NY entrepreneurs Aaron Sherman and Gianfranco Verga partnered with Goldman Sachs analyst Neal Parikh to create an online database and resource for wine purchasers in the NY and NJ area. The site allows users to search all wines, beer, and liquor available by region, size, and price. The [Full Story…]
#UrbanCompass Is NY’s Hottest VC Investment
December 18, 2012 at 4:15 pm
Even before its launch, investors are lining up to fund Urban Compass. The NY-based company received $8 million in seed money from Founders Fund, Goldman Sachs, Thrive Capital, American Express CEO Kenneth Chenaul and Cyrus Massoumi, CEO of ZocDoc. According to TechCrunch, not a lot is known about [Full Story…]
#UrbanCompass Announces $8M in Seed Round
November 29, 2012 at 1:59 pm
Urban Compass just announced an $8 million seed round from Founders Fund, Thrive Capital and Goldman Sachs. The focus of Ori Allon’s new SoHo-based startup is still a secret, but The Verge reports that its new technology collects and tracks data in the “offline world” in a way that wasn’t [Full Story…]
Barred From Social Media, Wall Street Finds a Workaround
November 27, 2012 at 9:58 am
Lots of people are plugged into social media all day, yet access to Facebook, Twitter and most music and video streaming sites are blocked at Wall Street firms. Regulations require financial institutions to keep records of all employee communication, but there’s no way to monitor Facebook chats [Full Story…]
Big Wall Street Banks Producing Mobile Apps
August 7, 2012 at 8:02 am
Typically tech innovations have been driven by business and then adopted by consumers, however, mobile apps seem to be doing the opposite. The current rise of institutional apps produced by such companies as Goldman Sachs Asset Management, J.P. Morgan and Morgan Stanley is being driven by the [Full Story…]
Goldman Sachs Joins Twitter
May 28, 2012 at 2:03 pm
Recently Goldman Sachs announced its official arrival to Twitter, as one tweet alone won the company 7,000 followers, and some mixed responses. Wall Street & Technology reported that one Occupy Wall Street protestor greeted Goldman with this simple tweet: "Welcome to Twitter.” The start of [Full Story…]
Goldman Spins Off REDI Tech
February 13, 2012 at 10:57 am
In a move that reveals a shift in hedge fund and buy-side firm trading, Goldman Sachs is planning to create a separate subsidiary for its REDI Technology electronic trading group. Goldman is also inviting rival firms to take stakes in the unit. REDI designs execution management systems (EMS) used [Full Story…]
The Internet as a Model for #OccupyWallStreet
October 19, 2011 at 11:33 am
In a recent article by Atlantic writer Conor Friedersdorf, the author discusses how the the Occupy Wall Street protests in Lower Manhattan are behaving very much like the Internet. To make his point, he mentions the insight from Douglas Rushkoff at CNN.com, who said that Occupy Wall Street is [Full Story…]
Social TV Company Impresses Goldman Sachs, Raises $20 Million
October 5, 2011 at 10:04 am
Networked Insights, a NY company that analyzes social data to find consumer engagement opportunities, has raised $20 million in its latest round from Goldman Sachs. The company uses social data to gain specific audiences for brands rather than target audiences. According to Lost Remote, Networked [Full Story…]
Goldman Sachs CEO Targeted by Hacker Group #OccupyWallStreet
September 28, 2011 at 12:07 pm
A hacker group using the handle, CabinCr3w, have released personal information regarding the age, recent addresses, details of past litigations and registration information for businesses of Goldman Sachs CEO Lloyd Blankfein. While the reason for targeting the CEO is unknown, on Monday the [Full Story…]
ZocDoc Extends Round to Goldman Sachs, Raises $25 Million
September 23, 2011 at 4:05 pm
ZocDoc, a NY startup that allows patients in 12 different cities to book doctor appointments online, has extended their Series C round, raising $25 million from Goldman Sachs. In August, the company raised $50 million in the round from DST Global. ZocDoc is free for patients, $250 a month for [Full Story…]
Goldman Sachs Named Best Tech Dept on Wall Street
September 19, 2011 at 11:23 am
Voted on by 144 financial professionals, Goldman Sachs has been named the most admired technology department on Wall Street and was praised for its "quality of its people, processes and pragmatic attitude." The following filled out the Top Five of the survey conducted by [Full Story…]
FinTech Showcases Six New Financial Services Startups
July 25, 2011 at 5:03 pm
Six entrepreneurs, selected from a field of more than 90 startups, showed off their latest cutting edge technology at the annual FinTech Innovation Lab. Created by the New York City Investment Fund and Accenture, the Lab was instituted to foster technological innovation in the financial services [Full Story…]
AdGrok Blogger Talks Transitioning from Goldman Sachs to Startup World
July 6, 2011 at 8:17 am
Antonio Garcia-Martinez of NY-based AdGrok recently discussed his experience leaving Goldman Sachs to found his own startup. Garcia-Martinez didn't speak highly of the Wall Street environment, calling it "inward-looking and all-consuming," focused solely on money, trading and their annual White [Full Story…]
Crain’s: The Numbers Behind a Tech Bubble
May 24, 2011 at 6:03 pm
Greg David of Crain's New York Business analyzed the numbers of recent media valuations to establish whether or not we are in a tech bubble. The fears come mainly after a LinkedIn IPO valued the company at almost $9 billion. However, the article looks at other NY companies such as Gilt Groupe and [Full Story…]
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