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Microsoft THE COMPANY The thought of forming a company which supplies its customers with software was a great idea--especially coming from a college dropout Bill Gates along with high-school friend Paul Allen formed a software company in 1975 From the beginning Microsoft had a tremendous potential to become a very successful corporation Beginning with a revenue of sixteen thousand dollars and three employees Microsoft developed into a huge money making machine In its twenty-five years of existence Microsoft has developed a very powerful and dominating corporation--but is not necessarily considered a monopoly William Henry Gates III was born in Seattle Washington on October 28 1955 Gates father was a lawyer and his mother was a teacher Cusumano and Selby 23 Much of Gates programming started while he was a thirteen year old from Lakeside School tripod 1 He learned BASIC Beginners All-purpose Symbolic Instruction programming with then sophomore Paul Allen By 1973 Gates was a student at Harvard University in Cambridge Massachusetts Allen had enrolled at the University of Washington where he studied computer science Gates left Harvard after just two years of education and planed on programming for many personal computers He and Allen later founded the Microsoft company --a name which Gates had picked -- in 1975 Cusumano and Selby 24 When Microsoft started out there were only three employees--Gates and Allen included The gross revenue totaled sixteen thousand dollars By 1978 Gates and Allen had employed eleven other people but the revenue had jumped to 13 million dollars The growth rate was quite steady until 1982-1983 This was when Microsoft had grown 104 By 1995 Microsofts revenue was 59 billion dollars and they employed 17800 people Cusumano and Selby 3 In December of 1996 Gates owned 282217980 shares in Microsoft which ultimately helped him become the richest man in the world geocities 2 Gates may have been the richest man in the
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