Carl Thoma and Orlando Bravo, co-founders and managing partners of Thoma Bravo, dive deep into their impactful partnership. They highlight the significance of company culture and effective communication in driving investment success. The duo shares insights on mastering leadership transitions in private equity, stressing the value of humility and strong relationships. They also explore the evolution of the software industry, from licensed models to SaaS, and express excitement for future innovations and challenges ahead.