[phyalow]

Goldman's partnership today is that in name only. Prior to the firms IPO new partners did indeed have to buy their way in (via loans!).

[C1sc0cat]

The full value? GS was huge even before the IPO no individual could ever expect to buy the value of their share surly?

[phyalow]

I think anecdotally it was around 6-800k USD, which could be covered no problem with a few years of contributions from salaries and bonuses. Basically its just company equity that you are buying. The amount can be token but you are still a "partner".