Firm Overview - Thoma Bravo 管理着 1790 亿美元的资产 [1] - Thoma Bravo 增长迅速 [1] - Thoma Bravo 被评为全球表现最佳的私募股权公司 [1] Financial Performance - 去年，Thoma Bravo 向投资者返还了超过 130 亿美元 [1] Investment Philosophy - Thoma Bravo 的业务是将伟大的创新者转变为伟大的企业 [2] Industry Position - 私募股权公司，尤其是优秀的私募股权公司，业绩肯定优于公开市场 [1] Key Personnel - Orlando Bravo 是 Thoma Bravo 的联合创始人 [1] - 2019 年，Orlando Bravo 成为第一个在波多黎各出生的亿万富翁 [2]

Cleo, you're one of the fastest growing channels on YouTube right now. Former box journalist that left to go independent on YouTube. >> She went from 0 to 5 million subscribers in just 3 years.>> I don't know many other YouTube creators who are going to go to those lights. There's a lot of very lucrative fear-mongering going on. That's why I want to bring a more optimistic point of view into the conversation to help people imagine what could go right.That's why I went independent. ...

Nuclear Energy Development - Next generation Gen 4 reactors are critical, with three reactors expected to be operational at Idaho National Lab next summer [1] - The company is supplying Halo fuel for these next generation reactors [1] - The company has committed to providing fuel to five next-generation reactor companies and plans to expand to a dozen [2] Government Support and Industry Growth - Tax credits for nuclear energy were included in a major bill to support the industry, which had been suppressed for three decades [2] - The industry may require assistance to initiate growth, even from a free market perspective [2] Future Outlook - The nuclear energy industry anticipates a transition to a free market within approximately 10 years [3] - This transition is dependent on the learning curve associated with small modular reactors, supply chain development, and volume production to reduce costs [3]

AI Model Landscape - Deepseek 的出现对美国来说是一个巨大的胜利，如果它只能在华为上运行，情况将大不相同 [1] - 美国技术堆栈成为世界标准对于赢得人工智能竞赛至关重要 [2] - Deepseek 等顶级开源模型已被下载数百万次 [2] Developer Ecosystem - 开发者的支持对于任何计算平台的成功至关重要 [2] - 世界上一半的开发者都在 [2]

Somebody who was inside your organization told me with the options that uh you have a secret pool of options and that you will randomly just if somebody does a great job drop a bunch of RSUs on top of them and that you have this little bag of options you carry around and that you leave them out. >> That's nuts. >> Is that true.>> Yeah, I'm carrying in my pocket right now. So listen, so this is what happens. I review everybody's compensation up to this day.>> Yeah. >> At the end of every cycle, I go through ...

We're full speed ahead. June was the first positive June for the Treasury since 2015. We actually had a surplus and we did that in a good way.We took in more revenues, some from tariffs, and we brought down spending. When I think about what we can do here, what I'm really excited about is the idea, you know, with AI that we can go back to the paradigm when I was younger in the '9s. Allan Greenspan was able to run the economy very hot because it was the IT boom and we had this very powerful non-inflationary ...

Trade Negotiations & Tariffs - The tariff issue is expected to be settled by August 1st, with tariffs going into effect on that day [1] - While negotiations can continue after August 1st, payments based on existing tariffs will be due [1] - The US is seeking market access for American ranchers, farmers, and fishermen [2] - Tariffs, such as 26%, 27%, 31%, and 19%, will be imposed if markets are not opened to American products [2] Market Access & Pricing - Increased activity as parties present their "best offer," but the "price" for market access has significantly increased [2] - The "price" involves opening markets to American goods [2]

You see some Silicon Valley technology firms, especially the big firms, say that they are desperate for workers, that they can't find for work workers, that they have to use, you know, overseas visa programs to find workers. And yet, at the same time, the college educated employment rate for STEM graduates in this country seems to be declining. Yeah.Well, wait a second. If you're not hiring American workers coming out of colleges for these jobs, then how can you say that you have a massive shortage in these ...

Industry Regulation & Development - US has made it difficult to build things due to overregulation [1] - Environmental regulations have contributed to de-industrialization [2] Semiconductor Industry & Manufacturing - TSMC is building a large FAB system in Arizona, potentially producing up to 7% of US chip needs [2] - Chip plant construction is rapid, requiring constant adjustments, but faces regulatory hurdles from local building inspectors [2]

We see this capital being applied to human capital in a way that we never thought was possible. It used to be NBA players signing $300 million contracts. Now it's model researchers.And then there was a post this weekend that said that there was a person that was offered a billion dollars over four years by Meta. Now, if that's happening at this layer, why hasn't it happened at your layer. Because you are the enabler of all of that.And how do you think all of this human capital is going to actually play out. ...