How Goldman Invests in Great Businesses With Great Founders

The way that we think about investing at Goldman is not that dissimilar than how we always thought about growth investing. And part of that is ensuring that you get in at a price that allows you to make money or that type of money when you exit. The other piece of it is, is the company going to make good use of your capital? In other words, if I invest $1 in sales and marketing, am I going to get some multiple of that return on my capital? It's very easy to get to 100 million of IRR if you sell a dollar for 75 cents. So like most investors were really nailing in on what truly is efficient growth, I would say.