Tuesday, October 16, 2018

On the Passing of Paul Allen: The 1986 Microsoft Prospectus (MSFT)

There are a lot of tributes to Mr. Allen on the report of his death, including by his Microsoft co-founder Bill Gates. Here's one you may not see elsewhere.
We have the Final Prospectus on the PDF server but our copy originally came from technology junkie Patrick Lannigan.
I think we also have a red herring on dead trees around here somewhere but the final is better.

Thanks to Patrick Lannigan for keeping it alive on the internet.


PROSPECTUS SUMMARY
The following summary is qualified in its entirety by the more detailed information and Consolidated Financial Statements appearing elsewhere in this Prospectus. All information relating to the Company's Common Stock contained in this Prospectus, except as presented in the Consolidated Financial Statements, reflects the conversion of all outstanding shares of Preferred Stock into Common Stock on the date of this Prospectus.

The Company

Microsoft designs, develops, markets, and supports a product line of systems and applications microcomputer software for business and professional use. The Microsoft Software Product Line chart inside the front cover of this Prospectus illustrates the evolution and diversity of the Company's product line. Microsoft’s systems software products include Microsoft® MS-DOS®, a 16-bit microcomputer operating system used on the IBM PC and IBM compatible computers, and computer language products in six computer languages. The Company offers business applications software products in the following categories: word processing, spreadsheet, file management, graphics, communications, and project management. The Company's products are available for 8-bit, 16-bit, and 32-bit microcomputers, including IBM, Tandy, Apple, COMPAQ, Olivetti, AT&T, Zenith, Wang, Hewlett-Packard, DEC, Siemens, Philips, Mitsubishi, and NEC. Microsoft develops most of its software products internally using proprietary development tools and methodology. The Company markets and distributes its products domestically and internationally through the original equipment manufacturer (“OEM”) channel and through the retail channel primarily by means of independent distributors and dealers and by direct marketing to corporate, governmental, and educational
Here's the whole thing (52 page PDF)