Watching #ATPChallenger in Palmas del Mar. Inspired by these players — a life of dedication, discipline & constant training. They travel year-round from one tourney to the next, & now they’re here in PR — battling hrs in extreme heat. For them, “work/life balance” does not exist.

Proud of the @Adenza_group leadership and team and excited to partner with @Nasdaq

Great sitting down with @BloombergTV’s @daniburgz at @SuperReturn in Berlin to discuss enterprise software, market conditions, and implementing AI, as well as why it’s a great time for private equity.

Over the yrs, I've seen how in software bad mgmt practices get copied by others & spread like a virus across the valley. For every cohort of cos we buy — we need to fix the same problems. The cos that stay focused & stick to solid fundamental mgmt practices will come out ahead.

Public investors don’t place enough value on great management and don't discount bad management enough.

A recent NYT article talked about how bad it is to be a CEO today — an all-consuming job of having to please so many constituencies. The article may be right for mercenary and self-interested CEOs. But for missionary CEOs, nothing could be further from the truth. For these…

Mom, thank you for encouraging me, showing me the way & supporting me through all stages of life. You’ve always been there for me — the best is when you would follow me into matches. Happy Mother’s Day to you and all the amazing mothers inspiring their children to dream big.

So proud of the @BravoFamilyFdn’s EYES Program grads! These Puerto Rican entrepreneurs are only in high school — yet their talent and drive is far beyond their years. They attend our entrepreneurship program every weekend to learn the Thoma Bravo playbook and move their business…

Going public used to not be very attractive to PE as 1. You lose control of your Balance Sheet to do M&A and 2. mgmt starts playing a different game (the beat & raise game and stock comp incentives). But now, with 13% cost of debt and public shareholders wanting cos run for…

When the macro gets challenging, it’s so easy to see the difference between good management and mediocre management. Great leaders take care of their P&L no matter what.

The PE comp model for portco execs is designed to reward superior performance at a much higher rate than the public co comp model. The public co comp model is excellent at rewarding mediocre performance. The best leaders get this and self-select to PE cos.

Over the past yr, entrepreneurs have gotten every signal that they must build real profitable cos vs buying growth (rev multiples crashed, less capital avail, cash positions in question). They all hear this — but only the great cos are willing to make radical operational changes.

Running a co at high margins forces mgmt to continuously look for ways to simplify the business. More simplicity = higher growth and more predictability.

Very proud of the amazing work the @BravoFamilyFdn team is doing. Our Exceptional Community Leaders Program aims to create self-sustaining communities in rural #PuertoRico. It was so meaningful to spend the weekend with families in those historically disadvantaged communities.

Looking forward to discussing my outlook on software with @jonfortt on @cnbcovertime.

Over the years, many investors and operators have been confused about growth vs profits. It is not either/or. The truly great entrepreneurs and leaders drive growth and, at the same time, are relentless about eliminating waste.

There's a big disconnect between what investors want — and what cos think they want.

Thanks so much @HarryStebbings for making our conversation a real one and talking about things that really matter.

In challenging times, many investors tend to create negative stories — anxiety is heightened and inv judgment is clouded. In these times, I find it even more important to go back and rely on the operating and financial data. See if the numbers answer your questions or concerns.

Refreshing to see big tech cos focused on operational efficiency. Over time, they will prove that the more efficient (and profitable) a co is — the faster it will grow. Startups and developing cos should really take note and follow.

In the process of revaluing unprofitable software cos, investors may have lost sight of the fact that digital transformation is only in its infancy. Cos that focus on execution and become highly profitable can then spend time reminding investors of the big opportunity.

Fundamental investors don’t buy stories — they buy numbers.