Microsoft Invested facts
While investigating facts about Microsoft Invested, I found out little known, but curios details like:
Bill Gates owns a small investment firm which has the sole purpose of selling off shares of his Microsoft stocks on a daily basis and investing the profits in a tiny portfolio of high performance non-tech companies.
In 1997, Microsoft saved Apple from bankruptcy by investing $150 million into the company.
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 19 of the best facts about Microsoft Invested I managed to collect.
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In 1994, Guns N Roses bassist Duff McKagan decided to invest $100k of his new GNR money in local Seattle companies, including an expanding chain of coffee shops, a software company and an online book seller - Starbucks, Microsoft and Amazon.
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If Microsoft had kept the $150 million investment they made in Apple in 1997, it would be worth $21.9 billion today
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A single gram of DNA can store almost a zettabyte (one trillion gigabytes) of digital data. And Microsoft is making an investment in DNA data storage.
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Microsoft effectively 'saved' Apple with a $150 million investment in 1997. The goal: "to keep Apple’s competitive operating system viable so the antitrust folks would have a harder time proving Microsoft’s monopoly.”
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In 1997, Microsoft entered a 5 year partnership with Apple, invested US$150 million, and announced that Internet Explorer would be the default web browser shipped with the Macintosh
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Two U.S. Companies (Microsoft and John & Johnson) have AAA credit ratings, making them safer investments than government bonds.
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In 1997 Microsoft invested $1 Billion in Comcast
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Warren Buffett doesn't keep a computer at his desk, uses a flip phone and has only written one email. It was a response to then sales manager at Microsoft Jeff Raikes in 1997 trying to get Buffett to invest, the subject line of the email was 'Go Huskers!'
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In 1997, Microsoft invested $150 million to Apple because Microsoft's programs on Macintosh computers was too big at the time to let Apple become bankrupt.
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In 1997, Microsoft invested a $150 million nonvoting minority stake in Apple.
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In 1997, Microsoft invested $150 million in Apple to keep them in business.
In 1997 Microsoft invested $150million in Apple, effectively saving the failing company. - source
About OpenAI Inc,a non-profit organization that studies AI,specifically the hypothesis that substantial progress in artificial general intelligence (AGI) could someday result in human extinction or some other unrecoverable global catastrophe. Microsoft invested US$1B in the organization in 2019.
Microsoft's 1997 "investment" in Apple of $150M in stock was part of an agreement to drop a threatened $1.25billion lawsuit for copying Apple source code. (Had Microsoft kept the stock, it would have been worth $29billion today!) - source
Microsoft invested $1 billion in Comcast in 1997
Companies like Microsoft, JP Morgan, Samsung, and Toyota are investing in Bitcoin's largest competitor, a blockchain-based platform that has more uses than just cryptocurrency.