Bloomberg Terminal vs. PitchBook

Depending on which area of the finance sector you may work in, the Bloomberg Terminal will have plenty of helpful functionality for you. Two specific scenarios for myself in the Structured Finance area are tracking the pricing benchmark and following outstanding deals in the market. You can follow progress of the deals, how well they are advancing, and final pricing details

Incentivized

If you are a company or an individual that needs reliable information about SMEs or startups, this is the best platform for you to get this information in a very efficient way. If you are just doing a basic due diligence to see active VC funds, figuring out valuations or companies in one industry, or just getting general information about an industry, it is probably better to get it from somewhere else on the internet. The reasoning behind it is that PitchBook is very expensive as opposed to other options out there.

Incentivized

• Communicating with investors, banks, partners, etc
• Tracking key market metrics
• Monitoring existing and previous structured finance deals

Incentivized

• Tools for data analysis, idea generation, and workflow management.
• Easy access to trusted news, data, analytics and insights.
• Industry sector specific metrics and analytics to inform decision-making.

Incentivized

• Visual user interface
• A lot of functionality, need tutorials and lessons to narrow down
• Expensive!
• Some information may be delayed

Incentivized

• Can be glitchy when loading
• Contact information can be inaccurate
• Typically a day or two late to real time news and deals

Incentivized

The overall support for PitchBook is about average. It is not excellent for two primary reasons. First, PitchBook can run slow from time to time, and I cannot copy and paste from the Chrome extension. I have found neither of those issues to be a function of the computer I am using. However, the PitchBook support team has proved helpful on several occasions.

Incentivized

While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer questions for you and teach you functionality to apply to your role

Incentivized

We actually use both. CBInsights we use more regularly for market capture, and PitchBook when we are actively seeking acquisitions.

Incentivized

• Appropriate pricing of deals due to market comparisons
• Instant communication with key stakeholders
• Top and quick newsbreaks

Incentivized

• Saved us from investing with an incorrect valuation (multiple times)
• You need to pay per license per user. It is definitely expensive for a small accelerator.

Incentivized