Mon, Jan 1, 0001 Operating Manual Contents Our investor, Bloomberg L.P. What we believe about the future of work What we look for in a startup The deal terms Our “products,” or, models for how we work with founders How we support our companies Finding us Our investor, Bloomberg L.P. Bloomberg L.P. is our sole investor. We appreciate many things about our investor: Bloomberg is a different kind of company. Bloomberg is a pioneer – it created one of the original SaaS businesses, the first professional social network, and invented many practices that are now widely adopted by startups.

Mon, Jan 1, 0001 Founders + Companies Founders are our customers. In order of our announced participation: Founders Company Jonah Varon, Axel Hansen Newsle 1 Charlie Robbins Nodejitsu 2 Jon Lee ProsperWorks Paul Dix, Todd Persen InfluxData Zach Sims, Ryan Bubinski Codecademy Satya Patel, Hunter Walk Homebrew Stephen Purpura Context Relevant Ron Palmeri, Tomaž Štolfa Layer Naval Ravikant, Babak Nivi AngelList 3 Anil Dash, Gina Trapani ThinkUp Sandi MacPherson Quibb Jason Hirschhorn REDEF Ryan Petersen Flexport Fouad ElNaggar, Peter Yared Sapho Daniela Perdomo goTenna Anne Wootton, Bailey Smith Pop Up Archive 10 Satyen Sangani Alation Amit Gupta SenderGen K.

Mon, Jan 1, 0001 Criteria for investing What are our criteria for selecting an investment? Investments we want to make go beyond a checklist of “box ticking” on our non-negotiable requirements (e.g., that we trust the founders). We also look for important indicators that can bias us for or against investing, too. For us to want to invest, the most important single quality: a startup needs the potential to be more than merely great, it needs a shot at the extraordinary.

Mon, Jan 1, 0001 Bloomberg Beta Bloomberg is a venture capital fund backed by Bloomberg L.P., investing out of a $75M fund focused on the future of work. We believe that work – especially knowledge work – will be the soil in which many of the most exciting new technologies, especially many kinds of machine intelligence, will find their most interesting applications. Where we work San Francisco — 140 New Montgomery St., 22nd Floor — Map

Mon, Jan 1, 0001 START HERE Why we exist We believe we are seeing profound changes in the way business works. Our investor, Bloomberg L.P., wants to support and understand these changes. Backing and building startups is a wonderful way to do that, so we created Bloomberg Beta. Below is a snapshot of basic information on us, and a link to our previously-internal operating manual—with many details on how we work. Bloomberg Beta is a venture firm backed by Bloomberg L.