Dossier
Allen & Co.
Coverage of Allen & Co. in the Nexus archive.
Sun Valley conferencetopic1Sam Altmanperson1Tim Cookperson1Jeff Bezosperson1Mark Zuckerbergperson1OpenAIorganization1Appleorganization1SpaceXorganization1Goldman Sachsorganization1Jay Ritterperson1University of Floridaorganization1Morgan Stanleyorganization1William Blairorganization1Societe Generaleorganization1
- The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them
The Sun Valley conference, originally a media-finance gathering, has shifted to prioritize tech leaders like Sam Altman, Tim Cook, and Jeff Bezos over traditional media moguls. The event, hosted by Allen & Co., remains a private networking hub for influential figures in tech, media, and finance.
- SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
SpaceX is offering its underwriters a record-low 0.75% gross spread for its historic IPO, but Wall Street banks, led by Goldman Sachs, will still earn the largest dollar fees ever due to the massive $86 billion deal. This mirrors Goldman's 2010 strategy to win the GM IPO by matching a low fee, and the underwriters will split approximately $646 million in fees.