Goldman Sachs has acquired $7bn venture capital firm Industry Ventures in a deal that cost $665m in cash and equity with a potential $300m bonus. In what has been called a more ambitious move, JPMorgan Chase has developed a $1.5tn 10-year plan to boost critical industries in America including defense, aerospace, energy independence, technologies like AI, and advanced manufacturing.
When Wall Street starts talking about patriotism, you know something big’s cooking.Goldman Sachs just snapped up Industry Ventures, a $7 billion venture capital firm, for $665 million in cash and equity, plus a potential $300 million bonus if things...
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