Paul Allen gains respect as business mogul

Paul Allen gains respect as business mogul

Reuters: Paul Allen, the lesser known co-founder of Microsoft Corp, has struggled for decades to make his mark as a business mogul beyond the software company he started with Bill Gates.

Since he quit Microsoft in 1983, the quiet Seattle native has lost billions of dollars on ill-conceived or mistimed technology investments, and he has been mocked as a juvenile playboy manqué for spending lavishly on giant yachts and off-beat projects like a Frank Gehry-designed rock museum. 

 

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