Billionaire investor Orlando Bravo warns there’s ‘more pain to come’ for the tech sector

Private equity boss Orlando Bravo has a somber warning for the technology industry.

“I think there’s more pain to come,” Bravo, founder of buyout firm Thoma Bravo, told CNBC’s “Squawk Box Europe” Thursday.

For years, the tech sector has led the stock market, with the likes of Apple and Microsoft becoming some of the most valuable companies in the world.

But in 2022, tech stocks have faced a reckoning as central banks move to tame runaway…