Bloomberg spends $60m on Facebook ads then quits Presidential race

Re:Bloomberg spends $60m on Facebook ads then quits Presiden... by sarcasmatwork on Wednesday March 04, 2020 @11:16AM (#22484983)

60m could have helped alot of people. Insane way to waste so much money imho.

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Re:Bloomberg spends $60m on Facebook ads then quits Presiden... by vzidex on Wednesday March 04, 2020 @12:13PM (#22485552)

$60M is only a small part of what he spent too - by the end of February his advertising spend was ~$400M [1], with who knows how much money spent on hiring staff, renting offices, etc.

Bloomberg is a great example of how hard our world's richest will fight tooth and nail to hold on to their wealth.

[1] https://www.washingtonexaminer.com/news/bloomberg-surpasses-...

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Re:Bloomberg spends $60m on Facebook ads then quits Presiden... by jimmyvalmer on Wednesday March 04, 2020 @01:52PM (#22486635)

This sentence betrays a basic misunderstanding of money's fungibility.

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