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.
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