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Without knowing too much about it I always thought the "Chat" feature provides a pretty strong lock-in. > When I started in 2002, we only had Bloomberg Messagi
by dewey 4y ago
Without knowing too much about it I always thought the "Chat" feature provides a pretty strong lock-in.
> When I started in 2002, we only had Bloomberg Messaging, which allowed users to simply static message each other within the Bloomberg ecosystem. I think it was maybe 2004 that Instant Bloomberg was introduced and began to write the book on product stickiness.
This old blog post talks about this a bit: https://medium.com/the-edge-ai/i-only-date-guys-with-bloomberg-terminals-9b53d9907114 https://medium.com/the-edge-ai/i-only-date-guys-with-bloombe...
- akrai 4y agoYes, messaging is a fair point. We plan to add interactive communities and messaging to Feather. We expect a large number of well-informed investors on our platform, so the conversation should be value-add for all. And again, goes without saying but we offer the same high quality of data as Bloomberg et al. for 5 percent of the price, and our mission really is to enable you to take your investment performance to the next level, at a price that doesn't break the bank :)
- asciimike 4y ago> The key point to understand about Bloomberg is that it’s both a software product and a social network. The software product determined who would join the network, but the network is what keeps users there. It’s like a multiplayer video game, or Harvard: Sure, the quests and campus are useful, but people keep showing up because of the friends they’ve made or the connections they intend to make. From https://marker.medium.com/why-its-hard-to-kill-the-bloomberg-terminal-61073482e496 https://marker.medium.com/why-its-hard-to-kill-the-bloomberg... which has a great overview of this point