Orlando Bravo, founder of Thoma Bravo, explains to Ted Seides why participating in SPACs complements rather than distracts from the firm's core private equity strategy.
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“By being in this market, we're not adding any work because we're already in these verticals. We're already talking to these companies. We're already interfacing with them. This is what we do. This adds value to our core business, and it makes us more informed and better at public markets, and we have so many candidates that will be public companies. That's going to be a way for us In the future of exits.”
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