Image may be NSFW.
Clik here to view.
Goldman Sachs mints millionaires, but some of the bank's employees achieve career highs only once they've left Wall Street.
Just ask Spencer Rascoff: the former Goldman banker spent years working at various startups before joining Zillow Group's founding team.
He ascended through the ranks, beginning in 2005, before becoming CEO of the home-sales site.
Business Insider tracked down 29 other men and women who worked at Goldman Sachs and later went on to launch new companies, or took on leadership roles with hot startups, after leaving the big bank.
Not all of them were at the bank for very long. Christopher Altchek was at the bank just a year before he launched news website Mic.com. On the other hand, Patrick de Nonneville spent more than seven years with the bank, working as co-head of European interest rates products, until the allure of startup life lured him away this year.
The businesses range from bond-trading platforms to speech therapy apps. There's one bakery in the mix. Some have been sold to tech giants like Twitter, while others are still in their early stages.
If you are, or know of, bankers who've started up their own firms after checking out of Goldman Sachs, please let us know at:jmarino@businessinsider.com.
Before he was a big public company CEO, Spencer Rascoff was a Goldman banker
Image may be NSFW.Clik here to view.
Spencer Rascoff had a lengthy career across virtually all segments of finance: as a banker and a private equity pro.
He joined real estate website Zillow Group at its founding in 2005, and served in various roles, becoming CEO in 2010. Earlier this year the company completed the integration of Trulia, its biggest competitor that it acquired for $2.5 billion.
Kristen Koh Goldstein launched a site for women like her
Image may be NSFW.Clik here to view.
After more than a decade in finance, one Goldman Sachs alumnus decided working and raising a family wasn’t a zero-sum game. Kristen Koh Goldstein would go on to launch BackOps, a startup that puts stay-at-home moms and others in touch with companies that need to outsource back-office functions such as bookkeeping, payroll and talent management.
In a recent interview with Business Insider, Koh said her company is now profitable.
Nick Sedlet launched a hiring startup
Image may be NSFW.Clik here to view.
Nick Sedlet spent more than three years working at Goldman Sachs as a quantitative analyst before he launched HireArt in 2011.
The job applicant screening service would go on to secure seed funding from YCombinator. Already, he's racked up $1.4 million in funding. He said in an interview with Inc.:
"I felt like there was a lot more to me than what I was doing at work. Starting a company sounded exciting and was something I always wanted to try. It wasn't easy to leave a job I had worked so hard to get, but it was now or never.”
See the rest of the story at Business Insider