Back to News
BusinessBusiness Insider1d ago

Inside David Solomon's letter to Goldman interns: SpaceX, more M&A, and how to thrive in an 'innovation supercycle'

Goldman Sachs CEO David Solomon advised interns to "manage your energy" as they enter the firm during an "innovation supercycle."

Read Full Article on Business Insider

AI SUMMARY

# Goldman Sachs CEO David Solomon Signals M&A Boom Amid Innovation Cycle In a letter to Goldman Sachs interns, CEO David Solomon highlighted expectations for increased mergers and acquisitions activity and referenced SpaceX as an example of innovation-driven growth, positioning the firm to capitalize on what he termed an "innovation supercycle." Solomon's messaging suggests Goldman anticipates elevated advisory fees from M&A transactions during this period of technological disruption and urged incoming talent to manage their workload effectively while navigating heightened deal activity.

MENTIONED STOCKS

Content sourced from Business Insider. Not financial advice.