Goldman's 12,000% Consolation Prize

Goldman's 12,000% Consolation Prize

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the potential high returns on investments made by Goldman Sachs in startups, particularly focusing on a $5 million investment in Uber that grew to $600 million. It highlights the internal controversy and leadership disputes within Goldman Sachs, especially between Gary Cohn and David Solomon, and how these affected the bank's relationship with Uber, eventually losing the lead role in Uber's IPO to Morgan Stanley.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the estimated return on the investment made in Uber?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount invested by Goldman Sachs in Uber shares?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the controversy surrounding the investment in Uber within Goldman Sachs?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Who was the individual that pushed back against Gary Cohn's investment decisions?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What happened to Goldman Sachs' relationship with Uber after Gary Cohn left?

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