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Software firm Medallia is a problem for private credit. Blackstone, Thoma Bravo have exposure.
Software provider Medallia is one of the higher-profile problems in the private credit markets and two firms have the most exposure to it. They are Thoma Bravo, the investment firm that took Medallia ...
A top-performing asset manager is warning that few software firms will survive the rapid growth of artificial intelligence – which could potentially automate most of their services. Nick Evans, a ...
Michael Saylor doesn’t just believe in Bitcoin. He’s betting his entire company on it. On Saturday, the billionaire founder of MicroStrategy, once a sleepy business software firm, announced he had ...
Software sidesteps shortages: Datadog and CrowdStrike benefit from being insulated from the helium supply crisis affecting chipmakers, fueling strong earnings and growth outlooks. Automation tools ...
Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that "all the marks are wrong." Zito warned that ...
Gene Munster, managing partner at Deepwater Asset Management, believes companies facing AI disruption must aggressively respond or risk losing their market positions. The market has seen meaningful ...
Orlando Bravo, co-founder of Thoma Bravo, said some of the software companies being disrupted by AI are facing "very warranted" decreases in their valuations. Bravo said many of the names hit by AI ...
European private equity firm Perwyn is in the process of finalizing a deal to buy a minority stake in French software firm SoftNext, according to people with knowledge of the matter. SoftNext, which ...
A new survey from Georgian Partners shows that domestic companies lag behind their international peers in “foundational” AI adoption.
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
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