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Lloyd Blankfein

πŸ‘€ Speaker
1832 total appearances

Appearances Over Time

Podcast Appearances

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

And not so much in bigger organizations.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Totally.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

We always wanted to achieve.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

That's another thing, to try to be an entrepreneur in an institution.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Totally.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Maybe I'll transition, because I want to get to the financial crisis and a few other questions, maybe more present day.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

But, you know, Goldman fared, obviously, incredibly well during the financial crisis, you know, and obviously earned public backlash, I would argue, unfairly, you know, as a result.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Yeah, guess what, I agree with that.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Yeah, yeah, I figured.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

What do you think helped the firm navigate that period so well?

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

You know, was it risk management, technology?

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

The fact you didn't have a big consumer business?

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Risk management.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

The lack of a big consumer business hurt us in the back end on the reputational side because people didn't know us.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Right.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

We were a big, influential government sack.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

So I have, you know, people who left Goldman became very big officials, prime ministers, and by the way, not just in the U.S., overseas as well.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

Totally.

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

And so, but...

The a16z Show
Lloyd Blankfein on Risk, Crisis, and Leadership

In the beginning, you know, risk management culture, and maybe that stemmed from the fact that we were a partnership.