Wednesday, January 5, 2011

Generation skipping

Goldman was once the gold standard for technology banking. They had lead relationships with IBM, lead the Microsoft IPO, then missed the Internet when Rick Sherlund left for an ill fated Hedge stint and saw Morgan Stanley's Mary Meeker grabits mantle.

The Facebook deal puts them back in the pole position. Using capital as a weapon, smarts as currency and courage in its convictions, Goldman has bought and clawed its way back to the top. The deal highlights entree, exclusive distribution and a great ability to connect the dots.

They missed a generation, but are back.

You'll love the video link:

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