Episode Intro:
Ted Merz, former senior executive at Bloomberg, discusses the success of Bloomberg News and the key factors that set Bloomberg apart from its competitors. He highlights the importance of innovation, collaboration, and a customer-focused culture in driving the company's success. Merz also shares examples of how Bloomberg differentiated itself in the news industry, such as delivering news faster than competitors and pre-writing stories based on anticipated outcomes. The conversation also touches on the distinction between Bloomberg as a data company rather than a software company, emphasizing the value of organizing and delivering data reliably and comprehensively. The challenges of maintaining extreme quality in data delivery are also discussed.
