Welcome to WebmasterWorld Guest from 54.160.198.60

Forum Moderators: mack

Message Too Old, No Replies

Bill Gates Retiring from Microsoft

Transitioning over next 2 years

     
8:46 pm on Jun 15, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Dec 4, 2002
posts:1958
votes: 0


Microsoft Corp. said its founder and longtime leader Bill Gates will step down from his day-to-day duties at the software giant in July 2008 to focus full-time on his nonprofit foundation.

[prnewswire.com...]

[online.wsj.com...]
(paid sub)

8:54 pm on June 15, 2006 (gmt 0)

Moderator

WebmasterWorld Administrator webwork is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:June 2, 2003
posts:7876
votes: 27


So, by Microsoft product release timeline standards that likely means his retirement will take upwards of 5 years, doesn't it?

All kidding aside, of all the things that one might do with their wealth and retirement, I've got to give him credit for what he's planning to do in retirement and how he's spending my money . . I mean his accumulated wealth.

8:59 pm on June 15, 2006 (gmt 0)

Senior Member

joined:May 21, 2002
posts:762
votes: 0


He'll certainly still remain on the board of directors. I can't imagine he'll give up his influence... especially considering the amount of stock he owns.
9:09 pm on June 15, 2006 (gmt 0)

Full Member

10+ Year Member

joined:May 23, 2004
posts:261
votes: 0


This is our official press release on the topic:

[microsoft.com...]

10:39 pm on June 15, 2006 (gmt 0)

Moderator This Forum from GB 

WebmasterWorld Administrator mack is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:June 15, 2001
posts:7581
votes: 10


I can't think of many people who have been able to make such a difference doing somethign they so obviously enjoy.

Mack.

10:57 pm on June 15, 2006 (gmt 0)

Preferred Member

joined:June 2, 2003
posts:376
votes: 0


Well, I guess the time is right.

The antitrust issue is settled.

IBM is out of the PC business.

Apple is surviving via iPod.

McNealy from Sun is gone.

Oracle is pretty much beaten up.

There is no serious contender for MS office.

What else? ...

11:36 pm on June 15, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Sept 10, 2001
posts:1459
votes: 0


Irrespective of his past business practices, i think Bill Gates is one of the greatest philanthropist of all times and its unfortunate not that many people appreciate this fact!.

BTB, MSFT stock is already at a low point and I think reacting to this news it would take some further beating in the coming days... Considering MicroSoft's biggest revenue stream (OS & Office) is not going away anytime soon and with IE 7 its search market share is only going to go up, this is a perfect buying oppurtunity.

11:41 pm on June 15, 2006 (gmt 0)

Moderator from US 

WebmasterWorld Administrator lifeinasia is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Dec 10, 2005
posts:5627
votes: 47


What else? ...

MSN Search. ;)
12:23 am on June 16, 2006 (gmt 0)

Senior Member

joined:Dec 29, 2003
posts:5428
votes: 0


Kudos to Bill. Love him or hate him, he made history. Let's hope he has the same success with his philanthropic ventures now.
12:28 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member jimbeetle is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Oct 26, 2002
posts:3295
votes: 6


give him credit for what he's planning to do in retirement and how he's spending my money

Yep, that's a model of how a foundation should be run -- target a problem, spend money, produce results. Gates putting more of his attention into it in retirement is, and I hate to use hyperbole, really good for a lot of people over the world.

12:54 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:June 13, 2003
posts:1222
votes: 0


I want to add my congratulations and my admiration for the work Bill Gates is doing in the third world.
He is already making a huge difference in places I am familiar with.
This man is a doer not a talker.
1:36 am on June 16, 2006 (gmt 0)

Full Member

10+ Year Member

joined:Oct 21, 2004
posts:320
votes: 0


Hi, it looks like an April fool in my first glance. :D
2:26 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member billys is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 1, 2004
posts:3181
votes: 0


No matter how busy I get, an interview with Bill Gates will stop me dead in my tracks every time. Talk about a person with vision.

