Behind Lazard's Unique Relationship With Google
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Business
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University
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Practice Problem
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Hard
Wayground Content
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The video discusses the longstanding relationship between Lazard and Google, highlighting Lazard's discreet and trusted role in Google's financial dealings since 2011. The partnership began with Vernon Jordan introducing Lazard to Google's David Drummond. Despite being informal and non-exclusive, Lazard has maintained this relationship, earning steady fees and potential bonuses from large transactions like Motorola and Fitbit deals.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How does Lazard's ongoing business benefit from its relationship with Google?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the financial implications of Lazard's relationship with Google?
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