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Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and […]

Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge Read More »

Salesforce CEO says National Guard should patrol San Francisco — stunning his own PR team

Though Benioff’s shift mirrors Silicon Valley’s broader accommodation of Trump, the exchange offered a rare glimpse of just how far that repositioning can go. The question now: will other Bay Area tech CEOs follow Benioff’s lead and call for federal troops in their own backyard?

Salesforce CEO says National Guard should patrol San Francisco — stunning his own PR team Read More »