Goldman Sachs spent $6 billion on technology last year and would have preferred to spend $8 billion, but capital deployment accountability prevents unlimited spending.

factualpending

Speaker

David Solomon

Evidence Quote

Last year we spent $6 billion on technology. I would have loved to spend eight but if I spent eight our returns would have been hundreds of basis points lower.

Source

Ben Horowitz and David Solomon: The Sweetest Macro Spot in 40 Yearsa16z
Created: 8/12/2026, 10:05:59 PM

My Notes

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