4.4 • 1K Ratings
🗓️ 31 October 2016
⏱️ 29 minutes
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0:00.0 | This is Exchanges Goldman Sachs, where we discuss trends currently shaping markets, industries in the global economy. |
0:13.6 | I'm Jake Seward, Global Head of Corporate Communications here at Goldman. |
0:16.8 | Today we're at the Goldman Sachs Builders and Innovators Summit in Santa Barbara, California. |
0:21.1 | Each year we bring 100 of the most exciting founders |
0:24.5 | of early-stage companies, together |
0:26.3 | with more seasoned entrepreneurs for discussions |
0:28.4 | on building businesses. |
0:29.6 | And we're going to talk to two of those entrepreneurs today. |
0:32.3 | But first, I'd like to welcome David Solomon, |
0:34.2 | the co-head of our Investment Banking Division, |
0:36.2 | to set the table for today's discussion. |
0:38.0 | David, welcome to the program. |
0:39.8 | Thank you, Jake. |
0:40.8 | So David, before we begin talking about the conference, I want to take a few minutes to discuss |
0:44.0 | some of the top of mind issues for your business right now. |
0:46.6 | Let's start with IPOs. |
0:48.6 | This year's been a little sluggish for IPOs. |
0:50.3 | Started off terribly, picked up a little bit. |
0:52.6 | Should we expect anything different next year in 2017? |
0:55.6 | Well, I think the year started with something that appears now to be a little bit of an |
0:59.2 | aberration period instead of a trend. |
1:01.9 | And so we walked into 2016 and markets were really in disarray |
... |
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