Private equity firm Thoma Bravo is continuing its enterprise software shopping spree, acquiring publicly-traded cybersecurity company SailPoint for $6.9 billion in cash. SailPoint, which was founded in 2005 and went public in 2017, sells software that companies use to control the corporate data and applications their employees are permitted to access. That is increasingly important at a time...
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Linda Yaccarino May Have the Toughest CEO Job
Here’s a question: How long can someone stay as CEO of a company when the owner of that company is publicly repudiating what they’re saying? Take Linda Yaccarino, CEO of X, previously known as Twitter. On Wednesday, Elon Musk confirmed a report in The Information about layoffs at X’s election integrity team—Musk even went further than what we reported, saying the team was “gone.” Yet in an...
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