In 1907, a 16-year-old boy with a thick Brooklyn accent shows up at 43 Exchange Place - a New York City skyscraper home to several Wall Street brokerage firms. He’s looking for a job, but no one wants to hire a middle-school drop-out who barely knows how to write. After more than a dozen rejections, he manages to get a job at a small brokerage house on the third floor called Goldman Sachs. Not as a broker… but as an assistant… to the janitor. He spends his days shining partners’ shoes and cleaning out their tobacco-filled spittoons. At the time, no one paid much attention to this random kid from Brooklyn, but only because they had no idea who he would eventually become.
Fast forward a few decades and that boy, Sidney Weinberg, was now the CEO of Goldman Sachs, the very same investment bank where he first started as a janitor’s assistant. He still has knife scars on his back from street fights as a newspaper boy, but Sidney is now the most powerful financier on Wall Street, steering Goldman Sachs through the Great Depression, advising U.S. Presidents and underwriting some of the biggest IPOs in history. This is the story of how a poor boy went from sweeping floors at Goldman Sachs to building it into the global financial powerhouse we know today.
- ABOUT PROBABLY SOMETHING -
Hey, I'm Kunal. I'm a Swedish founder in NYC and ex-investment banker (Lazard M&A). You can think of this as my personal business blog, but in video format.
I create videos about finance, business strategy, M&A and mental models to help me better understand our complex business world. Through my work, I've mostly covered tech, media, healthcare, sports and holdcos so those are naturally the topics I gravitate towards.
My goal is to constantly challenge myself to become a better business operator, investor and thinker by studying world class founders, financiers and investors. I hope this channel will help you do the same.
Just sharing what I'm learning along the way and documenting my journey - nothing on here should be considered financial advice.
Feel free to reach out: kun.chauh@gmail.com
-Kunal Chauhan
25 июл 2023
