Category Archives: goldman sachs

Goldman Fees Prompted Netscape Founder to Reject Facebook Investment Offer [REPORT]

Posted on January 24, 2011 by admin

Netscape and Silicon Graphics founder Jim Clark was approached by Goldman Sachs to invest in Facebook, but turned the offer down because the investment firm demanded a 4.5% upfront fee and 5% of the profits, according to an upcoming article from Bloomberg Markets magazine that’s critical of Goldman. The March cover story, titled “Lloyd Blankfein’s […] Continue reading →

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Goldman Sachs CEO Makes Case to Groupon for IPO [REPORT]

Posted on January 14, 2011 by admin

Goldman Sachs CEO Lloyd Blankfein visited Groupon’s Chicago headquarters to make a case for hiring his firm for a possible share sale this year, according to Bloomberg. The visit came just as Morgan Stanley is also in talks with Groupon to arrange an IPO, according to the report, which cites “a person familiar with the […] Continue reading →

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