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This is not a correct understanding of "market cap". Goldman's market cap includes the value of ALL shares, not just the shares available for public trading.
by simon_ 16y ago
This is not a correct understanding of "market cap". Goldman's market cap includes the value of ALL shares, not just the shares available for public trading.
- portman 16y agoYou're right; I thought they had created a new entity when they went public, and retained the partnership as the parent of the C-Corp. But you're correct, there's only one entity, and the 511M shares represent both stockholders and (former) partners. http://www.businessweek.com/1999/99_20/b3629102.htm http://www.businessweek.com/1999/99_20/b3629102.htm