The Guardian
Email YouTube Facebook Instagram Twitter
 
Science & Tech

Goldman’s 12,000% Consolation Prize

By Bloomberg
08 May 2019   |   8:28 am   |   1m 7s
Goldman Sachs Group Inc. is missing out on leading the hottest IPO in years, Uber Technologies Inc. The consolation: a potential $600 million windfall from a mere $5 million wager that Goldman’s bankers made using the firm’s own money back in 2011, only a year after Uber had started offering rides.


Share:

You may also like