The King of the Dotcom Boom

Posted by: | November 10, 2011 | Leave a Comment

Microsoft today is a household name, a name that one automatically connects with Bill Gates, wealth and technology. The history of it however is known to a substantially lesser number.

Microsoft was a venture started by Bill Gates and Paul Allen in 1975, two young and ingenious young men. Over the next 20 years it would create for itself a software hegemony, as millions of its’ products were sold across the globe, making its’ founders into billionaires many times over. However the greatest source of amazement for most people that have followed Microsoft comes when learning of the way it was founded.

Paul Allen and Bill Gates had been recognized as geniuses (Gates scored 1590 out of 1600 on his SAT!), however for all their intelligence, the venture that became known as Microsoft was laughed at. Starting off modestly, the company was staffed by 8 employees, people that were scoffed at and considered “hippies,” for the way they dressed and behaved-very casually and modestly.

These naysayers doubts were cast away as the DotCom Boom kicked in, and Microsoft rode its wave to unprecedented levels of success. Revenue levels soared from $1,000,000 in 1975 to over $17 Billion in October 2011. Safe to say, Gates and Allen laughed their way to the bank.


Comments

Name (required)

Email (required)

Website

Speak your mind

Spam prevention powered by Akismet