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Bloomberg by Bloomberg

Michael Bloomberg and Matthew Winkler

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Summary

Michael Bloomberg tells how the end of his career at Salomon Brothers led him to start his own company. His autobiography recounts the firm’s beginnings and the financial information business he built. It offers his account of work, risk and the many small choices involved in developing a company.

  • SourceWiley licensed excerpt: Bloomberg by Bloomberg · The Last Supper / The Thrill of Getting Fired, printed pages 1–8; revised edition
  • SourceFounders #228: Michael Bloomberg · January 27, 2022; opening reading statement and notes 5:28, 6:27, 31:20, 41:37

Why read it Our view

Useful for studying how experience in a market can shape a new product. Bloomberg describes a business centered on data and analysis, then advances through small choices and adjusts the next step as results arrive.

Written about

  • Michael BloombergAuthor, with Matthew Winkler
    His account of Salomon Brothers, starting Bloomberg and building the information business. Reuses the existing autobiography record; its 1997 ISBN is not the ISBN of the updated 2019 excerpt.
    Source