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Hi Fishes
I want to share very bad experience I had at Mastercard
I was given offer by Mastercard in month of Dec The hike was less but looking at brand & other perks I accepted the offer & was looking forward to joining them.I got few offers & I went back to them for sole purpose of renegotiating CTC, to have a industry standard hike. They didn't reverted back for 2-3 days & just dropped a mail that they are revoking initial offer as well on grounds that they didn't like i gave other interview
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Rising Star
But the comment above is slightly misleading. Not knocking the firm but you all are known for tech delivery; it’s even boasted on your website.
To imply there may be portfolio company strategy/ value creation or deal advisory work isn’t true; the majority of work is what you all are great at. Which is tech delivery.
There can still be a path to PE in the above but a candidate is better off knowing exits will be siphoned to ops/ tech ops in a fund.
Hi - as someone mentioned below, we are a management consulting firm that does work for (among many other types) PE clients and their portfolio companies. There are some Principals who focus specifically on that client set and the services that they buy.
Private Equity as an industry is a different world, but if you are looking to get into PE, a great way to get exposure to and potentially exit into the PE world would be to work with PEs via serving them and their portfolio companies in a strategy, advisory or tech delivery capacity, which is exactly what we do!
You should reach back out to that Principal and see what they have to say...
Rising Star
Indirectly familiar. Please do not think this is a way to transition to the investment side as it won’t be. Likely a better channel would be transitioning to a portfolio ops function focused on technology - far better chance given they over index in tech
As an earlier poster stated, this isn’t the same as working for a PE firm. Think: IT due diligence. These projects can be “churn and burn” where you have a few weeks to evaluate a sliver of a business (usually the tech stack). The rest of the valuation process usually falls to others. Other firms in this IT due diligence space like WMP have much more mature practices.
However, if you are wanting to get into actual PE/valuation work, you’d be better off pursuing other avenues IMO.
Pro
What firm you are at ?
You won’t work IN PE. They may do work FOR PE clients
Unless you’re at Bain Capital 😎