Thoma Bravo's founder, Orlando Bravo, has vowed never to invest in cryptocurrency again following the collapse of FTX, a crypto exchange in which his firm invested $130 million. Despite his belief in blockchain technology and its potential for many use cases, Bravo stated he is moving on from crypto after the FTX disaster, which saw the company implode in November 2022 due to fraud accusations involving $8 billion in customer funds. This decision comes as Bravo emphasizes learning from investment mistakes.