[drdrey]

"A number of executives at Bloomberg realized technology was being developed in the startup world they were only seeing once it was mature enough to be ready for Bloomberg, but that was often too late to be able to fully understand it."

That's a peculiar way to think about new technology, to say the least. "Too late to fully understand it", really?

[yalogin]

They probably mean they could have used the tech early on to gain an advantage over their competitors. But if they waited till it matured then they are no different than anyone else.