Bloomberg LP Expects $7 Billion In Revenue
According to Keith Kelly of The New York Post, Michael Bloomberg’s giant company, Bloomberg LP, is expecting to rake in revenue of almost $7 billion by the end of the year. This is a jump of 12.6 percent from last year, and in a company-wide memo, Bloomberg LP President Dan Doctoroff says he sees revenue ballooning to $10 billion a year by 2014.
Also in the memo, employees of Bloomberg LP are told that if the 2014 mark is reached, they’ll reap some of the rewards:
If Bloomberg attains this goal between July 2013 and June 2014, employees will receive more than 70 percent of the salary they earn between Jan.
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