Bill Gates: IBM FAILED to See How Big Software Would Become

In an interview with David Rubenstein, Bill Gates talks about Microsoft in its early days. Microsoft, while still a small company at the time, made a deal with IBM to build the operating system for their machines. This has turned out to be a $1.5 trillion dollar mistake for IBM, completely missing out the explosive emergence and profitability of software. Today, Microsoft is 5 times as big as IBM in terms of market cap. This is one of the most amazing product stories in our time. About The Channel I’m a fan of the market and a fan of paradigm-changing products. I find raw information unnecessarily complex and want to make a change. With that in mind, I try to dissect complexity into simple, digestible pieces to spur independent thoughts and aspire ideas. In this channels, we will talk about stocks and value, share insights and stories, dive into products and strategies, and anything that promote clary thinking in an uncertain world. This is About Value and my name is David. Enjoy the show! Disclaimer All price references and market forecast respond to the date this video is uploaded. This video should not be copied, distributed, published or reproduced in whole or in part. This video reflects the opinion of only the host and not the views of any of its subsidiaries or affiliates. The video is for informational purposes only and is not a mandate to buy or sell any security and is not an offer or sale of a security.