Same disruption. Four very different panic responses.
Read more
In February Workday's answer was its founder. In August it might be Silver Lake.
Reuters says Silver Lake has spent months in talks over a take-private at more than $50 billion. Six months ago, Workday's answer to the same problem was paying its founder $138.8 million to fix it in public.
Brookfield's $12.5 billion of carry has spent years almost arriving.
Brookfield's release is headlined 15% earnings growth. Consolidated net income fell 33%. Between the two sits $12.5 billion of unrealised carry, of which the firm converted $121 million after selling $40 billion of assets.
What Is a Digital Maturity Assessment?
A structured diagnostic that scores how a company uses digital channels, data and technology to generate revenue, and turns the score into a ranked, costed investment list. What it covers, what the output should be, and why most of them change nothing.
The Ice Cube Test
Sponsored by Crawford McMillan Every investment committee evaluating software right now is pricing a risk none of them has ever measured. Q2 made that expensive. Software deal value fell 65.7% year over year, per PitchBook's Q2 US PE Breakdown, not because buyers think every legacy software business