11 ms·
What I loved about Paul Allen
- ProAm 8y agoThe only thing I ever think of when Gates speaks about Allen is how they tried to reduce his equity when he got sick. It's something that has stuck with me for 20+ years.
- captain_perl 8y agoMe too. My understanding is the minute Allen overheard that, he walked out of the Microsoft office and never went back. Hence why whenever you heard about him, it was from his yacht. I bet Gates and Ballmer have remembered that every day for 40 years.
- adventured 8y agoThat's false. Paul Allen remained on Microsoft's board of directors for two decades, continued to be involved with Microsoft for four decades, as well as being a major shareholder for its entire existence.
- azhenley 8y agoIs there a detailed account of this somewhere? I'd like to read more about it.
- ProAm 8y agoThere are stories, articles and biographies about it all from over the years but here is one mention of it: "In December 1982, when Allen was sick with cancer, he overheard Gates and Ballmer discussing his lack of contributions and how to dilute his equity by offering stock options to other employees and shareholders. Allen confronted them and quit a little bit later. " [1] [1] https://www.businessinsider.com/what-paul-allen-really-thinks-of-bill-gates-2011-3 https://www.businessinsider.com/what-paul-allen-really-think...
- randyrand 8y agoWhat I found: https://www.forbes.com/sites/frederickallen/2011/03/30/bill-gates-tried-to-screw-paul-allen-whats-the-surprise/#1906767928d1 https://www.forbes.com/sites/frederickallen/2011/03/30/bill-...
- jkuria 8y agoThere is a detailed account in Allen's book "Idea Man": https://www.amazon.com/Idea-Man-Memoir-Cofounder-Microsoft/dp/1591845378 https://www.amazon.com/Idea-Man-Memoir-Cofounder-Microsoft/d...
- wwarner 8y agoTrue, but not fair, to Gates OR to Allen. "After a few years all that passes. Bill and I have always been friends, even through the ups and downs" https://www.theguardian.com/technology/2011/may/02/paul-allen-microsoft-bill-gates-ideas https://www.theguardian.com/technology/2011/may/02/paul-alle...
- deleted 8y ago[deleted]
- ProAm 8y agoI didn't say if it was fair or unfair, it's always the first thing that comes to my mind when I think of Bill Gates and Paul Allen. Similiar to Steve Wozniak and Steve Jobs and the Breakout game incident.
- Nomentatus 8y ago"No remark without remarkableness" - which makes me curious: what do you think the remarkableness was, if not fairness or unfairness?
- deleted 8y ago[deleted]
- 2_listerine_pls 8y agoJust because the friendship remained, it doesn't make that particular event any better.
- adventured 8y agoHad they gone through with it, it certainly would have been despicable. As it was, it was nothing more than a conversation that was hurtful to Allen. You can't indict someone for an action they didn't take, as though they did take it. It's entirely impossible to know if Gates would have gone through with that action. Allen retained his full Microsoft stake and yielded tens of billions of dollars from the Microsoft that Gates, Ballmer and others proceeded to build up in the coming 15-20 years. I suspect there are few here that haven't had insulting conversations about other people. Said negative, rude, belittling things that they later regretted. Hurled a very mean statement in the middle of a fight. Discussed leaving a spouse behind their back. So on and so forth. It's not necessary to excuse the behavior of Gates, it was a crass mistake by a 27 year old. Allen retained his ownership, forgave Gates, and that's that.
- iooi 8y agoIn case anyone wants to read more, it was my first time hearing about this too, I found a good resource here: https://www.forbes.com/sites/frederickallen/2011/03/30/bill-gates-tried-to-screw-paul-allen-whats-the-surprise/#69b5b2bc28d1 https://www.forbes.com/sites/frederickallen/2011/03/30/bill-...
- mobileexpert 8y agoI don’t know the exact specifics, but the notion of co-founder vesting schedules exist today. This provides a simpler pre-agreed upon way to handle that kind of situation. If I recall correctly Micro-Soft wasn’t even a properly incorporated entity for the DOS deal making things like a founder needing to stop having an execution role for health reasons hard to deal with.
