Goldman Sachs associates don’t hang around. Carlos Ventura, the Goldman Sachs associate who joined Deliveroo in March 2017, has now quit and is starting a rival food delivery firm.
Ventura joined Deliveroo’s executive strategy and corporate development team after two years in Goldman’s TMT M&A team and a previous three years at Citi. According to his LinkedIn profile, he left in February and has now set up his own company, Feast & Fettle, which boasts that it will deliver “real chef prepared meals… to your door”.
Rhode Island-based Ventura isn’t the only ex-Goldmanite to set up his own food delivery enterprise. Cambridge economics graduate Rahul Parekh quit Goldman’s derivatives trading team after four years earlier in 2014 and now runs Eat First, which delivers chef-prepared meals in central London.
It’s not clear why Ventura left Deliveroo – although the urge to strike out alone might have something to do with it. Other M&A juniors who’ve quit for corporate development have complained about career progression, however.
Ventura isn’t the only banking analyst to have left for Deliveroo in the recent past. Alexander Cornish, a former Deutsche analyst, joined the delivery firm as a finance analyst in December 2016 and is still there. Alex Berga, a former Goldman equity sales trader, joined in March 2016 and is still there too.
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