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Bill Gates has stepped down from Microsoft's board

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Re: Bill Gates has stepped down from Microsoft's board

#131
post #44
post #20

Earlier quoted context omitted.

Kind of odd, being an employee there, I've never heard of eleven of the twelve board members before.

Most of the board members seem to be partners at various investment firms. Many of them don't seem to even remotely tech people. It's kind of sad that the Microsoft board lacks any external visionaries.

I think this is related to the fact that Microsoft announced a deal few years back that any entity with more than 4% stock ownership automatically gets right to have a seat on the board. During those times, stock was struggling and this might have been strategy to pull some investors who wants to have control as well. In my personal opinion, this was quite unfortunate because such strategies usually invites "activist" investors types. These types are rarely good for long term future of the company as they often enforce short term strategy such as massive buy backs, dividents etc to prop up the stock while actively prevent large capex needed to go after long term big bets.

Re: Bill Gates has stepped down from Microsoft's board

#132
post #85
post #44

Earlier quoted context omitted.

Most of the board members seem to be partners at various investment firms. Many of them don't seem to even remotely tech people. It's kind of sad that the Microsoft board lacks any external visionaries.

It actually makes a lot of sense. Technical people sometimes think that the higher up you go the bigger the decisions, but normally decision making peters off around the Director level. Above that and it's really about how to keep the company going as a company, or in other words the business of maintaining a structure of people that continues to survive within the regulatory context that the company operates within.…

That's a interesting perspective. Can you give examples of regulatory decisions that make a difference to the bottom line on that sort of scale?

Re: Bill Gates has stepped down from Microsoft's board

#133
post #85

Earlier quoted context omitted.

It actually makes a lot of sense. Technical people sometimes think that the higher up you go the bigger the decisions, but normally decision making peters off around the Director level. Above that and it's really about how to keep the company going as a company, or in other words the business of maintaining a structure of people that continues to survive within the regulatory context that the company operates within.…

That's a interesting perspective. Can you give examples of regulatory decisions that make a difference to the bottom line on that sort of scale?

https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... is kind of the classic example of expensive regulatory decisions

Re: Bill Gates has stepped down from Microsoft's board

#134

Earlier quoted context omitted.

That's a interesting perspective. Can you give examples of regulatory decisions that make a difference to the bottom line on that sort of scale?

https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... is kind of the classic example of expensive regulatory decisions

how could they have influenced that one in practical terms?

Re: Bill Gates has stepped down from Microsoft's board

#135
post #6

I would guess that Bill Gates has been looking to do this for a while now, and this is just a good time PR-wise. It won't tank the stock anymore than it already has because the market's crashing, and people have other stuff to worry about.

He hasn't been involved in the day-to-day for so long that it wouldn't matter much. Once it was clear Satya Nadella had righted the ship, Bill was free to step away. It only looks bad if he starts selling shares quickly.

Re: Bill Gates has stepped down from Microsoft's board

#136
post #32

Does this let Bill sell stock without needing to file SEC disclosures?

I think if you own a certain percentage of total equity you still need to file disclosures.

But after a year or two, it does mean he's no longer an insider.

Re: Bill Gates has stepped down from Microsoft's board

#137
Satya Nadella is doing a terrific job leading Microsoft. Prior to his taking over, Microsoft was seen as a has-been. Today Microsoft is the most valuable company in the world once again (edit: AAPL is slightly ahead).

Nevertheless, this is a sad day. If anyone has the ability--and credibility--to provide guidance to Nadella it is Bill Gates. With Gates gone (and Ballmer too) it is Nadella's Microsoft. That's not bad necessarily, but having Gates around as a backup was a good thing.

Re: Bill Gates has stepped down from Microsoft's board

#138

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor... is kind of the classic example of expensive regulatory decisions

how could they have influenced that one in practical terms?

Not doing illegal shit and spitting in the faces of technically intelligent potential complainants.

They're playing nice now so Windows 10 spyware gets accepted.

Re: Bill Gates has stepped down from Microsoft's board

#139
post #130

Earlier quoted context omitted.

It would definitely be odd if you worked at Microsoft and hadn't heard of Satyella Nadalla :)

Not really. The CEO of Microsoft is Satya Nadella. Satyella Nadalla doesn't seem to exist.

Oh the irony...

Re: Bill Gates has stepped down from Microsoft's board

#140
post #43

Also stepped down from the Berkshire board as well. Given that he stepped away from a day to day role in 2008 and then stepped down as the chairman in 2014, I'm guessing he's focusing on his foundation. He's still the 8th largest shareholder according to Bloomberg's records(103,000,000 share), which is pretty impressive given that the 7 entities above him are all funds. Incase you wanted to know who the remaining 12…

Seems microsoft is jointly controlled by a whole bunch of other companies.

Wait until you read the attendee list of the Bilderberg Meeting!
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