- harryh 8y agoIt's not clear that typical co-founder vesting schedules are really capable of handling this sort of event: a co-founder develops a major disease that limits their ability to work but does not halt it completely. In most instances like this the co-founder is likely to continue vesting as normal. Whether all parties are happy with this arrangement or not is likely to vary significantly from case to case.
- blazespin 8y agoYeah, some kind of disability vesting would make sense.
- projectramo 8y agoThat's an interesting way of looking at it. I wonder if you're right in looking at it that way. i.e. if one co-founder cannot work as much as the other, should there be a change in compensation?
- saalweachter 8y agoI think there's room for both compassion and contingency in compensation. You can make sure that "your people" (operating from the mindset of corporate feudalism) are taken care of, that if they die prematurely from illness or accident their families are taken care of, and that if they are rendered simply unable to work they and their families are not worse off than in the worst case, without giving someone multi-digit ownership of the company. It's something to consider when you start drawing up paperwork for your own startup, grisly as that may seem. What happens when one of your founders is struck by a bus a day, a month, a year, five years into the venture? How much of their vested and unvested founder-share goes to their heirs? Does it make a difference if their heirs are their children, their spouse, their siblings, or their favorite charity? Do you want to turn their founder-share from your super-voting shares to a share class with less voting power upon transfer [is that even legal? with vested or unvested shares?]? Does it make a difference if they are killed or merely incapacitated? It's not a pleasant thing to think about, and it won't matter most of the time, but when it does...
- Isamu 8y agoThat's why it's a mistake to oversimplify public figures into "hero" or "demon" or whatever. They are always just people. If Bill Gates is just a person and not a hero, you don't have to explain away any of his mistakes. You don't have to elevate him for his philanthropy. You don't have to make any judgments about him, unless it has any bearing on any decision or action you have to take.
- nabla9 8y agoFanboyism is like a cognitive disease. Gates has himself admitted that he was a bully, yet people feel the need to defend him. Rockefeller ruthlessly destroyed lifes but he was also committed philanthropist that started to give six percent of his earnings to charity at age 16. As he grew richer he gave more.
- squarefoot 8y agoSome donations can be tax deductible, and even it they aren't they boost the donor public image as soon as it become news. I'm not saying Gates, Allen, Rockefeller or anyone else donated to charities only as a form of personal advertising, yet there's certainly a good incentive to do that which should be taken into account before making an opinion about someone.
- nostrademons 8y agoCharitable contributions weren't tax-deductible when Rockefeller was 16. Hell, there was no income tax when Rockefeller was 16. He probably did it to gain favor with God (most of his charity was church-based until he got fabulously wealthy), but of all the things done in the name of God, charity is a pretty good one.
- hueving 8y agoBeing tax deductible doesn't somehow make it profitable or even free. It just means that on a million dollar donation, it actually cost you something like $600k in the end. You're still down that money in every scenario. Nobody is driven to donations because they are tax deductible. Deductions just allow you to donate more than you would have.
- mixmastamyk 8y agoConsidering that he left at the end of 1982, contemplating the idea sounds fair. Believe they decided not to go through with it as well.
- jnwatson 8y agoWhat struck me is that Allen was living with cancer for the last 36 years of his life.
- btian 8y agoWhich is absolutely the right thing to do, especially if you have any external investor, or if you need external funding some day.
- ainiriand 8y agoThat is the power of lawyers and contracts, that´s the power of the dark side.
- pradn 8y agoIt's certainly horrible behavior, but we must allow the chance that he has changed for the better.
- partiallypro 8y agoGates and the company never went through with it, it was just a conversation...and I'm sure it would be a conversation that any company in that predicament would have had.
- deleted 8y ago[deleted]
- ryanmccullagh 8y agoGates probably could have did what the Zuck did, but it doesn't look like he did it because Allen was still very rich. Anyone with a controlling interest can dilute someone anytime?
- lalos 8y agoPut yourself in his shoes, do you prefer to go after the stock or have him do something desperate and bring a rando with 'cofounder' power to your business? Don't know the specifics, but I know better than to judge quickly.
