He's the most underrated billionaire, He launched Xbox, Azure, Office 365 and windows 7, Currently Microsoft most revenues are from Xbox, azure and 365 so maybe a little bit research will make you realise he's earned every penny of those billions.
@@JK360noscopeI guess you do not understand what role the CEOs are actually doing. Employees are clueless unless they recieve a concrete vision and specifically and strategically provided roadmap, that employees almost always wont be able to see.
@@JK360noscope lmao employees cant do anything if he doesnt approve it .... if the employees are so smart they can do start ups .... the ceo is responsible for at least 70% of the company success ....employees are just employee, they cant do shit with out the company other wise they would be a big start ups like face book and tesla
if you listen to the really bright microsoft guys from the 90-2000 era, you realize, every single one of them admire steve. he sure does deserve his stock.
@@GoogleDoesEvilEvery modern Windows version still shares similarities with Vista. In fact, the Vista boot screen still exists in the Windows 11 kernel and can be shown on old computers with a legacy BIOS and enabling a certain bcdedit command.
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Realistically he was given an 8% share of the company before it was worth 1 billion dollars. He could have taken that money out a lot sooner and it would have been worth a lot less than 112 billion dollars. So after the vesting period of the shares he was given, he deserves his fortune as much as any other investor.
@@LogicallyAnswered but your video makes it seem like he got the billions as compensation for being CEO.. the video says something like "or did he really deserve the billions of dollars of compensation"
People love to crap on Balmer but he was instrumental in some key changes to MS that were way overdue under Gates. Vista is seen as his biggest failure but it needed to happen. MS's security model was a disaster before Vista and when he took over Vista was already 5 years late. Add to that their total lack of innovation on the phone and tablet OS having sat on CE for a decade and being sideswiped by the iPhone he was in a really tough spot. Despite all these setbacks he still managed to increase sales and drive revenue. Sure he did it at the expense of the stock price but he still did it. He then set up his successor as the saviour of microsoft with Azure, windows 10 and Windows 10 phone, oh wait scratch that last one. To Microsoft Steve Balmer is very much the hero they needed not the one they deserved. Edit. I couldn't remember the word "blindsided" and I agonized at that point in my comment and ended up using "sideswiped". It came to me just now so I am editing the comment but I don't like revisionist history and as such am not editing what I wrote but instead adding this edit clarifying my intention
If you're a ceo for 1 and a half decade and people say you're lucky then they've no idea the hell they went through just to make sure everything looks great and stays great. He was behind Xbox, azure, windows 7 and office 365. And he was lucky lol.
I work for Microsoft. Whenever the conversation about Microsoft history opens up, I get to hear that Satya saved the company that was on the road towards failure, and I need to defend Ballmer and remind them of Azure, XBox, and various developer frameworks and SDK that started those days. Windows Phone did not succeed, but it was an OS with a fresh design never seen elsewhere. I somehow feel that we stopped taking huge risky bets after Ballmer and all our focus and attention is dedicated towards improving on stock value.
@@TheChees1996 I don't know how are you able to generalise 1/6th of the world popular with just one person, but I don't think that is an Indian mentality or style in general. People consider Satya has good CEO not because he did some innoivations, rather they consider him good because he changed the people's perspective on Microsoft. That is what a company like Microsoft need right now.
Don't forget office 365 and windows 7. Steve Ballmer is more of a legend than Satya Nadella. Developing strong products is super hard and Steve Ballmer is pretty damn good at it.
@@TheChees1996as an Indian I hate to say I agree. We need more Tim cooks than nadellas. Cook is behind apple services, apple watch, airpods and apple silicon. He made apple a lifestyle brand with apple fitness, music, etc.
@@TheChees1996 I do not agree that Indians have propensity towards playing safe in general. You see Gates and Ballmer were more like company founders. Satya (and other Indian CEOs) are hired specifically to ensure that company stocks stay in best possible health, and that is exactly what they have been doing. All of these Indians have stable families (unlike Gates, Musk and Bezos) and are sure to do nothing offensive that will hurt their or company reputation, however filthy rich you make them, and this makes them great CEO candidates.
