Goldman Sachs Buys Industry Ventures: A VC Game Changer

Goldman Sachs just made a near $1 billion move to acquire Industry Ventures, signaling a massive shift in the world of venture capital. Why? Industry Ventures specializes in secondaries—buying and selling shares of private companies, a booming market as startups stay private longer. This acquisition gives Goldman a major foothold in the increasingly lucrative private market, and experts predict other big banks will follow, potentially reshaping the future of startup investing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.