We are seeing entertainment, information and automation converging and it's all going to happen via the Internet and personal computers. Bill saw this coming and moved his company in the right direction.

Finally, his genius shines through when you think about his philanthropy - he really understands what life is all about. He truly is a man to be admired.

2:48 am on June 16, 2006 (gmt 0)

Junior Member

10+ Year Member

joined:Feb 11, 2005
posts:143
votes: 0


Hopefully, a preemptive strike against google.org
2:59 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Feb 20, 2002
posts:812
votes: 1


An true entrpreneur (such as Bill Gates) knows when to get out of the way on things where others are better. Software architecture has changed over the years, especially as security has become a bigger concern.

I honestly believe that this decision was based on that principle and that Bill is replacing himself with someone whom he firmy believes can do a better job at the architecture side of things. This is one of the most noble decisions anyone in his position could possibly make and it highlights that Bill is completely devoted to the long term integrity of the Microsoft company. There are rumors of Steve being replaced as CEO too, and much like this decision, that one would probably be the correct one if they find a better candidate. In fact, I think they might go through a spring cleaning phase, much like the White House just did, because that's what is required to survive in this market, and Bill knows that!

Many have called him by many a bad name, but there are very few others out there that are as intelligent, charitable & devoted as Bill.

4:35 am on June 16, 2006 (gmt 0)

Moderator

WebmasterWorld Administrator ewhisper is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Feb 13, 2003
posts:4744
votes: 8


Wow - I'm impressed (and quite pleased) at the this thread - didn't expect quite so many positive replies.

Gates retiring is huge news. It will be interesting to see the how the leadership is transitioned and if the vision changes in any way.

No matter how you feel about Microsoft, Gates did something special with the company.

And he still has his own vision for the future.

Have to respect that.

4:41 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Mar 10, 2004
posts:1342
votes: 0


I think Bill should have stayed CEO, he had a good thing going with Ballmer as #2. Bill is a better figurehead (more stable), and ballmer is a great troop leader. They had a great thing going.

But, I guess either politics or Bill just wanted to give his best man chance to run the show by himself since obviously Ballmer was so key to the success of microsoft.

Bill probably realises that his current role makes no sense. Probably just confuses people who they're supposed to be following.

4:52 am on June 16, 2006 (gmt 0)

Senior Member

joined:Apr 2, 2004
posts:737
votes: 0


My hat is off. Hate his company or love it, his charity is unmatched. Maybe this will give his pal Warren a kickstart?
5:53 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member essex_boy is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:May 19, 2003
posts:3176
votes: 2


an interview with Bill Gates will stop me dead in my tracks every time. - same here.

Surprisingly open and candid in the interviews ive seen.

Hate Micro$oft but cant knock Bill.

6:21 am on June 16, 2006 (gmt 0)

Full Member

joined:May 31, 2004
posts:282
votes: 0


So the brain of MSN is going to sleep?
8:40 am on June 16, 2006 (gmt 0)

Full Member

10+ Year Member

joined:July 8, 2005
posts:332
votes: 5


I honestly think that Bill Gates is one of the most successful entrepeneurs of the 20th century. Sure, he's had some lucky breaks, but he's moulded Microsoft into arguably the most powerful software company in the world.

Besides all this, I think his greatest achievement has been to avoid letting the money corrupt him and/or turn him into a nasty 'money is everything' kind of guy (unlike that guy from The Apprentice). The fact that he's spending his retirement trying to make life better for others is a great testament to a great man.

9:02 am on June 16, 2006 (gmt 0)

Senior Member from MY 

WebmasterWorld Senior Member vincevincevince is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Apr 1, 2003
posts:4847
votes: 0


It's right that he is retiring, and I hope that Microsoft will take this a cue to change past business practices, becoming a much more friendly and cooperative player in the IT industry. Such things in countries take regime change, and the same can be true of companies.

