Software Buyout King Orlando Bravo Attempts an AI-Era Reboot

The billionaire behind Thoma Bravo is seeking to reassure investors that the private equity firm is ready to embrace AI — and that its losing bet on Medallia is a one-off.

By Preeti Singh, Allison McNeely, Davide Scigliuzzo · Bloomberg

The billionaire behind Thoma Bravo is seeking to reassure investors that the private equity firm is ready to embrace AI — and that its losing bet on Medallia is a one-off.