He got to go on stage in the debates and attack Sanders and Warren. We don’t know if that boosted Biden, but it likely didn’t hurt him. With Biden now in a much stronger position than when Bloomberg entered the race, you could argue that Bloomberg provided what he and other more center-left figures wanted — to steer the race towards a more moderate nominee.

He hired people in numerous states for his presidential campaign, and his employees were reportedly told that they would have jobs through November. It’s not clear if Bloomberg will end up retaining these staffers for some kind of operation to boost Biden against Sanders and Warren in the primary, have his team start focusing now on the general election against Trump or simply wind down his apparatus. But I expect him to stay out of the primary and focus on Trump.