Showing posts with label bill gates. Show all posts
Showing posts with label bill gates. Show all posts

Paul Allen Six Takeaways

Paul Allen six takeaways: Friends since childhood, the Microsoft founder Bill Gates and Paul Allen has long been regarded as an "icon" of partnership with American industry. Allen left the company in early 1980, but the founders thought the relationship was typically very friendly ... up. His next memoir idea man: Memoir is a co-founder of Microsoft, Allen provides what is called "revisionist history", "bitterness" and the "unvarnished truth" of the early Microsoft days. Allen's account of an extract from Wednesday, Vanity Fair, has shocked the world of technology. This six takeaways:

1. Gates has always been ambitious

Allen Gates recalls meeting at the end of 1960. It was a "grader lanky, freckled eighth in the old Teletype machine. It was clearly a "very intelligent", "very competitive" and "very, very persistent." Young Gates Read the Fortune magazine religiously and Allen, once asked: "What do you think seems to run a Fortune 500 company?" Already a budding entrepreneur at 13, Gates said, maybe they have their business together one day.

2. Allen has been cheated of their fair share

When it came time to come up with the Partnership, Allen considered 50-50. Gates during 1960-1940, saying it had taken several hours. Allen agreed, but later, Gates said he thought 64-36 was a fair one. Perhaps the difference is the son of a lawyer, like Bill, and son of a librarian, as Allen. "I was taught that it was very much," Allen writes, "and your word is your bond." Wah, wah, "said Frederick E. Allen Forbes. Today, both Allen and Gates are" one of the richest men who ever lived. "

3. Gates was a tough boss

"Some say that the leadership of Bill has been a key ingredient in the success of Microsoft," Allen wrote. "But it made no sense to me." Gates was able to resolve conflicts rationally and can be a very demanding boss. Once, Gates seemed very confused at the request of a programmer to take a day off after working 81 hours over four days. He insulted people put down as "this is the dumbest fucking thing I've ever heard" and "I could code in a weekend." It may have been simply that Gates has been more focused and dedicated to the company that Allen says Nick Wingfield and Robert A. Guth in the Wall Street Journal. "As Microsoft grew, it attracted more people like Mr. Gates, who was single-mindedly focused on building Microsoft" and "ready to work day and night, sleeping in the office, and fight among themselves strategy and technical decisions. "

4. Gates conspired against Allen when Allen had cancer

In September 1982, Allen was diagnosed with Hodgkin's lymphoma. He went through several weeks of radiotherapy and was left feeling very ill. Back in the office that December, he general Gates and Steve Ballmer, a Harvard friend of Gates, who was raised as a leader (and now CEO of Microsoft), complaints from Allen missing contributions, and plan cheat him of his fair share of the company. Current and former bigwigs Microsoft Issues Allen interpretation of the main events, "said Wingfield and Guth. M. Allen, for example, participate in meetings, people familiar with the meetings said that he had ever attended. "

5. Allen left because Gates

In 1983, Allen decided to leave Microsoft because, he says, after his illness, he realized "life is too short to spend, unfortunately." He painted his decision in large part due to dissatisfaction with Gates contradicts previous ideas, which was more related to health. Gates said it was unfair for him to keep his hand in the business and made a "lowball offers" to buy their shares. Allen denied, it maintained its population, and thus became one of the richest men in the world. "No need to feel sorry for Allen or barriers," said Frederick E. Allen Forbes.

6. Allen comes off as bitter

No wonder Gates has tried to put Allen, said Frederick E. Allen. "Any person who built great empires is clever, cunning, greedy, and sometimes stubbornly inflexible." The new surprise is that Allen has seen the public. It has long seemed that the two were at least cordial, and there is a real sequence of "bitterness" throughout the book, says Wingfield and Guth. Yes, but it is the story of "a number of successful technology start-ups," says Jennifer Valentino DeVries in the Wall Street Journal. "A tightly knit group of founders to develop an idea, but ultimately, a person who appears to be the head and drives the company forward. Even in the best case, may be bitter."
READ MORE - Paul Allen Six Takeaways

Carlos Slim, Has Retained its Crown

Rising global commodity prices and economic growth in Asia has resulted in a significant increase in the number of billionaires in Russia, China and Brazil in 2011.

