4 ms·
Bill Gates had enough faith in its effectiveness to do it with Apple (basically handing them free money by buying non-voting shares with a certain arrangement).
by boogies 6y ago
Bill Gates had enough faith in its effectiveness to do it with Apple (basically handing them free money by buying non-voting shares with a certain arrangement).
- ryanwatkins 6y agoMicrosoft netted about $550 million from that $150 million investment in Apple.
- athms 6y agoThere was on-going litigation and cross license negotiations at the time Steve Jobs became CEO, after Apple's the purchase of NeXT. The $150 million investment in stock by Microsoft was part of the settlement.