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Tera is a holding company that partners with management to help grow their business over decades. They aspire to build a Berkshire Hathaway of software. It is their belief that the world under appreciates how sticky certain types of software revenue can be. If acquired reasonably, run efficiently, and reinvested properly – the cash flows from recurring software can compound over a very long horizon. They left their comfortable jobs to create an institution that could last forever.
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