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by stubborn_d0nkey
2833 days ago
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> More than 320,000 people around the world — mainly traders, analysts, and brokers — pay about $24,000 a year each to use the Bloomberg Terminal to access real-time market data, communicate with other users, get the latest news, pull company data, and more. > Assuming minimal discounting, that would make the terminal a more than $7B business alone. The numbers do not fit 320,000 * 24,000 is over 700B. |
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Here's a mental math flow for this estimate:
Another flow: So we have a number between 6 and 8 billion, 7 sounds about right.