12389
It was not until 1996 that Grauer was asked to become a member of the  Bloomberg L.P.  board of directors where he was later named Chairman of the Board in March 2001 succeeding  Michael Bloomberg  .
 founded by: Bloomberg L.P., Michael Bloomberg
Given a phrase that describes the relationship between two words, extract the words and the lexical relationship between them. The output format should be "relation1: word1, word2; relation2: word3, word4". 
Option: cities of residence, top members employees, members, alternate names, origin, state or provinces of residence, title of person, spouse, city of headquarters, NA, founded by, state or province of headquarters, employee of, countries of residence, country of birth, founded, subsidiaries, country of headquarters 
Text: {0} 
Answer:
 founded by: Bloomberg L.P., Michael Bloomberg