@sixteenjets Compliment with hyperbole... All of these channels are great, but they cover individuals and businesses much more than they cover strategies used... For example, this video skims over the QDOS/MS-DOS origin story because it cannot offer greater insight...another commenter touched on SB's 8% being worth less than $1m when issued...
Tech media loved to hate on Microsoft and Ballmer. Short sellers also did their part claiming the era of the PC and Microsoft was over. I took the opportunity wah back then to gobble up as much MSFT stock as I could. Anyone could see that they were making big money with big margins. Plus, they were investing in the cloud. Also, Ballmar was the one who found and promoted Satya
"chief cook and bottle-washer" is an idiom meaning someone forced to do all tasks because of a lack of assistance. Great profile of Ballmer, thank you.
Steve Balmer is often ridiculed for his over the top, in your face personality who is generally dismissed by many as the Microsoft CEO responsible for Microsoft’s years of stagnation. Your video is one of the few videos on TH-cam that acknowledges the important role Balmer played in Microsoft’s past successes as well as how Balmer’s keen business instincts led to Microsoft investing heavily in the cloud, thereby setting up Satya Nadella to realise Balmer’s investments in the cloud as one of Microsoft’s key businesses - Azure. Many people attribute Microsoft’s success with Azure to Nadella, and to be clear Nadella had his part in making Azure successful. However, without Balmer’s foresight identifying cloud services as the next big thing in IT and investing heavily in cloud infrastructure towards the end of his run as Microsoft CEO, Microsoft could well have missed the cloud market in the same way it missed the mobile market in 2007 when Apple launched the iPhone. Microsoft’s current status as a revitalised, resurgent, innovative tech giant is as much due to Balmer’s contributions when he was CEO as it is due to Gates’ founding vision for Microsoft and Nadella’s ongoing strategy for Microsoft’s future.
Steve Ballmer brought the most beautiful and underrated mobile OS for smartphone IMO, Windows Mobile had so much potential but it didn't had anyone with a real desire to make it a success other than Ballmer himself. With the right people behind Windows Mobile, Microsoft could easily replicate Apple ecosystem, and considering the commitment of Microsoft in the gaming industry, having a mobile version of some games would be an insane attraction to users which would attract developers.
Antics aside, under his leadership we got XP and 7, the two best versions of Windows. I don't care at all about how much value the company is generating for shareholders, I care about having a usable OS that doesn't force unwanted features and telemetry on the user. We didn't know how good we had it back then.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
_Steve destroyed mobile computing for Microsoft. When MS already had a Win Mobile 6.0 on various devices, Win CE for RTOS. Yet because of Steve we see only Android & Linux. VC++ died because of him_
Ballmer created an extremely strong framework for the MSFT you see today. He created a fundamentally strong MSFT. Satya has taken that and added to it a socially exciting MSFT. The core business has really just continued in the same model but people have become much more supportive of MSFTs vision and that has increased the stock value.
I would love to know the conversation Bill had with Steve after these goofy conferences like “DEVELOPERS DEVELOPERS DEVELOPERS”. Did Bill ever think, “my goodness we need to get rid of this goon”.
His leadership started and encouraged the development azure, which basically makes all their money now, lol. He sunk that cost during his tenure. That was long-term thinking, rather than short-term thinking .
Why you can't tell, if he deserves it? It is a super easy question to answer. How did he get the money? Through his work and most importantly through his success within the company. Did the money come from free market or from some government subsidies? They came from the free market economy. Then, it is 100% deserved. Of course, Microsoft was involved in a lot of shady deals with governments, other big tech and even educational institutions, like universities, colleges, etc. where they were pushing their products in use. At least some of these practices were not fair, to say the least. But the same can be said for most big tech today. From that perspective - maybe part of this success was not acquired in a fair way. And unfortunately, we do not live in a perfect or fair world. With that said, for the most part he deserved his money, earned it. And was a huge contributor to Microsoft's success without any doubt.
