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The Accidental Zillionaire: Demystifying Paul Allen

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Paul Allen



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3Vote!

The 100: Bill Gates, the sound of sincerity

In the second in a series of extracts from The 100: Insights and lessons from 100 of the greatest speeches ever delivered, by Simon Mair and Jeremy Kourdi, the duo consider what we can learn from Bill Gates William Henry (Bill) Gates III is most famous for his founding, along with Paul Allen, of Microsoft and for being one of the world’s richest men. Recently, Mr Gates and his wife Melinda have...

4Vote!

OtherInbox Raises $2.3 Million For E-Mail Organization Tool

OtherInbox , an Austin-based e-mail organization startup, has raised $2.3 million in a round of funding, according to an SEC filing . The company’s tool helps users manage their inboxes, in part by taking non-personal e-mail—like social networking site alerts, newsletters, and payment reminders—and sending them to users in digest form. It works with Gmail, Yahoo ( NSDQ: YHOO ), Hotmail...

7Vote!

Eyman Ally: I-1033 Will Fix "Regressive Tax System"

Mike Fagan, one of Tim Eyman's initiative-filing cohorts, makes this particularly brain-dead claim : Fagan said I-1033, like other ideas floated by Voters Want More Choices, is about giving citizens a voice and working to change a “regressive tax system.” If Initiative 1033 is about making our tax system less regressive—by shifting the disproportionate tax burden off of low-income...

3Vote!

How Some Tech Companies Got Their Names

Microsoft The word Microsoft is derived from the words Microcomputer and Software and it has an interesting history. Bill Gates used the word Micro-Soft in a letter he wrote to Paul Allen, the other co-founder of this company on November 29, 1975 and they later registered this company in this name on November 26, 1976. The [...]

6Vote!

Charter bankruptcy extended

Charter Communications Inc. amended its debt restructuring deal with its chairman and Portland Trail Blazer owner Paul Allen, lengthening its bankruptcy until as late as Dec. 15, Reuters reports.

8Vote!

I-1033’s “windfall for the rich,” typical of Eyman initiatives

As I explained the other day, one of the impacts of I-1033 would be to reduce regular property tax levies in many taxing districts to, well, zero , and as Danny Westneat astutely points out in today’s Seattle Times, this would only make our already regressive tax structure even more regressive, amounting to little more than a giant tax break for the rich . • Eventually give the richest man...

5Vote!

Thanks, Danny Westneat, for helping us reveal the ugly truth about Tim Eyman's I-1033

For the past few weeks and months, NPI and our good friend Steve Zemke over at MajorityRules have been trying to focus some attention on what we've been calling the most unfair aspect of Initiative 1033 : its reverse Robin Hood wealth distribution fund, which takes the siphoned sales taxes that I-1033 prevents from being invested in essential services (thereby freezing services) and redirecting them...

4Vote!

Sonoma Wire Works Acquires DrumCore, KitCore and Famous Drummer Content

LOS ALTOS, Calif., Oct. 8 /PRNewswire/ -- Sonoma Wire Works, makers of RiffWorks recording software and the FourTrack and InstantDrummer iPhone Apps, has acquired the entire Submersible Music product line, including the award-winning DrumCore and KitCore software and drum content. Submersible was created by Paul Allen, the philanthropist and Microsoft co-founder, to help him in his own songwriting....

3Vote!

Iridium Returns from the Space of Disgrace

Ten years after suffering one of tech's most spectacular flameouts, satellite-calling provider Iridium Communications is staging a comeback. Its late-September public share sale has sparked hope for the larger satellite industry, long burdened by exorbitant startup costs and anemic demand. Iridium raised $200 million in a Sept. 29 initial public offering after reinventing itself and wringing $54 million...

5Vote!

Veratect Secures $4.2M Debt

Veratect, the Kirkland, WA-based company that tracks emerging health threats like swine flu, has raised $4.2 million out of $5 million debt financing, according to an amended regulatory filing today. The filing doesn't say who invested, but the company's list of directors includes William Savoy, the former manager of billionaire Paul Allen's Vulcan investment portfolio ...

4Vote!

Breakfast briefing: Bing's down - but Bill is down even more

• Microsoft's relaunched search engine has received a disproportionate amount of attention in recent months - not least because journalists are desperate to cover every cranny of its conflict with Google - but it turns out that Bing may not be the thing. According to figures from StatCounter , Bing saw its share of the search market decline in September - down to 3.25% of global searches from...

11Vote!

Bill Gates Lost $7 Billion Last Year, Is Still Richer Than God [Money]

Pity poor Bill Gates ! In this terrible economy, he lost $7 billion last year, bringing his net worth down to… $50 Billion. Don't worry! He's still the richest man on the planet, but he's less richer than everybody else than last year. Other losers on this year's Forbes 400 include Paul Allen, who lost $4.5 billion, Michael Dell, who lost $2.8 billion, and Steve Ballmer, who lost $1.7 billion....

5Vote!

Paul Allen sells Digeo for $20M

Paul Allen, billionaire owner of the Portland Trail Blazers and co-founder of Microsoft Corp., is selling his Digeo Inc. video networking company to Arris Group Inc. for $20 million. (ARRS)

5Vote!

Paul Allen sells Digeo for $20M

Paul Allen, billionaire co-founder of Microsoft and majority owner of Charter Communications, is selling his Digeo Inc. video networking company to ARRIS Group Inc. for $20 million. (ARRS)

4Vote!

Biotech Pioneer Steve Gillis on Life as a VC, How Today’s Entrepreneurs Can Make It, and Seattle’s Future in Life Sciences (Part 1)

Most Seattleites would probably list Bill Gates, Paul Allen, Howard Schultz, and Jeff Bezos when asked to name local entrepreneurs who built not just successful companies but entirely new industries. But they’d be forgetting Steve Gillis. Gillis would have to be considered something like the Fifth Beatle in a group like that—you can walk into his [...]