5 ms·
I would guess that Bill Gates has been looking to do this for a while now, and this is just a good time PR-wise. It won't tank the stock anymore than it already
by a13n 7y ago
I would guess that Bill Gates has been looking to do this for a while now, and this is just a good time PR-wise. It won't tank the stock anymore than it already has because the market's crashing, and people have other stuff to worry about.
- neuronexmachina 7y agoHis foundation has also been fairly active in the response to COVID-19 ($100M spending commitment so far), I wonder if he'll be taking a more direct role in the foundation's response to it: https://www.gatesfoundation.org/TheOptimist/coronavirus https://www.gatesfoundation.org/TheOptimist/coronavirus
- vesinisa 7y agoEh, I honestly don't think he has to care how much any news would marginally affect the stock or not. Unless he actually cares if he or Bezos is the #1 wealthiest person -- both being anyways astronomically rich at the end of the day. I didn't in fact even know he still had a role in Microsoft. My understanding was first Ballmer and then Nadella took over running the show years ago. So I don't think it's not even going to to affect investor sentiment that much.
- zizee 7y ago> Unless he actually cares if he or Bezos is the #1 wealthiest person He could also care about whether his actions have a negative impact on others.
- rrdharan 7y agoHe played a pretty important role in convincing them not to acquire Slack, which was interesting: https://www.ccn.com/not-buying-slack-bill-gates-best-call-ever/ https://www.ccn.com/not-buying-slack-bill-gates-best-call-ev...
- dehrmann 7y agoHe hasn't been involved in the day-to-day for so long that it wouldn't matter much. Once it was clear Satya Nadella had righted the ship, Bill was free to step away. It only looks bad if he starts selling shares quickly.