Surveys show that most users in the investment, financial world, use a very small part of the $20+k services. It remains private, the anti-thesis of open source, and with no sign of `pay as you go` pricing. Every accelerator and VC will advise against spending resources to put together the next generation of Bloomberg. We all know that Bloomberg could be replicated with one-tenth of the cost (figure referenced by Marc Rubinstein) but it has not happened. Excel is a tool for both retail and businesses. Bloomberg and Excel have yet to be disrupted.īloomberg is strictly a wholesale finance tool, business. I have become a thought leader and influencer in Fintech. The Salomon Brothers culture and entity has been completely absorbed and has disappeared. Bloomberg terminals and Excel spreadsheets were then the basics. Soon it will be thirty years since I started working on Wall Street - 7 WTC, 37th floor, Salomon Brothers, Fixed income derivatives department.
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