Assertion Partly supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Bravo: Thoma Bravo operates with roughly 230 employees

Orlando Bravo · Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm · Oct 15, 2025 · at 7:39

Orlando Bravo, co-founder of Thoma Bravo, explains how the firm manages around $200 billion in capital while maintaining an intentionally small team.

0:00 / 0:05exact quote · 5.5s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“So we have about 230 people at Toma Bravo within the organization.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Orlando Bravo

Opinion
Bravo: Puerto Rico would be better off becoming a U.S. state
“I'm gonna say something I've never said before, and I do believe it'll be better for Puerto Rico to be a state if the U.S. Would allow that.”
Orlando Bravo Oct 15, 2025 ▶ 28:31 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Insight
Bravo: Modern PE software returns derive from terminal growth, not yield
“About two thirds or more is terminal value appreciation, and you make very little. On your yield.”
Orlando Bravo Oct 15, 2025 ▶ 11:33 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Prediction Not checkable as stated
Bravo: AI poses a major disruption risk to many software verticals
“There is a big risk of AI in this business. I mean, in a big, big way. There's so many verticals that are going to get disrupted.”
Orlando Bravo Oct 15, 2025 ▶ 13:43 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Insight
Bravo: Any company can cut 10% of costs, but 20% is difficult
“No matter how profitable you are, you can always cut 10%. No matter how unprofitable you are, it's difficult to cut more than 20%.”
Orlando Bravo Oct 15, 2025 ▶ 22:05 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Insight
Bravo: Low customer support gross margins reveal a flawed software product
“Like, for example, a company cannot say that it has really, really good product if its gross margins on support are very low.”
Orlando Bravo Oct 15, 2025 ▶ 25:35 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Opinion
Bravo: Thoma Bravo makes more money backing internal successors than going public
“And we actually feel we'll make more money by investing behind the next generation when that time comes than by going public and having a great day and a great multiple.”
Orlando Bravo Oct 15, 2025 ▶ 27:26 Inside Orlando Bravo’s Private Equity Playbook: How to Build a Top Firm
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 460 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.