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Comment by methodical

2 hours ago

Bloomberg's moat is the messaging service within it, not it's aggregation of data

People repeat this rhetoric all the time, but I promise you, finance professionals can and do easily migrate to other messaging platforms such as ICE chat. This isn't a moat for BBG

  • Evidence for this being that BlackBerry Messenger and even AOL Instant Messenger had various amounts of traction during the lifetime of Instant Bloomberg.