Why a private equity career gets you rich without much risk

Luke Johnson is a serial investor and entrepreneur. He built Pizza Express through the 1990s, established Strada, Giraffe and runs a family office private equity firm. Here, he explains why he is both a critic and a fan of private equity investment.
For the full interview: fund-shack.com/

[@TM-yr3pc]

In some sectors Private equity plays an essential role, innovation, new tech, risk capital etc.
But mostly it’s immoral: bogus financial metrics, tax dodging, cartelised, over leveraged, bootstrapping with other people’s money…paid for with other peoples livelihoods ….with no real accountability for failure.

[@selohcin]

Gosh, why didn't I think of that? It's so obvious! I should have been a private equity guy! Oh, that's right. I'm not in the right circles and don't have the money to get there. 🙄

[@moh6410]

Even Stephen(blackstone) get hundreds of rejections from his circle.