Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by Wallstreeter on Tuesday July 28, 2015 @12:31PM
(#9962746)
Now might be a good time to remember about how Goldman Sachs "helped" Dragon. See NYTimes article: "Goldman Sachs and the $580 Million Black Hole" http://www.nytimes.com/2012/07/15/business/goldman-sachs-and...
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by ionforce on Tuesday July 28, 2015 @11:14AM
(#9962102)
The one thing I remember about Goldman Sachs is that they have their own collections library for Java.
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by mseebach on Tuesday July 28, 2015 @12:33PM
(#9962760)
They do, and it's pretty cool: https://github.com/goldmansachs/gs-collections
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by KennyCason on Tuesday July 28, 2015 @01:09PM
(#9963007)
I can confirm it's awesomeness and high performance!
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by sarwechshar on Tuesday July 28, 2015 @05:49PM
(#9964755)
What's interesting is they say GS have more developers and programmers than bankers and traders...
1 - Goldman Sachs wants to be able to offer it's investors access to tech companies. This used to be access to IPOs, and now it's access to pre-IPO.
2 - Goldman Sachs is trading for their own position too.
3 - Goldman Sachs is an IT company at heart. Their IT department is bigger than their Fixed Income department. They write their own databases and programming languages from scratch. (I'm not saying whether this is a good idea or not.) They want to be attached to the bleeding edge of Silicon Valley technology, and money is their way in.
None of this is nefarious or evil.