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and the google life extension project, if it is to succeed, will require a lot of financing. Here is a thought experiment: if investment banks are useless the

and the google life extension project, if it is to succeed, will require a lot of financing. Here is a thought experiment: if investment banks are useless then why do companies, including Google, pay them high fees? The simplest explanation is they have their own role to play

refurb 13y ago
Good point. I was talking to a CEO of a biotech start-up. He is not a huge fan of the banks, but he said "If I decide to do an IPO, you can dam well be sure I'll go with Goldman. I would be leaving money on the table with anyone else."
- ye 13y ago
  Goldman PR team has arrived.
  - refurb 13y ago
    Good lord. I'm just relaying a story that is relevant to the topic at hand. I thought it was interesting because, before talking to this CEO, that all banks were the same. He corrected me on that.
    - ye 13y ago
      And he is wrong. Check out how Goldman ripped off Facebook investors on their IPO.
      - refurb 13y ago
        Well this guy is speaking from the company side, so....