Category Archives: Jim Clark

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

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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