Definition
Founder of Microsoft Corporation and one of the wealthiest men in the world. Bill Gates assisted with the development of Microsoft Windows, Internet Explorer, and Microsoft Office which have all grown to be the most popular in each of their respected fields. Bill Gates transitioned out of day-to-day operations at Microsoft in 2008, but still serves as chairman of the Microsoft board. In 2008, Forbes ranked Bill Gates the 3rd richest man in the world.
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Does the business scale?
Bill Gates plowed piles of money into developing the first copy of Microsoft Office. The beauty: Each additional copy of that software program costs next to nothing to produce. That's called scale--an ... Read more
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