologies (aka DST), who has famously invested in major Internet companies such as Facebook, Zynga and Groupon, has made another key hire. The latest finance whiz to join the Russian investment firm as partner is John Lindfors, who will start there next September. Read More

  • Facebook Investor DST Taps Another Senior Goldman Sachs Banker As Partner

    Global investment group Digital Sky Technologies (aka DST), who has famously invested in major Internet companies such as Facebook, Zynga and Groupon, has made another key hire. The latest finance whiz to join the Russian investment firm as partner is John Lindfors, who will start there next September. Read More

  • Panasonic will buy Sanyo after all

    There were some hiccups along the way but now the deal between Panaosonic and Sanyo (announced on November 3) seems to be perfect. Goldman Sachs and Sanyo’s other major shareholders have agreed to sell their shares to Panasonic, Japanese media are reporting today. Panasonic will acquire a 70% stake in Sanyo for $1.50 a share in February, resulting in a $6.4 billion deal, the largest of… Read More

  • Goldman Sachs: strong executive support for 3G iPhone

    According to the Silicon Alley Insider Goldman Sachs says a “strong number” of executives surveyed say they expect to support the iPhone 3G within the next year. But before we sound the dirge for RIM, only 17% of the 100 execs surveyed gave the theoretical thumbs up to the handset entering their corporate walls. And as the Insider brought up, “supporting” a device is… Read More

  • Goldman Sachs Says 14 Million iPhones Sold By 2009

    Truthfully, I didn’t expect Apple to sell 14 million iPhones by the end of 2008, but who am I to back up a claim like that? The investment firm Goldman Sachs is saying that by the end of 2008, Apple will sell more than 14 million iPhones total. Although 14 million is impressive, the firm predicts that only 4 million will be sold in 2007 alone. 2008 is where it picks up, with a total of… Read More