It was satya nadella that made him a centibillionaire by growing the company from 300bill to 3trill which catapulted steves net worth from 12 bill to 120bil
They both got lucky by being in the right place at the right time and that the OS was available and all the factors came into place were mostly luck. So, yes, Steve was just lucky. Did Steve personally develop the products? No. If Steve was missing, Microsoft might not have gotten lucky.
Good point. Add in the fact that most of Microsoft is sort of stolen ideas. Windows wasnt the first, Mac's early interface did it first. Excel was Lotus 123 Spreadsheets. MSWord wordperfect. Bundling a browser to kill browsers. Anyone that remembers the 90's in computers remembers Gates as a really successful copycat thief.
@@boobeshkumar406 There's a reason these people won't have children that are self-made billionaires and it's not b/c their children are stupid. It's b/c their dad's beat them to that market and no, there aren't _always_ such opportunities available elsewhere simply "if you're smart enough. " Timing is crucial and out of their control. IBM will never again dub a king to corner the nascent market in PC's that MS was able to dominate not b/c they were better but b/c _businesses_ (not consumers) had committed to an eco-system that was not cross compatible by design. No, these guys aren't stupid by any means, but Ballmer was able to bluster his way through decisions that time and time again frustrated consumers. He wasn't the innovator for MS projects but he (not only) backed poorly conceived and implemented projects, he shoved them down people's throats when he could have read the writing on the wall and made adjustments before, during or after rollout. He was "successful" not because of these flawed traits, but because of MS's leverage in the market.
I've been following your videos for some time and think your videos are great, but you should consider tagging as a chapter your self promotion for Silo for people who wish to skip it.
Something not too obvious but anyway real. Despite Windows popularity, Microsoft was not a company the “elite” loved. They were ridiculed for the OS flaws and constantly accused of monopoly. Despite this, Balmer grew the company immensely, they suffered products’ setbacks but also had many more success runs. And by the way, someone asked me in 1992 which, in my opinion, was the OS of the future and I answered OS2, but I still preferred Windows 3.1
The term "luckiest billionaire" is a non starter from the get go. Because whatever we think about billionaires in general, and Steve Ballmer in particular... there are plenty of billionaires out there that inherited their wealth from their family without putting ANY effort into it at all.
I completely disagree that Windows phone was a failure. They may technology during that era that others still have not matched. The main mistake that was made during the Windows phone development was simply that they did not run Android apps. Steve ballmer actually suggested that maybe they should. So maybe the problem with that no one listened to the people that knew what they were talking about.
The Microsoft and Apple cooperation goes back to early 80s, late 70s. Without MS, Apple would have struggled with a lot of key applications, all made by Microsoft.
I don't mind how much these guys earn. They made my childhood by the opportunity to explore Windows 98, XP and 7 and to play amazing games on these systems...
Since I was a teenager, I've always had this perception of Steve Ballmer: A very weak executive for a giant like Microsoft. Microsoft would certainly have gone bankrupt if he had still been CEO!
For many guys like this, joining a fledgling tech company early on before it becomes a massive successful enterprise, there is a certain degree of luck involved - at least being in the right place at the right time. That said, I don't think Balmer was a very good CEO. I say this because of the many missteps Microsoft made under his tenure; two of the huge ones were blowing it with smartphones (he laughed at the iPhone when it launched) and then the idiotic purchase and sale of Nokia with regards to the Windows Phone platform. It is a real pity because I liked the Windows Phone, but Microsoft barely put any effort into it before they gave up and cancelled the platform. Some younger people might not remember, but Microsoft had a mobile platform with the older Windows Mobile 6.x devices, but the platform was clunky. The market was literally there for the taking, but they sat on it and eventually Apple came along with massive innovation and won that battle.
Appreciate the feedback man. It’s not a 3rd party sponsorship. It’s our own platform. But moving forward I’ll make it more clear when the segment is happening so you can easily skip forward if you’re not interested.
