Maybe not on the channel: Goldman Sachs is not just an address for founders who want to invest and increase their assets after a successful exit. The US bank has also been a venture capital provider in Europe for years. And we are actually talking about risk investments, about equity, not some form of bank loans.
Goldman Sachs invests in startups through its Global Growth Equity Fund. That means in mature startups, not early phase, usually from Series B onwards. And an impressive sum: Goldman has 5.2 billion US dollars “under management” here. The venture capitalist invests these in tickets between 30 and 250 million US dollars per deal in growth-state companies. And preferably several times, in several successive financing rounds.
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Until four years ago, the growth equity fund was a corporate venture business with a single LP: Goldman Sachs. But then the bankers decided to open up to other investors and in 2021 raised a venture fund with several LPs – including Goldman Sachs. smaller,” says the company.
Christian Resch leads the growth equity investment business in Europe and Israel from London. And he told us which startups Goldman Sachs is interested in as an investor (spoiler: by no means only Fintech) and why investing in growth companies is still a “people's business” – even if you would think: They have real business figures, that's true but not everything depends on the personality of the founders. Just do it. Resch reveals what he likes and what founders put him off.
In which growth phase should Goldman Sachs be considered as an investor?
Source: https://www.businessinsider.de/gruenderszene/fintech/vc-fonds-von-goldman-sachs-welche-startups-haben-chancen-auf-ein-investment/
