5 ms·
Microsoft is doomed! Surely if anyone knows a good reason to sell of shares, it's the founder! Or, more realistically, Gates thinks his money is more worthwhil
by eddieroger 13y ago
Microsoft is doomed! Surely if anyone knows a good reason to sell of shares, it's the founder!
Or, more realistically, Gates thinks his money is more worthwhile as cash than stock. It would be much easier for him to leave his philanthropic legacy a pile of cash instead of shares in Microsoft, so he's probably just shifting that balance now.
- bpicolo 13y agoHe's not going to hold it as cash, it's going to be held as more diversified investments. He wants his foundation to far outlive himself.
- abelsson 13y agoNo, the plan is to wind down the foundation within 20 years of his and Melinda's deaths. See http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundation#Lifespan http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundati...
- nickstinemates 13y agoMy favorite section is actually the Criticisms. I find myself finding ways mentally to dismiss them, because of the massive good the foundation is doing.
- rdl 13y agoThat could still easily be 50-70 years.