February 18, 1983: Paul Allen Resigns from Microsoft
1983 – From Paul Allen’s interview in 2011:
“I heard Bill and Steve speaking heatedly in Bill’s office and paused outside to listen in. It was easy to get the gist of the conversation. They were bemoaning my recent lack of production and discussing how they might dilute my Microsoft equity by issuing options to themselves and other shareholders. Unable to stand it any longer, I burst in on them and shouted, ‘This is unbelievable! It shows your true character, once and for all!!’ “
Allen had just been diagnosed with Hodgkin’s disease. After eavesdropping on that conversation he decided to leave Microsoft. Gates also tried to get his stake in the company back at $5 a share (which was low), but Allen chose to keep his shares.
Gates did send a 6-page apology letter.
Wikazine – Full show notes for February 18
- Corel ships WordPerfect Suite for DOS.
- White House website recovery.gov is launched