Brew Markets Lloyd Blankfein on Leading Goldman & Govt’s Place in Public Companies
9 snips
Mar 6, 2026 
Lloyd Blankfein, former CEO and Chairman of Goldman Sachs and author of Streetwise, shares stories from leading a major bank. He discusses crisis leadership and what makes partnership culture work. He weighs founders' control, public vs private markets, regulation reform, AI's impact on finance, and views on gold versus crypto.
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When Co-CEOs Work And When They Break
- Co-leadership can multiply strengths when cultures align and slow decisions when they don't.
- Lloyd explains Goldman trained partners to act like co-owners, listening broadly and sharing firmwide responsibility, which makes co-heads effective when ego is subordinated.
Founder Control Helps Now But Cripples Future Generations
- Founders keeping supervoting control can accelerate bold long-term tech competition but risks problematic succession.
- Lloyd welcomes current founders' commitment yet argues supervoting should expire by the next generation to avoid entrenched control.
Regulatory Buildup Is Driving Companies To Stay Private
- The burdens of public-company regulation push founders to stay private longer, shrinking public access to promising businesses.
- Lloyd says accumulated layers of compliance and disclosure make public life onerous, and regulators should simplify rather than keep piling rules on.
