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Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition

Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...
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Mar 26, 2026 / Tyler Durden
Diplomacy Has Not Stopped, Iran Says, While Vowing To Continue The Fight; Trump Mulls Plan To Deliver 'Final Blow'
Diplomacy Has Not Stopped, Iran Says, While Vowing To Continue The Fight; Trump Mulls Plan To Deliver 'Final Blow' Summary Iran rejects US plan but says diplomacy continues (indirectly, apparently) - White House, Pentagon reviewing options for 'final blow' as Trump tells Iranians 'get serious' about talks. Trump said to want 'speedy end to war' (WSJ) while at the same time warning Tehran of 'no turning back' if it doesn't negotiate. Israel says it has killed Alireza Tangsiri, commander of Iran’s Islamic Revolutionary Guard Corps navy. Iran "laying Traps" & "building up defenses" on...
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Jun 2, 2026 / Tyler Durden
Permadrought: 75% Of Global Population Lives In A Country Affected By 'The Great Drying'
Permadrought: 75% Of Global Population Lives In A Country Affected By 'The Great Drying' Authored by Michael Snyder via The Economic Collapse blog, Our planet is drying out at a pace that is unlike anything we have ever seen before. Once massive lakes are rapidly shrinking, once mighty rivers are steadily dwindling, and colossal underground aquifers are being pumped dry all over the world. This is an absolutely enormous problem, because very soon we simply will not have enough fresh water to support 8 billion people. In fact, drought conditions are...
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May 8, 2026 / Tyler Durden
Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job On the surface today's jobs report was very strong: headline payrolls came in nearly double the expected (115K vs 65K), with unemployment flat just so Trump's chief economist Kevin Hassett could push bullish taking points in today's TV circuit such as this one. *HASSETT: 'RIP-ROARING' JOBS MARKET Unfortunately, below the surface this was the ugliest jobs report in years, and one could say even more cooked than last month's laughable surge in jobs (which...
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