- NicoJuicy 8y agoThe road to being a billionaire is surrounded with bumps. They started and ended as friends, the rest are details
- tinkerteller 8y agoThis is well covered in many books and articles. The back story, as I understand, is that Allen was checked out from Microsoft even before he got sick. He was going through relationship and other personal issues and went through long stretch of times travelling through Europe. Gates and Ballmer felt at the time that Allen received far bigger chunk of share of their success than he had actually worked for. You have to remember that Gates and Ballmer were both putting in 14-18 hours a day and many times not even have time to shower while Allen was touristing in Southern France for months with no indications of his commitments to the company. Even while at the founding of Microsoft, Allen's contributions to BASIC interpreter was not in balance as Gates but he did received same share of company because it was his idea. There are several authors who limit Allen's major contributions to Microsoft as: (1) Pointing out potential of microchips to Gates (2) be older face to partners like IBM (3) write small chunk of code in BASIC interpreter (4) suggest packaging apps as "office suit". There are few authors who believes that Allen did wanted to stay engaged but was sidelined by Gates when he started forming leadership team. This combined with his relationship issues and then sickness pushed him out of the loop. There are lot of parallels to Zuck and Eduardo except that Allen was lucky enough to be at right place and right time to overhear the plan to dilute his stack and prevent it before it was executed.
- gtycomb 8y ago"... Popular Electronics. It featured a new computer called the Altair 8800, which ran on a powerful new chip. Paul looked at me and said: “This is happening without us!” That moment marked the end of my college career and the beginning of our new company, Microsoft. It happened because of Paul." What a magical moment, those youthful fancies. I know that very spot they stood and it still is the same I guess -- all the traffic on either side of the newsstand, street singers, students running to their classes, eating places to decide upon, bookstores ... and the ideas that bloomed from there are so many. Bye, Mr. Allen.
- jrsnyder 8y agohttps://en.wikipedia.org/wiki/Harvard_Square_Subway_Kiosk https://en.wikipedia.org/wiki/Harvard_Square_Subway_Kiosk
- nothis 8y ago>“This is happening without us!” That's quite a statement, wow. I wonder if it's moments like this that distinguish really, really successful people from the rest.
- pwang 8y agoIt's certainly the same feeling I had back in 2010 when I knew I had to quit my job and start pushing Python for data analysis.
- brubrant 8y agoAnd are you really, really successful or the rest? :)
- no_one_ever 8y agoWell, judging by the account name, this is probably Peter Wang, the CTO of Anaconda, Inc. So maybe that answers your question.
- gus_massa 8y agoFrom the caption of the first photo: > Here we are in school. That’s Paul on the left, our friend Ric Weiland, and me on the right. In case you are wondering https://en.wikipedia.org/wiki/Ric_Weiland https://en.wikipedia.org/wiki/Ric_Weiland
- pgrote 8y agoThank you for bringing this up. I had never heard of Ric Weiland. Here is another article discussing how he distributed his wealth: https://www.geekwire.com/2017/remarkable-life-legacy-ric-weiland-microsoft-employee-no-2-still-making-impact-decade-death/ https://www.geekwire.com/2017/remarkable-life-legacy-ric-wei...
- screye 8y ago"A gay man who fell victim to HIV." The number of times I have heard of this misfortune is sometime truly astounding. A whole community ravaged by an illness that we don't have a solution to, with the government turning their back to it.
- agumonkey 8y agoNot long ago a movie "120 beats per min" told the issues faced by HIV and/or gay groups regarding the start of the epidemic, but in France.
- evincarofautumn 8y agoYup. It set back LGBT rights by decades; there’s a sizable chunk of an entire generation of the community just gone, people who might today have become leaders, activists, and mentors for young LGBT people. Reagan and the US government not only “turned their back” and failed to act for years, leading to conservative estimates of thousands of new infections that could’ve been prevented; they also also actively interfered: for example, Congress banned the use of federal funds for prevention campaigns that “promoted or encouraged, directly or indirectly, homosexual activities”. So a lot of the prevention campaigns became ineffective fear-based propaganda rather than what was needed: targeted education to vulnerable communities about safer sex and needle drug use practices.
