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
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