Sunday, February 3, 2013

Ah! Billion-dollar hat!

Ross Perot will ever regret ‘one’ missed chance...

Some mistakes are never compensated in life! And that perfectly holds true for Ross Perot. It was in 1979, when Ross Perot, the then head of Dallas-based EDS made an open offer to purchase a $2 million software entity known as Microsoft. Gates declined the offer as he wanted a fat-pig worth $40-60 million for his giant brainchild, but Perot bluntly walked away. Mistake made, and which will never be rectified. Cut to 2009, that company Microsoft, is valued at worth a most blinding $177.4 billion and Gates is the richest person in the world, with a net worth of $40 billion, almost twice Perot’s value. But all’s well that ends well, for even experts like Richard Ptak, Managing Partner, Ptak, Noel & Associates LLC, agree to that effect.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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