It is a certain dynamic in the market. Not that it would ever be particularly boring in the venture capital, but at the moment many have a particularly hurry to get into good deals – especially in two areas: AI and defense.
Christian Resch heads the Growth Equity business of Goldman Sachs in Europe. With the Global Growth Equity Fund, the US bank has its own VC vehicle. A stately: 5.2 billion under management.
The venture capital provider invests this via tickets from 10, but usually between $ 30 and $ 250 million per deal. The aim is Growth Companies with several hundred million sales, pre-IPO, in the late-stage area.
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So far, the core issues for Goldman Sachs investors are FinTech, Health-Tech, Applied Software and Cybersecurity. The fund has already made seven investments in the current year, including those in generative AI and cybersecurity. “It has been a good year out of investment vision so far,” says Resch, whom we met for an interview on the edge of the Disrupted Tech Symposium by Goldman Sachs in Munich.
Of course, it has not escaped him that there is such a light Fomo among investors at AI and Defense startups, the investor confesses in an interview with the start-up scene. However, he himself meager to the reluctance – because not all reviews of these days are justified. Keyword: Hype cycle.
Christian, how do you look at the current run on deals in the AI area?
Source: https://www.businessinsider.de/gruenderszene/perspektive/ki-und-defense-wie-der-goldman-sachs-investor-auf-die-hype-branchen-blickt/
