Early in 2019, polling showed that Bloomberg was among the least popular potential candidates. With his enormous wealth that dwarfs other Democratic candidates the former mayor has also said that he would not be taking any campaign contributions.
People keep making a big deal of his money, but that isnt going to help him at all.
He has no ID outside of NYC, and running for mayor there is a different animal than running in a primary, especially one he is coming late into.
Unless he is going to use that money to just s*it all over the other canidates, he is just tossing money away.
Unless this is just a way to launder money into local DNC coffers.