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Oct 23, 2008

A new focus for Bill Gates

Todd Bishop and Eric Engleman of TechFlash are reporting on their site that Bill Gates, now just months from his Microsoft farewell, is creating a new company -- bgC3LLC. This next venture, the story says, offers a new glimpse into the next era of Gates' life.
From the story:
Public documents describe the new Gates entity -- bgC3 LLC -- as a “think tank.” It’s housed within a Kirkland office that the Microsoft co-founder established on his own after leaving his day-to-day executive role at the company this summer. Is this Bill Gates’ next big business? A Gates insider gives an emphatic no -- saying it’s not a commercial venture but rather a vehicle to coordinate the software mogul’s work on his business and philanthropic endeavors. However, bgC3 will also oversee Gates’ personal pursuit of breakthrough ideas in science and technology. The insider said the goal isn’t necessarily to create new companies, although ideas could be passed along to Microsoft, the Bill & Melinda Gates Foundation -- or others – as it makes
sense.

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