3min chapter

Founders cover image

#290 Bill Gates

Founders

CHAPTER

Microsoft's Gonna Provide the Software for IBM's PC

The personal computer had been created out of an entrepreneurial spirit that did not exist at IBM. The longer Gates thought about this proposal, the more he became convinced it was bad business. Microsoft would be making a huge financial investment in this project and a lump sum payment from IBM would not give the young company much of a return over time.

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