Thoma Bravo founder vows to ‘never touch' crypto again after disastrous bet on FTX

News Nouvelles

Thoma Bravo founder vows to ‘never touch' crypto again after disastrous bet on FTX
France Dernières Nouvelles,France Actualités
  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Orlando Bravo, the founder of buyout firm Thoma Bravo, said he’s learned plenty from his failed investment on crypto exchange FTX.

Orlando Bravo, the founder of buyout firm Thoma Bravo, said he's learned plenty from his failed investment on crypto exchange FTX.

Thoma Bravo has emerged as a giant in the tech industry due to numerous multibillion-dollar software buyouts in recent years.A little over three years ago, private equity investor Orlando Bravo called FTX the"most cutting-edge, sophisticated cryptocurrency exchange in the world," as his buyout firm helped lead aBravo now tells CNBC that he and his firm, Thoma Bravo, are permanently out of crypto after that disaster.

"We are thrilled to partner with FTX on their next phase of growth as they create a new ecosystem for crypto," Bravo said in the July 2021 press release. His firm's investment in the round

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

nbcchicago /  🏆 545. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Thoma Bravo explores $2 billion sale of ESG software maker Cority, sources sayThoma Bravo explores $2 billion sale of ESG software maker Cority, sources sayThoma Bravo explores $2 billion sale of ESG software maker Cority, sources say
Lire la suite »

Bravo Star Jax Taylor Shares Bipolar Disorder, PTSD DiagnosesBravo Star Jax Taylor Shares Bipolar Disorder, PTSD DiagnosesMC Suhocki is a New York City-based senior editor for TODAY Digital who joined the team in 2014 and specializes in 'Law & Order' coverage.
Lire la suite »

Teresa Giudice Doesn‘t Need Bravo, It's the Other Way AroundTeresa Giudice Doesn‘t Need Bravo, It's the Other Way AroundTeresa Giudice in The Real Housewives of New Jersey
Lire la suite »

Chile goalkeeper Claudio Bravo retires from soccer at age 41Chile goalkeeper Claudio Bravo retires from soccer at age 41Former Chile goalkeeper Claudio Bravo, who was part of his country’s golden generation that won two Copa America titles, retired from soccer at age 41. Bravo had also played for Manchester City, Barcelona and Real Sociedad.
Lire la suite »

Se retiró el arquero Claudio Bravo, pilar de la Generación Dorada de ChileSe retiró el arquero Claudio Bravo, pilar de la Generación Dorada de ChileEl arquero Claudio Bravo, quien se erigió como una figura mítica del fútbol chileno al conquistar la Copa América en años consecutivos, anunció su retiro del fútbol profesional a través de un emotivo mensaje en sus redes sociales.
Lire la suite »

Guadalupe Cultural Arts Center celebrates 30th Anniversary of ‘Rio Bravo’ in SeptemberGuadalupe Cultural Arts Center celebrates 30th Anniversary of ‘Rio Bravo’ in SeptemberVibrant music and dance traditions of the Texas-Mexico border region will come to life when “Rio Bravo” returns for its 30th anniversary performance at the Guadalupe Cultural Arts Center in September.
Lire la suite »



Render Time: 2025-02-25 08:06:05