Bloomberg reports that Noto, a dot-com era Internet analyst, is Goldman Sachs’ head banker on Twitter.
The IPO would be the largest for a U.S. technology company led by Goldman, according to data compiled by Bloomberg. The microblogging service publicly released its IPO filing yesterday via the U.S. Securities and Exchange Commission, using a $1bn placeholder amount.
Twitter is helping Goldman Sachs bounce back after the investment bank was trounced by Morgan Stanley for the prime spot on social-media deals from LinkedIn to Facebook Noto, who co-manages technology investment banking with George Lee, has helped drive new deals for New York-based Goldman Sachs since returning to his former employer from the NFL, where he was Chief Financial Officer.
'The franchise was floundering for a bit in the tech IPO market', said Lise Buyer, a former Internet analyst who now runs Class V Group LLC, an IPO consultancy in Portola Valley, California. Now Goldman Sachs is 'clearly giving Morgan a run for their money', she said.
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image: © West McGowan