The founder of one of the world's largest software investors has come out swinging amid a sell-off that has wiped trillions of dollars off the value of technology stocks. Orlando Bravo, founder and managing partner at Thoma Bravo, said the $183 billion firm has not changed its investment thesis as a result of the so-called SaaS-pocalypse, but can now make similar investments at a much steeper discount.

"This is the time to do it," he told an audience Wednesday at Semafor's World Economy conference in Washington, DC, that included senior funds columnist Jessica Hamlin. "Would you rather buy a great software company when it's trading at 15 times revenue?" READ MORE