Private equity firm Thoma Bravo has agreed to buy enterprise software company Coupa Software for $8 billion, the company said in an announcement on Monday. The deal comes days after Thoma Bravo finished raising a $32.4 billion buyout fund. The private equity company will pay $81 per share in the all cash deal. That price point is approximately 77% higher than the $45.72 share price Coupa...
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Problems Inside Facebook Gaming’s Black Creator Program; Meta Expects Revenue to Drop
On Monday, I reported that Meta Platforms has reduced the contracts it paid out to creators on its game-streaming service Facebook Gaming. As part of my reporting, I confirmed that Meta let its Black Gaming Creators Program, a $10 million fund, sunset at the end of last year. That brings up an important question of how successful this fund and others like it have been in supporting Black...
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