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Bloomberg is a multi-billion dollar tech company started and HQed in New York.
by ctr 8y ago
Bloomberg is a multi-billion dollar tech company started and HQed in New York.
- rsj_hn 8y agoI would call Bloomberg a financial news company. It's a great company. But I am sympathetic to the view of calling it a tech company because the Bloomberg terminal is an important piece of tech. Forgetting for a moment whether it is tech or not, is Bloomberg the biggest company founded in New York (in any area) over the last 30 years? My guess would be yes.
- ctr 8y agoWith over 75% of their revenue reported to be software revenue (https://talkingbiznews.com/1/report-bloombergs-revenue-hit-10-billion-in-2018/ https://talkingbiznews.com/1/report-bloombergs-revenue-hit-1...), I'd call them a tech company. The public perception is focused on the news aspect because that's the most accessible part of their business. I don't have any other examples at or above their size.
- rsj_hn 8y agoThis is a fair point. You've won me over on classifying bloomberg.