Interestingly, Asia is the one main continent Goldman Sachs is not initially targeting with its initiative to encourage private companies going public to think about their diversity responsibilities.
David Solomon, Goldman Sachs chief executive speaking to CNBC, said: “Starting on July 1 in the US and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a focus on women. … This is an example of our saying, ‘How can we do something that we think is right and helps move the market forward?'”
Given the strength of Asia-based corporate venturing attendees to our GCVI Summit.com in Monterey California this week it feels a little short-sighted to miss the most dynamic region for IPOs.
