The company of the billionaire Orlando Bravo plans to invest in blockchain technology companies

Veröffentlicht:

Von:

Orlando Bravo-co-founder of Thoma Bravo-confirmed that his company is planning to invest in the broader blockchain industry.

The investment plans from Thoma Bravo

The billion-dollar businessman reveals his plans to invest globally at the Bloomberg Investe Virtual Conference on Thursday. The interviewer asked him if Thoma Bravo will be an investor in the cryptocurrency area.

Bravo began to repeat that his company was a "lead" a "lead" Investor in the growth capital round of FTX. " He then explained that Thoma Bravo would be an important part of the cryptocurrency industry in the long term:

"We will be big players on the Buyout page when this industry matures-especially in the field of blockchain technology."

In the Bravo view, Blockchain offers "better application cases" than existing technologies to solve real problems compared to database products.

From the perspective of his company, blockchain simply means that the software market has become "much larger". Thoma Bravo is a private equity company with a special focus on software and technology companies.

Bravo said that his company does not want to make any massive purchases in this area. Instead, you will now simply use a growth equity model. He also says that growth capital "becomes very feasible in the late phase in terms of blockchain.

While the industry matures over the next 2-5 years, Bravo plans to be "one of the first software buuout companies in the world" 22 years ago.

Bravo Bullish at BTC

While Bravo is generally enthusiastic about blockchain technology, he is personally invested especially in Bitcoin.

Bravo praised Bitcoin last week and called it a "decentralized", "smooth" and "limitless" network that young people love. He also sees it excellent inflation protection.

Although he did not offer a specific price forecast, he said that he was "very optimistic" at Bitcoin last week. He provides many other large institutions that assign funds in Bitcoin and believes that this will lead to a price rally.

Lately, his instincts have been pretty precisely. Yesterday Bitcoin recovered by almost 56,000 US dollars, Request its market capitalization of 1 ton.

.