Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to list at all.
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Goldman Sachs chief David Solomon questions start-ups’ need to list
“Today you can get capital privately, at scale . . . you can also get liquidity in the private markets. So the reasons to go public, when you really reach an incredible scale, are getting pushed out,” said Solomon at the Cisco AI Summit in Palo Alto.
