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News Editor

Gates launches a new firm

Opinion
Oct 23, 20081 min

Bill Gates has a new company … before some people have had a chance to realize he’s no longer running Microsoft.

According to this story by Todd Bishop, a former Seattle P-I reporter who just started a site called TechFlash that will concentrate on Seattle technology news, Gates isn’t getting back into software.

Public documents describe the new Gates entity — bgC3 LLC — as a “think tank.” It’s housed within a Kirkland office that the Microsoft co-founder established on his own after leaving his day-to-day executive role at the company this summer.

Is this Bill Gates’ next big business? A Gates insider gives an emphatic no — saying it’s not a commercial venture but rather a vehicle to coordinate the software mogul’s work on his business and philanthropic endeavors.

He never has seemed like the sort to take his fortune and go fishing.