@@LogicallyAnswered🙄OH PLEASE! Hair, keep promoting SILO as there is absolutely nothing wrong with you promoting. If that’s the case, tell the joristube to go after all these TV commercials and stop promoting commercials because “it’s getting annoying”🙄
He earned 112 billion USD mainly because he has been holding his MSFT shares strongly through many darkest days in stock market and economic circumstances.
Rather than asking whether Ballmer deserves 112 billion, we can equally well ask if Bill deserved his wealth in his heyday. Or if Bezos deserved in his heyday. Or if Zuckerberg or Musk or even the Walton family deserved their billions. If no one is asking those questions, I see it mighty unfair to question Ballmer fellow.
Steve watching this on a 100" Screen on his 1 Billion Dollar superyacht and enjoying most expensive drinks handed to him by one of his butlers. He is probably crying because people say he was a bad ceo....not
Most of MS's big successes today started under Ballmer. His biggest failure was to put Steven Sinofsky in charge of Windows, he screwed over the excellent Windows Phone team and created Windows 8, a total dumpster fire thanks to the way he managed and implemented it. And yes I'm bitter, Windows Phone was the easiest and best phone OS ever, and Android and iPhone copied many of it's best features. But Ballmer blew it on smart phones too.
This is purely a philosophical point of view but I don't think any one deserves a $100 billion plus compensation, and I think this is just an example of how capitalism is failing us.
All ceo are not engineering or software developer, if his team wasn't able to make and develop a good window mobile, for example, who's the guilty? Under Baller's reign we can't forget Surface that has been sold out Evey year
Words are not enough to measure what this she has done and is still doing for us. Thank you so much #benefitwithhannamacko a big thanks to you 🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗
Steve has 112 billion reasons not to care what people think
what an iconic comment
By that logic i have a hundred reasons not to care what people think... which sounds like a lot...
112 billion in most stocks
Not right liquidity money
@@vaughnreedjr6592msft stock is liquid for all practial purposes because he’s not even an insider anymore
Hahahaha
He's the most underrated billionaire,
He launched Xbox, Azure, Office 365 and windows 7,
Currently Microsoft most revenues are from Xbox, azure and 365 so maybe a little bit research will make you realise he's earned every penny of those billions.
The secret is he didn't launch anything, the employees did
@@JK360noscopeI guess you do not understand what role the CEOs are actually doing. Employees are clueless unless they recieve a concrete vision and specifically and strategically provided roadmap, that employees almost always wont be able to see.
@@JK360noscope lmao employees cant do anything if he doesnt approve it .... if the employees are so smart they can do start ups .... the ceo is responsible for at least 70% of the company success ....employees are just employee, they cant do shit with out the company other wise they would be a big start ups like face book and tesla
No he rode on the success from gates
That you Steve?
developers, developers, developers, developers
Yes sir
**profusely sweating in the process**
developers
Developers
Developer!
You don't get what you deserve, you get what you negotiate.
Can go both ways!
that means you get what you deserves.... Basic economics
@@kevinren3228not what the word deserve means but sure... basic language
I learned it the hard way :(
Just like the way Steve finessed that sale to IBM. It's about how you present yourself, what you have to offer, and then you negotiate for yourself.
if you listen to the really bright microsoft guys from the 90-2000 era, you realize, every single one of them admire steve. he sure does deserve his stock.
Does that include the ex-DEC VMS team that wrote Windows NT?
@@geezerbutler4582 it includes daveC
Are you saying they admired him for bringing forth Windows Vista to the market? 😂😂😅😊
@@4evertrue830 Windows Vista was a miracle given the history of Longhorn. Windows 7 under the hood is very similar to Vista.
@@GoogleDoesEvilEvery modern Windows version still shares similarities with Vista. In fact, the Vista boot screen still exists in the Windows 11 kernel and can be shown on old computers with a legacy BIOS and enabling a certain bcdedit command.
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Realistically he was given an 8% share of the company before it was worth 1 billion dollars. He could have taken that money out a lot sooner and it would have been worth a lot less than 112 billion dollars. So after the vesting period of the shares he was given, he deserves his fortune as much as any other investor.
