The head of Bloomberg’s 0 million VC fund explains the formula for finding a top AI startup

Roy Bahat, head of Bloomberg Beta. LinkedIn When Bloomberg first built the terminal system, back in the early 1980s, most of its customers — mainly finance professionals — didn’t have computers on their desks. The internet was not yet a commonly-accepted technical protocol for networking and hardware of its kind hadn’t been seen before. So Bloomberg’s engineers had to go about inventing the tech themselves — from the set of instructions to carry data across a network, to custom-built hardware so traders could use a keyboard, and monitors you could stack. It created a great culture of invention at Bloomberg, which has more software engineers than journalists. But cultivating that culture came at a small cost. “A number of executives at Bloomberg realized technology was being developed in the startup…


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