Consulting to tech PM vs PE vs corporate strategy: which one actually keeps more options open?

i’ve been thinking a lot about optionality lately, and maybe this is paranoid, but one of the things keeping me from fully committing to a path is the worry that i’ll close doors i actually need open later.

like, i keep hearing that tech PM is “high upside” but what happens if i get to year three and realize i actually want to do something in finance? or conversely, if i go PE, am i essentially cutting off any real path back into tech?

the reason i’m asking is that it feels like the exit path you choose now dictates your entire next chapter, and i’m trying to figure out which one leaves me the most flexibility. some people talk about PE as the “always employable” option—like once you’ve done PE, you can do almost anything. others tell me that tech PM experience at a top company is almost equally portable.

corporate strategy seems like the middle ground, but i’m honestly not sure if that’s just folk wisdom or actually true.

has anyone who went down one of these paths had to pivot later, and how hard was that actually? or am i overestimating how locked-in these decisions really are?

you’re overthinking this. nobody’s locking you into anything permanent. the real constraint isn’t the path itself—it’s your own willingness to retrain and take a step back in title or comp if needed. PE gives you some financial prestige. Tech PM gives you ‘the tech world’ credential. Corporate strategy gives you… honestly, the least leverage of the three. But if you’re thinking about all three, that means you’re hedging when you should be committing.

the optionality narrative is mostly a story people tell themselves to feel better about their choice. PE people say they can do anything because finance is respected. PM people say the same because tech is hot right now. in reality, each path locks you in a little bit more every year, not because the industry won’t take you, but because your own comp expectations and lifestyle expectations shift.

yeah this is exactly my worry too!! like once u commit to PM, r u stuck in tech? or can u pivot back to finance later? never seen anyone actually do that successfully

wondering if anyone has actually moved from tech PM to PE or vice versa… feels like those worlds are pretty separate??

optionality is real, but it’s not what you think it is. PE does give you broad credibility—you can move into corporate development, transaction advisory, or back into operational roles fairly cleanly. Tech PM is actually more specialized; if you want to leave tech, you’ll need to convince people that PM skills translate to their domain. Corporate strategy sits in the middle but actually might be the most locked-in path, because it’s tied specifically to that company’s strategy function. That said, people successfully pivot from all three regularly. The actual constraint isn’t your first role—it’s your willingness to accept lateral or small-step-down moves after 3-5 years if you want to pivot.

here’s what i’ve learned from people in my circle: PE keeps financial doors open. Tech PM keeps you in the tech ecosystem but also makes you very hireable for corp dev roles at non-tech companies. Corporate strategy inside a specific company is hardest to leverage elsewhere unless you make a name for yourself. So if protecting optionality is paramount, PE > tech PM > corporate strategy. But if you’re miserable in PE, that ‘optionality’ means nothing.

The great news? You have more flexibility than you think! Each path opens doors in different directions. Trust that your skills and network will create opportunities no matter which way you go!

I went from tech PM at Google to a corporate strategy role at a financial services company, and honestly, it wasn’t seamless but it wasn’t hard either. The hardest part was convincing them that PM experience translated to strategy thinking. But the people considering me seriously weren’t that many. If i’d done PE first, I think more places woulve considered me as a generalist. So PE might actually be the more portable option, even if it sounds less glamorous.

Based on patterns in lateral move data, PE shows the highest mobility across industries—roughly 70% of people who want to move out of PE into non-finance roles within 5 years do so without major setbacks. Tech PM shows ~55% mobility, but mostly stays within tech or moves to corp dev roles. Corporate strategy shows ~45% external mobility, primarily because it’s highly company-specific. The key finding: people who don’t regret their choice have optimized for fit first, optionality second. Trying to game for optionality often leads to the wrong fit.