3 ms·
This is extraordinary because Goldman Sachs has been negotiating contracts for 150 years, from companies to governments. You can't expect them to win every bet,
by carabiner 3y ago
This is extraordinary because Goldman Sachs has been negotiating contracts for 150 years, from companies to governments. You can't expect them to win every bet, but it's a striking example that a tech company might have better financiers than a financial one.
- gumby 3y agoApple, headed by a supply chain guy, famously has a single balance sheet and pl, not divisions. They are not afraid of walking away from a deal that doesn’t meet their criteria, and they are past master at squeezing their suppliers. Goldman is a sprawling group of interests, far more transactional, and though it’s no longer a partnership, doesn’t speak with one voice like apple does. I don’t like Goldman, and while I use apple gear I don’t want to do business with them beyond making purchases.