- mabbo 8y agoI have perhaps one friend that I've known more than 15 years. Part of it is that I seem to be bad at keeping friends, and also because I spent a decade moving around a lot and just lost touch with people. Paul Allen and Bill Gates were friends from early teenage years until the 60s, until death. Through so much change in the world, much of it instigated by them. Through becoming some of the richest, most powerful people on the planet and then turning into philanthropists together. Nearly half a century. I literally cannot imagine the emotions Gates has to be going through as he writes this note. My heart goes out to him as much as Allen's family.
- screye 8y agoAdd to the fact that Paul Allen was probably the only person who saw the meteoric rise to billionaire-dom at the same time as Gates and in the same way. I am sure there were things between them, that no one else could empathize with.
- slededit 8y agoThey did have a falling out but it seems they reconciled. Paul Allen claims BillG tried to cut him out of Microsoft when he was first diagnosed with Hodgkin's disease.
- DenisM 8y agoSource?
- TomVDB 8y agohttps://www.cnet.com/news/paul-allen-gates-ballmer-tried-to-rip-me-off/ https://www.cnet.com/news/paul-allen-gates-ballmer-tried-to-... > Paul Allen: Gates, Ballmer tried to 'rip me off' > "One evening in late December 1982, I heard Bill and Steve speaking heatedly in Bill's office and paused outside to listen in," he writes in his memoir. "It was easy to get the gist of the conversation. They were bemoaning my recent lack of production and discussing how they might dilute my Microsoft equity by issuing options to themselves and other shareholders. It was clear that they'd been thinking about this for some time."
- com2kid 8y agoGrowing up a poor kid in Seattle, Microsoft was always that shining beacon on the hill. The idea that anyone, if they study hard, can get a job at one of the most powerful technology companies on earth, was an amazing motivator and source of inspiration. That beacon has grown a little bit dimmer. And yet still, the impact Paul Allen has had on Seattle shall remain for generations to come.
- dhnsmakala 8y agoDimmer why?
- code_duck 8y agoThe way he portrays Allen as a man he looks up to, and he choice of photos, is touching.
- brainpool 8y agoExpected more from an eulogy from Bill, but that was not to be. Co-founding is obviously hard. Successful business or not.
- superos 8y agoI loved him because he was a proper guitar geek. Owner of a lot of vintage stuff and really a good player too. A lot of people wanted him to buy and revive Gibson.
- volandovengo 8y agoWhat a beautiful tribute!
- IamIan 8y agoThere are two kinds of death in IT: 1. you need them (Paul Allen): black stripe on HN. 2. you don't need them (Ian Murdock): no black stripe on HN. edit: "I am Ian".
- IamIan 8y agoI am Ian.
- IamIan 8y agoI am Ian.
- IamIan 8y agoI am Ian.
- burger_moon 8y agoIt seems odd to have a popup over your eulogy of one of your best and oldest friends.
- dharmon 8y agoI wonder if he had to look up what the name of that Jimi Hendrix album was? :)
- djmips 8y agono
- knodi123 8y agoanybody have a mirror? site's down...
- runciblespoon 8y ago> anybody have a mirror? site's down... http://archive.is/hldpY http://archive.is/hldpY I wonder did Gates ever manage to get the shares back? https://www.nytimes.com/reuters/2018/10/15/business/15reuters-people-paulallen-obituary.html https://www.nytimes.com/reuters/2018/10/15/business/15reuter...
- akerro 8y agoDid you also like that he got cancer and you tried to rip him off? https://www.cnet.com/news/paul-allen-gates-ballmer-tried-to-rip-me-off/ https://www.cnet.com/news/paul-allen-gates-ballmer-tried-to-... https://www.dailymail.co.uk/news/article-1371608/Bill-Gates-tried-cut-Paul-Allen-Microsoft-fell-ill-cancer.html https://www.dailymail.co.uk/news/article-1371608/Bill-Gates-...
- enyone 8y agocomment unrelated, but do not track me with ?WT.mc_id=10_16_2018_10_PaulAllen_BG-TW_&WT.tsrc=BGTW&linkId=58288095
- sureaboutthis 8y agoDoes everyone know the story about why Paul left Microsoft? That when he told Gates and Ballmer about the cancer, in the early days, they immediately went in the other room to talk about how to divvy up Paul's shares in the company and Paul overheard them? Don't read any of the more recent happy articles. Search for articles and books from the early days when the real truth was printed.