The Daily Download: Featuring Goldman Sachs and Rivian
Goldman Sachs has launched a joint venture focused on catering to automotive technology clients. It's not surprising, given the number and size of SPACs that have hit the market of the past six months and the amount of profit being generated for investment bankers.
This has been a busy year for auto tech deals!
Case in point, EV startup Rivian (backed by Amazon and Ford) which could be seeking to go public by as early as September 2021.