I also have little time for his charitable works. Don't forget that whatever he does with his millions:

i/ He is telling the world about it very publically (Take heed that ye do not your alms before men etc., the right hand does not know what the left has given. etc.).

ii/ He earnt those millions by overcharging. There's no two ways about it. Stacking up such riches, far in excess of his needs, demonstrates that he has been making money just 'because he can'. He has no need of the money, not even remotely.

iii/ His charitable giving is politically tainted and stage managed. Take a look at the list of eligible areas for grants and take note of the fact that so much of it is US only.

<edit - addition>
License purchasers the world over have paid for his millions and yet it is not targetted at people the world over.
</edit>

[edited by: vincevincevince at 9:07 am (utc) on June 16, 2006]

9:04 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:June 13, 2002
posts:2162
votes: 0


Whatever anyone thinks of M$ as a company, Bill Gates in an incredible guy. Doubt I'd be sitting here doing this if it wasnt for him!
9:53 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Nov 27, 2003
posts:788
votes: 0


First reaction April fool, on reading and grasping thing, its wise decision in favor of Microsoft by Bill. Yes he had made the history. Kudos to him.
10:23 am on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:June 13, 2002
posts:2162
votes: 0


>First reaction April fool
But its the middle of June :)
1:51 pm on June 16, 2006 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Dec 7, 2003
posts:788
votes: 0


Little reaction on the Stock Market:[finance.yahoo.com ]

What a shame he doesn't spend his money on something more exciting - like a mission to the Fountains of Enceladus.

2:23 pm on June 16, 2006 (gmt 0)

Junior Member

10+ Year Member

joined:Nov 18, 2003
posts:191
votes: 0


what else...

Netscape

3:21 pm on June 16, 2006 (gmt 0)

Preferred Member

10+ Year Member

joined:Mar 19, 2004
posts:394
votes: 0


So much talk about money and so little about the remarkable changes in computing that Bill Gates and his buddies brought about. It's not that they invented something brand new, that had never existed before, but rather that they took existing tools and concepts and made them work for a much wider group of people. More importantly, they were successful at marketing those tools to a mass audience.

Microsoft didn't invent the Graphical User Interface (GUI) that had been already copied by Apple from things they saw at Xerox. Microsoft did manage to achieve much wider use of GUIs than Xerox or Apple ever could.

Programs were almost completely unable to talk to each other before Windows was invented and popularized by Microsoft. It started with a simple copy/cut paste model that was implemented through the use of a concept called a clipboard. Before that it often took fancy data conversion programs to get information output by one program to be able to be used as input to another program. Inter-program communication did exist before then, but it was limited to the world of the techies, through mechanisms like Unix pipes.

Windows made computers into a tool a typical office-person could use for doing day-to-day administration without the help of a programmer and custom software. That was what the COBOL language was supposed to do, but failed at.

5:49 pm on June 16, 2006 (gmt 0)

Full Member

10+ Year Member

joined:Feb 6, 2003
posts:262
votes: 0


iii/ His charitable giving is politically tainted and stage managed. Take a look at the list of eligible areas for grants and take note of the fact that so much of it is US only.

According to their financials from last year, they gave over $800 Million dollars towards global health issues. More than half of all their contributions to every other sector combined.

[gatesfoundation.org...]

Grants Paid:
[gatesfoundation.org...]

As for overcharging, possibly, but I wonder what monetary figure we would arrive at if we took all the money and revenue generated from every single business the world over that uses Microsoft's software to run their business more efficiently?

Surely we would be talking trillions of dollars.

Is it really too much if paying tens or hundreds of thousands of dollars to setup your enterprise lead to your company making millions?

6:21 pm on June 16, 2006 (gmt 0)

Full Member

10+ Year Member

joined:May 14, 2003
posts:215
votes: 0


Sorry VinceVinceVince, i think what you said is complete rubbish, overcharging? THis is what is overcharging.

"Oil: Exxon Chairman's $400 Million Parachute. ... Exxon. Lee Raymond's retirement package -- worth nearly $400 million -- is one of the largest in history"

If you want to say stuff about anyone, that is someone who you should bad mouth for overcharging, i dont see any billionaire in the whole world who is even as close as charitable.

This 63 message thread spans 3 pages: 63
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members