Senin, 31 Desember 2012

short biography of Paul Allen

Short biography of Paul Allen.Paul Allen is an entrepreneur and investor. He is the shareholder of America online, Teluscan (an online financial service), and Starwave (an online content provider). He bought Marcus Cable from 1994 to 1998. He also owns 90 % of Charter communications. He is one of the bosses of the nation’s largest cable companies. In 1999, he spent $2 billions for RCN Corp. His business in the cable and internet industries is over $ 25 billions.

Paul also put his shares in media in 1999. He with his Vulcan Ventures supported POP.com, an entertainment company as the partner business of Imagine entertainment owned by director Ron Howard, producer Brian Grazer, and Dream Work SKG established by Steven Spielberg, Jeffrey Katzenberg, and Davis Geffen.

Paul Allen was born in 1954 in Seattle. He and Bill Gates were close friends when they were in Lakeside School. Paul was 14 and Bill Gates was 12. Paul dropped out from Washington State University in 1975. Together with his dropped out childhood friend from Harvard University, Bill gates Paul founded Microsoft Corp. Paul organized Microsoft to buy Q-DOS for $50,000, that was the used software in Apple and Commodore. Paul and Gates rewrote Q-DOS to MS- DOS. MS-DOS became the software of IBM that led the software market in 1981.

Paul suffered form Hodgkin’s disease. He then quitted from Microsoft Corp but he still owned shares in the company. He was a millionaire at the age 30 as Microsoft became a leading company.

He focused on new project after that. He built a company named Vulcan Ventures in 1986. Vulcan Ventures did some researches to find investment opportunities. In 1992, he set up Interval Research. Vulcan Ventures and Interval Research were two companies that made Paul Allen was one of the richest men in the online and cable industries.

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