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Vanity Fair Paul Allen and Bill Gates
futureofcapitalism.com

Microsoft co-founder Paul Allen's book Idea Man is excerpted in the May 2011 issue of Vanity Fair. The link to the excerpt is here. Most of the press coverage (like this Wall Street Journal story) focuses on the negative aspects: "Bill Gates schemed to take shares in Microsoft Corp. from his co-founder during the early days of the software company following his partner's treatment for cancer," is the way the Journal article begins.

But what is striking to me in the excerpt is the way the early days of Microsoft — which created the fortune that for a time made Bill Gates the richest person in America — fit not the negative stereotypes of capitalists or rich people or entrepreneurs ("taking" from cancer victims) but the positive ones.

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Whole Foods Amazon Price Cuts
smartertimes.com

Times coverage of the Whole Foods "price cuts" associated with Amazon's purchase of the grocer has been astonishingly gullible and lame.

A page one news article by Nick Wingfield and David Gelles appeared under the print headline "Amazon's First Act at Whole Foods: Slash Prices." That article included not a single actual price. I mean, there were references to company stock prices in the article, but the only reference to food prices that included actual numbers was a quote from "Brittain Ladd, a strategy consultant who previously worked for Amazon on its grocery business." The Times quoted Ladd as saying, "I won't be surprised if some prices are lowered 15 percent to as high as 25 percent in some categories."

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Vanity Fair Paul Allen and Bill Gates
futureofcapitalism.com

Microsoft co-founder Paul Allen's book Idea Man is excerpted in the May 2011 issue of Vanity Fair. The link to the excerpt is here. Most of the press coverage (like this Wall Street Journal story) focuses on the negative aspects: "Bill Gates schemed to take shares in Microsoft Corp. from his co-founder during the early days of the software company following his partner's treatment for cancer," is the way the Journal article begins.

But what is striking to me in the excerpt is the way the early days of Microsoft — which created the fortune that for a time made Bill Gates the richest person in America — fit not the negative stereotypes of capitalists or rich people or entrepreneurs ("taking" from cancer victims) but the positive ones.

Read More...


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Nick Wingfield

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