What actually is a platform
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Considering an exit from McKinsey as EM with 3 year tenure post MBA to financial services in tech org. TC is $325k with strong growth, WLB drops from 65-80hrs a week to 40-50hrs and no travel. Would you take it? Only consideration is that it’s a lateral move/slightly down in terms of current comp. Have been high performer st McK
I’m liking my chances for competing against Accenture more today. A platform refers to a foundation or environment that facilitates activities, services, or interactions between different entities, depending on the context. Here are a few common interpretations of a platform: Technology/Computing Platform: A combination of hardware and software that provides an environment where applications can run. Examples include: Operating systems like Windows, macOS, or Linux. Cloud platforms such as AWS, Google Cloud, or Microsoft Azure, which provide infrastructure for running applications and storing data. Development platforms like Android or iOS, which allow developers to build mobile apps. Business Platform: A digital or physical space that enables interaction between suppliers and consumers, or other kinds of stakeholders. Examples include: E-commerce platforms like Amazon or eBay, where buyers and sellers interact. Social media platforms like Facebook or Twitter, which allow people to share content and communicate. Political Platform: A set of policies or principles that a political party or candidate stands for and promotes during a campaign. Entertainment/Media Platform: A service or website that provides content, such as streaming platforms like Netflix, Spotify, or YouTube, where users can access and consume media. Each type of platform serves as a framework or base for activities or exchanges, often enabling other entities (individuals, businesses, applications) to perform or interact within that structure.
Love MD1 using Gen AI to give an overly verbose answer to the Q while berating OP. Classic MD behavior (says this MD).
This is a good question for ChatGPT fyi
Where do you think my answer came from?
In private equity, it’s a strong base company that you can roll up lots of smaller companies into through acquisitions and later sell at a higher price and multiple to make a profit.