Goldman Sachs, arguably the most powerful bank in the world, is quietly becoming one of the most influential investors in technology startups. According to research from CB Insights, Goldman has participated in 132 fund-raising rounds in private technology companies since 2009. Goldman has backed Uber, Pinterest, Dropbox, and 12 other so-called unicorns, that once-rare group of startups valued at over $1 billion. At last count, there were 119 startups valued at more than $1 billion, almost all created within the past few years. Goldman ranks in the top 10 of CB Insights’ unicorn backers.
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