🔴 Bill Gates | Microsoft, Bitcoin Crash, Anti-Bearish Coalition, Taxes and Strategy
Microsoft Corporation is an American technology company headquartered in Redmond, Washington, that supports the invention, manufacturing, and licensing of goods and services related to computing. It was registered in New Mexico in 1976 after being formed the year before by two childhood friends. Here’s how Microsoft was founded and a brief summary of the company’s history.
On July 29, 1975, Gates used the name “Micro-Soft”—which had been suggested by Allen—in a letter to Allen referring to their partnership. The name, a portmanteau of “microcomputer” and “software,” was registered with the New Mexico secretary of state on Nov. 26, 1976.
In August 1977, less than a year later, the company opened its first international office. The branch, located in Japan, was called ASCII Microsoft. In 1979, the company moved to Bellevue, Washington, and two years later it incorporated under the name Microsoft Inc. Gates was president of the company and chairman of the board, and Allen was executive vice president.
Also in 1983, Microsoft’s crowning achievement was released. The Microsoft Windows operating system had a novel graphical user interface and a multitasking environment for IBM computers. In 1986, the company went public. The success meant that Gates became a billionaire at age 31.