Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Businesses

Submission + - Paul Allen Accuses Bill Gates of Scheming

Hugh Pickens writes writes: "The LA Times reports that Microsoft Corp. co-founder Paul Allen writes in his new memoir that Bill Gates, his onetime business partner, was a "mercenary" opportunist who schemed to lessen Allen's stake in the software company. Allen says in his book "Idea Man: A Memoir by the Co-Founder of Microsoft" that he learned of the plot while listening in on a conversation between Gates and Steve Ballmer in 1982, after Allen had been diagnosed with Hodgkin's disease. Allen said it was clear Gates and Ballmer had been weighing the issue for a long time. "Unable to stand it any longer, I burst in on them and shouted, 'This is unbelievable! It shows your true character, once and for all,' " writes Allen. Days later Gates gave Allen a six-page, handwritten letter of apology. Gates later made an offer to buy Allen's stake in Microsoft at $5 a share, but Allen refused to sell. "As it turned out, Bill's conservatism worked to my advantage. If he'd been willing to offer something close to my asking price, I would have sold way too soon.""
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Paul Allen Accuses Bill Gates of Scheming

Comments Filter:

If you're not part of the solution, you're part of the precipitate.

Working...