3 ms·
Um, are you saying that these companies never raised money from investors? You know that they're both public companies, right?
by danielha 20y ago
Um, are you saying that these companies never raised money from investors? You know that they're both public companies, right?
- abossy 20y agoYes, but I meant to imply that they never raised money at the startup stage (and up until IPO...). Microsoft was almost entirely self-funding before going public, except for the money they received that PG mentions, which I never knew about.
- JMiao 20y agoTrue, but Microsoft and every startup has a specific set of circumstances that may be exclusive to their situation, whether it be timing (late 1970s), competitive landscape (big slothful IBM), location (being able to live in low-cost Albuquerque and still get clients), etc. To base your entire future around what worked for Bill Gates and Paul Allen in 1980 may not be the wisest decision.