David Solomon, Chairman and CEO of Goldman Sachs in New York in 2019 ASSOCIATED PRESSO n a muggy summer night in Baltimore, Goldman Sachs CEO David Solomon is holding court at the iconic Bengies drive-in movie theater as over 300 entrepreneurs graduate from his firm’s 10,000 Small Business Program. “Being a small business owner, I sometimes feel like I’m on an island by myself,” says Skinner, who filed for bankruptcy during the Great Recession. “Having the Goldman Sachs program there to help me think through decisions and make the right ones was a huge help...it renewed my confidence,” she says. When small employers account for 64% of new jobs created in the U.S., according to the Small Business Administration, this is especially troubling. But would the venerable Goldman Sachs set its sights on disrupting the $800 billion small business lending space next?

Source: Forbes June 09, 2021 13:18 UTC