ENTREPRENEURSHIP

Detailed explanation-1: -Inspired by the January cover of Popular Electronics magazine, friends Bill Gates and Paul Allen started Microsoft – sometimes Micro-Soft, for microprocessors and software – to develop software for the Altair 8800, an early personal computer.

Detailed explanation-2: -Bill co-founded Microsoft Corporation in 1975 with Paul Allen and led the company to become the worldwide leader in business and personal software and services. In 2008, Bill transitioned to focus full-time on the foundation’s work.

Detailed explanation-3: -What is Microsoft (MSFT)? Microsoft was founded in 1975 by Bill Gates and Paul G. Allen. Their goal was to create an operating system and programming language that could power what we know today as a personal computer.

Detailed explanation-4: -Microsoft has been a publicly-traded corporation since March 13th, 1986. That means that rather than being owned by a single individual or by its CEO, Microsoft is owned by its shareholders.

Detailed explanation-5: -MITS agreed to distribute it, marketing it as Altair BASIC. Gates and Allen established Microsoft on April 4, 1975, with Gates as CEO, and Allen suggested the name “Micro-Soft", short for micro-computer software.