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Inside the deal that made Bill Gates $350,000,000 (chicagobooth.edu)
64 points by wave on March 10, 2011 | hide | past | favorite | 5 comments


What I found fascinating about this semi-puffy piece was the backstory -- Sun, Oracle both going public right in the same month or two.. The institutional questions around personal computing companies and their value.. Fascinating! Tech has, at some level, schooled investors in the last 25 years.

Also, you can find out what Gates did with his $1.5mm in IPO proceeds, worth a read just for that tidbit.


he bought waterfront property on Lake Washington on which he later built his home


Really interesting moral to the story: if something is important to your destiny, don't delegate it to flunkies


"Among the major houses, Gaudette had been most impressed by Goldman Sachs, which tightly links its underwriting group with its stock traders and keeps close tabs on the identity of big institutional buyers."

The hookers and blow had nothing to do with it. Ahh the 80s.





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