What was the best business deal ever made?
It is November 1980 and IBM is twice as large as every other computer company in the world combined.
They are making an agreement with an upstart, Microsoft, a company with 40 staff, to create an operating system (OS), the software that a computer runs off. This OS would later be called IBM PC-DOS.
But the young CEO of Microsoft, Bill Gates, sees something that IBM doesn’t. He pushes for the agreement to allow Microsoft to license the OS to other manufacturers, and IBM agree.
Microsoft come up with a really original name for this OS - they call it MS-DOS.
And the rest is history…
Microsoft ends up supplying the OS to over 1.4bn PC’s and counting because of the deal Gates had struck.
Many say this was the best business deal ever.
But there was a problem. Microsoft didn’t even own the OS!
Microsoft only managed to purchase a non-exclusive agreement for the OS in December 1980 for a reported US$25k from Seattle Computer Products.
But in July 1981, Microsoft finally purchased the full rights to the OS for US$50k, a month before it started getting shipped out onto PCs.
This was the best business deal ever made…
Source: https://www.quora.com/What-was-the-b...deal-ever-made
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05-10-2017, 01:52 AM #1
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The best business deal ever made
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04-11-2020, 06:21 AM #2
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News portals can generate money through paid advertising, online shope can be a successful business. I know that creating an online store and developing it's really difficult, besides, it takes some time, many businessmen cann't wait for the first profit for several years, because the owners of online stores usually create a website as the main source of income. I recently found a site that has e-commerce offers. Of course, first of all, I decided to check these sites with the help of SEO tools to avoid scams and found out why the site owners decided to sell a business. I might find this really suspicious because so many people can't sell profitable online stores with a good reputation and high sales, but then I realized that this is probably the only way for their previous owners to retire and end their online business by getting their compensation investments for the existence of the site.
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03-03-2021, 09:15 AM #3
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I really enjoy reading and also appreciate your work.
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