Facts. When he was given the shares, they may not have even been worth $1 million.
@@LogicallyAnswered but your video makes it seem like he got the billions as compensation for being CEO.. the video says something like "or did he really deserve the billions of dollars of compensation"
Big facts, that's the beauty of investing
Buying the rookie card is some Ground
Floor
Returns.
So he is a genius
People love to crap on Balmer but he was instrumental in some key changes to MS that were way overdue under Gates. Vista is seen as his biggest failure but it needed to happen. MS's security model was a disaster before Vista and when he took over Vista was already 5 years late. Add to that their total lack of innovation on the phone and tablet OS having sat on CE for a decade and being sideswiped by the iPhone he was in a really tough spot. Despite all these setbacks he still managed to increase sales and drive revenue. Sure he did it at the expense of the stock price but he still did it. He then set up his successor as the saviour of microsoft with Azure, windows 10 and Windows 10 phone, oh wait scratch that last one.
To Microsoft Steve Balmer is very much the hero they needed not the one they deserved.
Edit. I couldn't remember the word "blindsided" and I agonized at that point in my comment and ended up using "sideswiped". It came to me just now so I am editing the comment but I don't like revisionist history and as such am not editing what I wrote but instead adding this edit clarifying my intention
Steve Baller was the "Louis Litt" of Microsoft... Nice one
Nope he was better.
If you're a ceo for 1 and a half decade and people say you're lucky then they've no idea the hell they went through just to make sure everything looks great and stays great.
He was behind Xbox, azure, windows 7 and office 365.
And he was lucky lol.
Only one company managed to remain as one of the 10 biggest on the world from 2000 to now. No other company was able to stay in the top 10.
or maybe he have great people working under him
I work for Microsoft. Whenever the conversation about Microsoft history opens up, I get to hear that Satya saved the company that was on the road towards failure, and I need to defend Ballmer and remind them of Azure, XBox, and various developer frameworks and SDK that started those days. Windows Phone did not succeed, but it was an OS with a fresh design never seen elsewhere. I somehow feel that we stopped taking huge risky bets after Ballmer and all our focus and attention is dedicated towards improving on stock value.
That what happened when Indian CEO take over companies they stop looking to innovate stuff and just be safe meaning cutting stuff and Jobs.
@@TheChees1996 I don't know how are you able to generalise 1/6th of the world popular with just one person, but I don't think that is an Indian mentality or style in general. People consider Satya has good CEO not because he did some innoivations, rather they consider him good because he changed the people's perspective on Microsoft. That is what a company like Microsoft need right now.
Don't forget office 365 and windows 7.
Steve Ballmer is more of a legend than Satya Nadella.
Developing strong products is super hard and Steve Ballmer is pretty damn good at it.
@@TheChees1996as an Indian I hate to say I agree.
We need more Tim cooks than nadellas.
Cook is behind apple services, apple watch, airpods and apple silicon.
He made apple a lifestyle brand with apple fitness, music, etc.
@@TheChees1996 I do not agree that Indians have propensity towards playing safe in general. You see Gates and Ballmer were more like company founders. Satya (and other Indian CEOs) are hired specifically to ensure that company stocks stay in best possible health, and that is exactly what they have been doing. All of these Indians have stable families (unlike Gates, Musk and Bezos) and are sure to do nothing offensive that will hurt their or company reputation, however filthy rich you make them, and this makes them great CEO candidates.
You, Modern MBA and How Money Works are all anyone needs to watch to understand business both from the past and in today's climate.
🙏
Super accurate
YES
@sixteenjets Compliment with hyperbole...
All of these channels are great, but they cover individuals and businesses much more than they cover strategies used...
For example, this video skims over the QDOS/MS-DOS origin story because it cannot offer greater insight...another commenter touched on SB's 8% being worth less than $1m when issued...
