Tag: venture capital
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Goldman Sachs to Acquire Industry Ventures: VC Expansion
Goldman Sachs to acquire Industry Ventures, signaling a strategic push into venture capital Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm with about $7 billion in assets under supervision. The deal, valued at $665 million in cash and equity plus up to $300 million in potential earnouts tied to…
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Goldman Sachs to Acquire Industry Ventures: A Strategic VC Push
Deal Overview Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm with about $7 billion in assets under supervision. The preliminary terms include $665 million in cash and equity at signing, with an additional up to $300 million contingent on Industry Ventures’ future performance through 2030. Goldman expects the deal…
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Millionaire Vinod Sekhar Attacked in London: Wife Fights Back Like a Lioness
The London Incident: A Brush with Danger Vinod Sekhar, the Malaysian billionaire and chairperson-CEO of Petra Group, was attacked outside his daughter’s London home last week. The incident unfolded near Battersea Power Station after a day spent with his family in Oxford. According to Sekhar, two men suddenly emerged as he stepped out of his…