Beware of the “platforms”

Jonathan Knee writes for FT: Increasingly, the term “platform” has come to be used as little more than a kind of trigger word to separate investors from their money. Characterising otherwise more pedestrian businesses as “platforms” has become the go-to move to goose valuation multiples or just attract interest.For instance, the healthy salad fast-food chain … Continue reading Beware of the “platforms”