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If Goldman Sachs had not gone public in 1999, it would likely look more like Lazard today than like Goldman Sachs, missing the global expansion of capital markets.

forecastpending

Speaker

David Solomon

Evidence Quote

“If the firm hadn't gone public in 1999, it would have missed the global expansion of capital markets and probably would look more like Lazard.”

Source

Ben Horowitz and David Solomon: The Sweetest Macro Spot in 40 Years— a16z
Created: 8/12/2026, 10:05:59 PM

My Notes

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