Latest Interviews
Showing 1–10 of 10 transcripts.
Clear all filters- Goldman Sachs1 min
GoldenTree’s Steven Tananbaum on the importance of entry price in distressed investing
In a shrinking market rife with insolvencies, an acquiring firm purchased a directory business generating $800 million in profit at an average entry price of 1.5 times enterprise value, securing high-20s returns through a strategy targeting management teams prioritizing capital return over reinvention. The buyer explicitly rejected a Canadian management team's plea to fund costly reinvention to prevent liquidation, instead executing a transaction designed to stabilize the asset without the proposed reinvestment. This approach allowed the firm to capitalize on a competitive sector while avoiding the liquidation scenarios that had plagued similar entities in the industry.
- Goldman Sachs24 min
Navigating the volatility in global bond markets
Jonathan Fine, George Cole, Alison Nathan, Jonny Fine
Following a global surge in bond yields driven by stronger-than-expected US growth and revised Federal Reserve policy expectations, investors are now pricing in heightened inflation risks and significant fiscal issuance from the incoming administration. Despite this volatility, corporate credit markets remain robust as earnings outpace borrowing costs, while central banks focus on preventing wage-driven second-round inflationary effects. Goldman Sachs' Jonny Fine projects a favorable bond outlook for 2025 based on underlying inflation moderation and the belief that current neutral rate concerns are overstated.
- Goldman Sachs29 min
Canva CEO Melanie Perkins on growing an idea into a multibillion-dollar design company
Canva, led by co-founders Melanie Perkins and Cliff Obrecht, has scaled to serve 165 million users and 90% of Fortune 500 companies by leveraging a bottom-up adoption strategy and its proprietary Magic Studio for AI-driven design automation. The company recently pivoted toward "wall-to-wall" enterprise deployment while maintaining profitability, a trajectory supported by its strategic acquisition of visual AI firm Collido and a dedicated trust and safety framework. Guided by a dual mission of commercial growth and social impact, Canva plans to expand its ecosystem to one billion monthly active users by donating equity and profits to eradicate extreme poverty.
- Goldman Sachs1h 1m
Danny Meyer: Shaking it Up: Stories of Success from a Disruptor
Danny Meyer, Tim O'Neill, John F.W. Rogers, Kevin McCarthy, Tyler Perry, Sarah Kauss, Wilbur L. Ross, Sara Blakely, Michael Bloomberg, Gina Raimondo, Rick Snyder, Marco Rubio, Lloyd Blankfein, Richard Branson, Warren Buffett
Danny Meyer launched Union Square Cafe in 1985 by applying an "enlightened hospitality" philosophy that prioritizes employee well-being over profit, a strategy that transformed a struggling neighborhood eatery into a cultural icon following a pivotal New York Times review. This approach evolved into the Union Square Hospitality Group, which expanded to include Shake Shack and over 100 locations globally by institutionalizing a culture where leaders act as "culture carriers" and growth is driven by a specific stakeholder hierarchy. Meyer's career demonstrates how maintaining core values while aggressively pruning non-performing assets allows an organization to scale without losing its soul or financial stability.
- Goldman Sachs15 min
Rep. Kevin McCarthy: Standing Up for Small Businesses
Kevin McCarthy, John F.W. Rogers, Tyler Perry, Danny Meyer, Sarah Kauss, Wilbur L. Ross, Sara Blakely, Michael Bloomberg, Gina Raimondo, Rick Snyder, Marco Rubio, Lloyd Blankfein, Richard Branson, Warren Buffett
House Majority Leader Kevin McCarthy, a California Republican with deep roots in the state's energy and agricultural sectors, outlines his journey from early entrepreneurial ventures to crafting bipartisan legislation like the Jobs Act. He argues that small businesses are the nation's primary job creators and urges owners to build direct, sustained relationships with lawmakers to overcome capital and training hurdles. Drawing on historical symbolism from the Gettysburg Address and Washington Crossing the Delaware, McCarthy concludes by calling for cross-party collaboration to address long-term challenges and forge a more perfect union.
- Goldman Sachs11 min
Talks at GS – Naval Ravikant: The Capital Play Behind Blockchain and Cryptocurrency
The event examines blockchain technology as a novel governance mechanism that solves consensus problems without central authority, highlighting applications ranging from Bitcoin to decentralized identity networks. It details the stringent technical expertise required to navigate high-risk investment environments marred by market manipulation, insider trading, and the complexities of ICOs replacing traditional capital formation models. Finally, the presentation analyzes how national competitiveness is shifting toward reserve currency status and regulatory adaptability as governments confront the legal challenges of enforcing laws on code-based speech and decentralized networks.
- Goldman Sachs10 min
Marni Walden: From Mobile to Media - Transforming Telecom - Talks at GS
Verizon Executive Vice President Marnie Walden is leading the company's strategic pivot from a connectivity provider to a media and content owner by integrating AOL and Yahoo assets to secure the audience scale necessary for digital advertising dominance. This transformation utilizes Fios, mobile networks, and 5G fixed wireless to deploy proprietary content bundles while expanding a telematics division that leverages automotive partnerships and enterprise fleet services. Driven by a management philosophy rooted in diverse leadership and market revitalization, the initiative aims to monetize network infrastructure directly rather than relying solely on traditional licensing models.
- Goldman Sachs16 min
Deepak Chopra, M.D.: Talks at GS Session Highlights
Dr. Chopra synthesizes decades of medical observation and modern research on the microbiome to define well-being through five interconnected pillars, while advocating for the use of biosensors and biofeedback to objectively measure and regulate physiological stress. He argues that accessing a "ground state" of infinite potential through meditation allows individuals to transcend cultural conditioning and adopt enlightened leadership qualities such as deep reflection and authentic presence. These principles are presented as a business imperative, demonstrating that focused eight-hour workdays, adequate downtime, and the cultivation of meaning directly enhance organizational efficiency and counteract the detrimental effects of multitasking.
- Goldman Sachs6 min
10,000 Small Businesses: Miami Graduation Highlights
Sandra Williams, Leticia Pollock, Lloyd Blankfein
The Miami Dade College chapter of the Goldman Sachs 10,000 Small Business program has graduated over 70 entrepreneurs who collectively generate $55 million in annual revenue and employ more than 1,000 people. Success stories from alumni like QQ Research Consultants and Panther Coffee illustrate how participants achieve aggressive growth targets and expansion plans while maintaining full-time operations through rigorous night and weekend study. Chairman Lloyd Blankfein highlights the initiative's role in revitalizing struggling communities by empowering owners to realize their life dreams rather than focusing solely on monetary accumulation.
- Goldman Sachs13 min
Goldman Sachs 10,000 Women: Proving the Case for Women Entrepreneurs
In its sixth annual iteration, the Goldman Sachs 10,000 Women initiative reached its milestone of supporting 10,000 entrepreneurs while demonstrating that 70% of graduates increased revenue and 60% created jobs within 18 months. Building on these results, Goldman Sachs, Lloyd Blankfein, and the World Bank launched the $600 million Women's Entrepreneur Opportunity Facility to close the global $285 billion credit gap and target 100,000 women-owned SMEs. This strategic capital access aims to leverage the projected 12% per capita income growth from closing gender gaps while signaling the financial sector that women's entrepreneurship represents a high-growth market opportunity.