Re: CFA: Microsoft overcharges consumers $10 billion in 3 years

[Mitch Stone <mstone@vc.net>]

--- From a message sent by Simon Cooke on 1/8/99 5:31 PM ---

>Actually, I'd say the reason for the number of M$ programmers that are
>millionaires, and why BillG has tens of billions of dollars of personal
>wealth is because of the stocks that each programmer is given. Over time,
>these turn into quite a reasonable sum of money.

True, but one of the lesser-known reasons why Gates and the other company 
founders are serial billionaires today is that they never needed to 
invite venture capitalists to the party. We can thank the DOS miracle and 
IBM's tactical errors for that quirk of fate.

Mitch Stone
mstone@vc.net