I still remember my neighbor, Tom, telling me about the big IPO he was going to invest in and asking if I had any money that he could invest for me. Oi.
Microsoft offers its first shares to the public in 1986, with share prices rising from $26 to $29 before closing at $27.25. Microsoft is founded in 1975 by Seattle natives and former Lakeside School classmates Bill Gates and Paul Allen. First based in Albuquerque, N.M., they move to the Bellevue area in 1979 and later establish a Redmond campus. (Paul Allen, 65, died in October.)
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