Demo day showcases startups in Goldman Sachs' incubator GS Accelerate - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Inside the Goldman Sachs incubator that allows everyone from analysts to MDs become paid entrepreneurs on the bank's dime — and a look at the startups the firm is betting on

Some entrepreneurs hustle till they make their inaugural sale or land their first client, memorializing the achievement by hanging their first $20 bill on the wall.

If they choose the latter option, here's the perk: They still get to collect the same paycheck they earned in the role they held previously, all while building up their new dream venture. "Anyone at Goldman Sachs, regardless of title, tenure seniority, geography, can pitch an idea," Baker told Business Insider. "You literally could have graduated college a few weeks ago, started at the firm, been on day two," and submit a proposal for funding.

A look at the kinds of businesses that Goldman has greenlit so far reveals some of the thinking the bank has about what kinds of tools the finance industry will need in the years ahead.One business, Louisa, positions itself as Goldman's internal LinkedIn network.

"It was incredibly frustrating, because my team and I would spend hours developing new and improved ways to support our business, often to ultimately discover that another team in another division or region had already created something similar." "The businesses that you are all building are focused on solving firm-wide problems and developing new solutions, and a nimble structure with potentially transformative outcomes," David Solomon, the firm's CEO, told the Accelerate entrepreneurs during the event.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Inside Meghan Markle and Prince Harry's new life in Los Angeles - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Harry has rejected the traditional role of Court Buffoon which the courtiers and press have forced onto “spares” in the past. William will have to earn his respect without a manufactured “foil”. And who cares? We're so beyond, 'lifestyles of the rich and kinda famous.'
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Voi: E-scooter startup wins tender process in two UK markets - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

How one startup founder is motivated by his undocumented teenagerhood - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »