TIL about 🔗 Adenza - Nasdaq just bought them at an 18 times expected 2023 revenue - for a total of $10.5 BILLION .. which gave Thoma Bravo a profit of close to 100% in less than two years. Not only that but Nasdaq doubled its debt load to do the deal. The 18 times revenue is interesting in that it is triple the usual revenue to acquisition ratio.
Nasdaq closed down 10%. As far I can see, the Nasdaq people who did the deal kept their jobs.
In case you are interested in how much money you can make from your Substack …
🔗 Revealed: top 27 highest-earning Substacks generate over $22m a year
… ‘can’ mind you.
🔗 Want to Get Stuff Done? Build Yourself a ‘Friction Tunnel’
We need more friction in our computing experiences, so that when we do make decisions, they’re more explicit and less mindless
🔗 Woman who took abortion pills after UK legal time limit jailed for 28 months.
I am so used to reading these kinds of headlines here in the U.S.A. that I had missed that this was in the U.K.
🔗 Berlusconi dead. … apparently it comes to us all.
“Sometimes we don’t have enough supplies to clean, so we just use what we have or just use water. Sometimes we don’t have a mop, so we use the blankets left on airplanes by passengers to clean the floors,” said Sanchez. “Sometimes in the bathroom there will be blood on the floor, toilet, walls, and there is feces and urine on top of the toilet. When I don’t have enough gloves, I’ve had to wrap a blanket around my hand to clean the bathroom.”
Blah blah .. Gargle gargle … Mooting more move … Wooft ….
Just in case you needed proof that I am not dying ….
🔗 Why Dying People Often Experience a Burst of Lucidity (Apple News).
🔗 A Substack … sharing because of a very clever graphic, that once seen, seems so obvious.
🔗 Nicola Sturgeon arrested in SNP finances inquiry … beginning to get a clue as to why she may have stepped down.
Meanwhile - another example as to how this should work.
Are you listening America?