Microsoft
microsoft.comFounding Story
Childhood friends Bill Gates and Paul Allen founded Microsoft in 1975 to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s.
Key Milestones
In 1972, they founded Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data.
Microsoft released Windows 1.0 on November 20, 1985, as a graphical extension for MS-DOS,: 242–243, 246 despite having begun jointly developing OS/2 with IBM that August.
When Microsoft went public and launched its initial public offering (IPO) in 1986, the opening stock price was $21; after the trading day, the price closed at $27.75.
Microsoft adopted the so-called "Pac-Man Logo", designed by Scott Baker, on February 26, 1987, with the concept being similar to InFocus Corporation logo that was adapted a year earlier in 1986.
The company is often referred to as a "Velvet Sweatshop", a term which originated in a 1989 Seattle Times article, and later became used to describe the company by some of Microsoft's own employees.
Following Bill Gates's internal "Internet Tidal Wave memo" on May 26, 1995, Microsoft began to redefine its offerings and expand its product line into computer networking and the World Wide Web.
Branching out into new markets in 1996, Microsoft and General Electric's NBC unit created a new 24/7 cable news channel, MSNBC.
On October 25, 2001, Microsoft released Windows XP, unifying the mainstream and NT lines of OS under the NT codebase.
Funding History
| Date | Round | Amount |
|---|---|---|
| 1986 | IPO | $61M |