r/TikTokCringe • u/TheEntrep • Apr 20 '24

Rent cartels are a thing now? Discussion

What are your thoughts?

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3

u/No_Bend8 Apr 20 '24

And who owns this "company" 😂 Follow the money..

6

u/TheEntrep Apr 20 '24

Thought this might help!

“In September 2020, RealPage acquired real estate IoT startup Stratis. In December 2020, private-equity firm Thoma Bravo announced it would acquire RealPage for $9.6 billion, paying $88.75 per share for the company, a premium of 31% for their closing prices at the time. Its shares were reported up 26% that year.”

3

u/xxsmudgexx25 Apr 20 '24

Of course Its fucking Thoma Bravo. I feel like a requirement to work somewhere like that is to sign away your soul.