Goldman Sachs

10 statements across 10 episodes · 3 bullish · 1 bearish · 9 people on the record · first statement Oct 11, 2016 by Mark Ross · said 100 times in 53 episodes since 2016 · across every show →

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brought up most by Nathan Latka (52), Brad Miller (5), Kalyan Varma (4), Jason Yanowitz (4), Sid Sijbrandij (3), Jon Darbyshire (3), Jeremy Ozen (3), Craig Fuller (3)

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Everything said about Goldman Sachs, oldest first

Oct 11, 2016
Disclosure
Mark Ross: GridMarkets Backed by 10 Angels from Major Financial Firms
“My partner and I have put money into the company, and we've had 10 angels invest in the company, and these are pretty noteworthy people from senior, senior level positions in financial services companies including Goldman Sachs, Bank of America. Here in San Fr…”
Mark Ross Oct 11, 2016 ▶ 7:57 EP 444: $1.5M in MRR, SaaS, Helping Studios Render Film Faster with GridMarkets CEO Mark Ross
Jun 26, 2017 positive
Assertion Not checkable as stated
The Muse serves over 600 companies including Facebook, Slack, and HBO
“And then on the other side, we have over 600 companies From Facebook, Dropbox, Slack, to HBO, Goldman Sachs, Marriott businesses large and small, and we help them with hiring and employer branding.”
Catherine Minshew Jun 26, 2017 ▶ 1:59 702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay
Sep 5, 2018 neutral
Assertion Not checkable as stated
Goldman Sachs required Shopper Approved to calculate churn during acquisition talks
“We almost sold out a couple of years ago, and Goldman Sachs made us figure it out.”
Scott Brandley Sep 5, 2018 ▶ 6:29 1138 Goldman almost sold us for $12m, thankfully it failed
Sep 6, 2019 neutral
Insight
Medina: $200M ARR is the new $100M threshold for IPOs
“So you can't, you know, 200 is a new 100.”
Manny Medina Sep 6, 2019 ▶ 2:53 1504 Outreach Breaks $10m in New Bookings Per Quarter, Targeting $17m by Q4 2019
Jul 24, 2020 positive
Assertion Not checkable as stated
Goldman Sachs expanded from 1,000 to over 5,000 GitLab users
“It's been amazing to see, for example, Goldman Sachs as a customer, and we came in and they said, look, if you're doing really well in nine months, we're going to be a thousand users. And then two weeks later, we're 1500 users. Now they're over 5000 users.”
Sid Sijbrandij Jul 24, 2020 ▶ 12:44 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Feb 27, 2022 bullish
Assertion Supported
Jackson: Braintrust fee converter buys BTRST on open market with enterprise fees
“Last week, there was a community protocol upgrade where the community basically said, hey, that 10% fee collected from clients in cash needs to be paid in brain trust token. The community developed a new smart contract called the fee converter, which takes US …”
Adam Jackson Feb 27, 2022 ▶ 21:15 He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr
Mar 21, 2022
Assertion Not checkable as stated
Medina: Goldman Sachs tells companies $200M ARR is new IPO baseline
“200 is a new 100. So you can't, it's no longer a hundred... That's what Goldman is telling everybody.”
Manny Medina Mar 21, 2022 ▶ 3:30 Look Back: Can Outreach beat Vista Backed Salesloft?
Jun 6, 2023 neutral
Disclosure
Hurt: Goldman Sachs invested $40M in Data.world's $50M Series C
“The last round we raised was from Goldman Sachs. That was a fifty million dollar round. They put in forty million of that fifty million and we were oversubscribed on the remaining.”
Brett Hurt Jun 6, 2023 ▶ 18:10 How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats
Oct 5, 2023 negative
Opinion
Top Banks Assign C-Teams to $100M IPOs and Drop Them Quickly
“If you are you know, 50, 60, a hundred million dollars in, in revenue, and you're raising a hundred million dollars, those banks are going to give you the C team if you go with them, and they will drop you at the in a second, if they have a different opportuni…”
Gleb Budman Oct 5, 2023 ▶ 11:39 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
Oct 10, 2024 neutral
Assertion Partly supported
Latka: Hootsuite hired Goldman for a $700M exit attempt
“Hootsuite was in the news, like crazy, and then there were rumors about a, you know, could they IPO, and then they hired Goldman to try and get a seven hundred million dollar exit done.”
Nathan Latka Oct 10, 2024 ▶ 0:57 Hootsuite Approaching $400m in Revenue by Throwing out the SaaS Playbook with CEO Irina Novoselsky
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