China has nearly doubled the number of billionaires to 115, while Russia and Brazil saw jumps of two thirds to 101 and 30, respectively, Forbes said in its annual list of richest people in the world.

It was the first time in any country outside the United States, which has 413 billionaires have been more than 100 Moscow is now home to the majority of people in a list of 79 billionaires easily faster than New York, which has just 58

richest man in the world, Mexican tycoon Carlos Slim, has retained its crown for the second consecutive year and earned more money than any other 1209 billionaires last year: $ 20.5 billion, as his fortune to $ 74 billion.

Russian billionaire growth was attributed to a boom in commodities. Brazil also benefited from commodity prices, and stricter disclosure rules and a stronger currency. China and India, which has 55 billionaires after the addition of six years, a strong economy has helped to create wealth from a wide range of sectors.

"The important thing is the heritage of BRIC and Asia," Forbes CEO Steve Forbes said in a press conference on Wednesday. "It 'a boom in global commodities. ... But we should have known products can increase very quickly, it can get very strong."

Reuters Jefferies CRB Index products. CRB rose 17 percent last year and another 8 percent this year as copper and gold hit record highs, grains are near their highs of 2008 and later rose oil $ 100 a barrel.

Brazil, Russia, India and China produced half the world's 214 billionaires new, double last year's 97 newcomers.

Among the newcomers to the Forbes list are four billionaires whose fortunes are tied to social networking site Facebook - co-founders Dustin Moskovitz and Eduardo Saverin and investors Yuri Milner and Sean Parker. They join the Facebook founder Mark Zuckerberg, who had the No. 52 from No. 212 and now has an estimated value of $ 13.5 billion, and Facebook investor Peter Thiel, who was also on the list .

One of the main drivers of the list was casino mogul Sheldon Adelson, who posted the biggest increase in wealth behind Slim.

He is worth 23.3 billion dollars, an increase of $ 14 billion, and rose to No. 16 No 73 of last year, a businessman turning point, whose Las Vegas Sands Corp (LVS.N) was close to defaulting on its debt in 2008.

While many billionaires in India has not increased significantly, its "average net worth is enormous ... - $ 4.5 billion for an Indian billionaire from $ 2.5 million to a Chinese billionaire," Forbes said.

Russia is also trumping China's top 100 billionaires in 1915, when China is one, while India and Brazil, there are seven and three.

Rich and generous

Microsoft founder Bill Gates remained the second, his wealth will increase 56 billion U.S. dollars from 53 billion U.S. dollars last year, and new investor Warren Buffett has become the third U.S. $ 50 billion, an increase of $ 47 billion.

Buffett, Berkshire Hathaway Inc. has fared better than Microsoft, Bill Gates. Microsoft now the stock market, where ten years ago, while Berkshire shares have almost doubled.

Forbes said Gates had been the richest man in the world if it had not so far 28 billion U.S. dollars of his fortune to his foundation. He had just reached the top spot on the list twice between 1995 and 2010.

Wealth of billionaires has jumped 25 percent to 4.5 trillion dollars, and their average net worth rose to $ 3.7 billion from $ 3.5 billion. There were 47 people who fell on the list, 42 were returned and 10 people died. The number of women rose to 102 from 89 last year.

Even if stocks have been transferred, the top 20 has remained essentially unchanged. New this year was Adelson, a Russian steel baron Vladimir Lisi, David and Charles Koch, the brothers behind the energy and manufacturing empire. These are the headlines recently for their support for a controversial conservative because the United States.
READ MORE - Carlos Slim, Has Retained its Crown