Bill Gates Vs Paul Allen

Microsoft co founder Paul Allen has spoken of his partner trying to dilute his stake in the global company before he left in a new memoir he has written.


Paul Allen reveals the plotting in exerts of his book which have been publish in the Vanity Fait magazine.


He claims in the memoir that he had overheard conversations between Bill Gates and Steve Ballmer, who is now the Chief Executive of the company, back in 1982 when he had said that he was thinking of leaving the company.


Allen writes: “It was easy to get the gist of the conversation. They were bemoaning my recent lack of production and discussing how they might dilute my Microsoft equity by issuing options to themselves and other shareholders. It was clear that they'd been thinking about this for some time.”


While Paul Allen added that he has received apologies from both Bill Gates and Steve Ballmer regarding the entire incident however he has come forward to let the world know about the insides of the Microsoft corporation in this new book.


He added: “As it turned out, Bill's conservatism worked to my advantage. If he'd been willing to offer something close to my asking price, I would have sold way too soon.”


Bill Gates has responded to the accusations in an emailed statement saying: “While my recollection of many of these events may differ from Paul's, I value his friendship and the important contributions he made to he world of technology and at Microsoft.”


Although Paul Allen may have had problems with Microsoft his holdings in the company have been responsible for making him the 57th richest person in the world according to Forbes Magazine, with a fortune of $13 billion.


The full account from Paul Allen is available in his book, Idea Man, which is set to be published at the end of the month.