Tech media loved to hate on Microsoft and Ballmer. Short sellers also did their part claiming the era of the PC and Microsoft was over. I took the opportunity wah back then to gobble up as much MSFT stock as I could. Anyone could see that they were making big money with big margins. Plus, they were investing in the cloud. Also, Ballmar was the one who found and promoted Satya
"DEODORANT DEODORANT DEODORANT DEODORANT DEODORANT "
😂
Did i tell you about him getting some Deodorant 🤷🤔🤔🤔
No deodorant would stop that tsunami of sweat
cocaine, cocaine, cocaine…
🤣
What's lucky is Microsoft having that guy.
he also managed to hire Microsoft best developer the man spearheaded Windows NT. and still works there today at 81 coding
"chief cook and bottle-washer" is an idiom meaning someone forced to do all tasks because of a lack of assistance. Great profile of Ballmer, thank you.
The fact that he retained his shares since inception means his loyalty is paying off...
His energy is unmatched
No doubt
That ad placement was smooth
It took for him to be the right man, with the right background and intelligence and the right connection.
Good for him!
Dude deserves it! He pulled off the deal with Qdos making Microsoft what it is today.
Steve Balmer is often ridiculed for his over the top, in your face personality who is generally dismissed by many as the Microsoft CEO responsible for Microsoft’s years of stagnation.
Your video is one of the few videos on TH-cam that acknowledges the important role Balmer played in Microsoft’s past successes as well as how Balmer’s keen business instincts led to Microsoft investing heavily in the cloud, thereby setting up Satya Nadella to realise Balmer’s investments in the cloud as one of Microsoft’s key businesses - Azure.
Many people attribute Microsoft’s success with Azure to Nadella, and to be clear Nadella had his part in making Azure successful. However, without Balmer’s foresight identifying cloud services as the next big thing in IT and investing heavily in cloud infrastructure towards the end of his run as Microsoft CEO, Microsoft could well have missed the cloud market in the same way it missed the mobile market in 2007 when Apple launched the iPhone.
Microsoft’s current status as a revitalised, resurgent, innovative tech giant is as much due to Balmer’s contributions when he was CEO as it is due to Gates’ founding vision for Microsoft and Nadella’s ongoing strategy for Microsoft’s future.
Excellent presentation. Dialog pacing was MUCH BETTER than the last vid you did. Enjoyed this very much, keep it up!
Steve Ballmer brought the most beautiful and underrated mobile OS for smartphone IMO, Windows Mobile had so much potential but it didn't had anyone with a real desire to make it a success other than Ballmer himself. With the right people behind Windows Mobile, Microsoft could easily replicate Apple ecosystem, and considering the commitment of Microsoft in the gaming industry, having a mobile version of some games would be an insane attraction to users which would attract developers.
I love your videos. The production quality is so high
He was given the opportunity to hit a single to tie the game and, instead, hit a grand slam. He rose to the occasion.
Great stuff!
He made the biggest difference when it mattered the most- and that's all that counts.
Antics aside, under his leadership we got XP and 7, the two best versions of Windows. I don't care at all about how much value the company is generating for shareholders, I care about having a usable OS that doesn't force unwanted features and telemetry on the user. We didn't know how good we had it back then.
And now he’s by far the richest NBA owner, and also the most enthusiastic
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
I am excited 😊 my life has totally changed. I have been benefiting $10,250 from my $4,000 investment every 14days
Trading with Garrett patten was never a regret to me, he's the best I've ever seen
I invested with Garrett, i make about a 30,000USD every month.
Same here, a Transformation of £4000 to £15,400 in just 2 weeks, he's really the best
I heard a lot of investing with Mr Garrett patten and how good he is, please how safe are the profit?
_Steve destroyed mobile computing for Microsoft. When MS already had a Win Mobile 6.0 on various devices, Win CE for RTOS. Yet because of Steve we see only Android & Linux. VC++ died because of him_
Ballmer created an extremely strong framework for the MSFT you see today. He created a fundamentally strong MSFT. Satya has taken that and added to it a socially exciting MSFT. The core business has really just continued in the same model but people have become much more supportive of MSFTs vision and that has increased the stock value.
I would love to know the conversation Bill had with Steve after these goofy conferences like “DEVELOPERS DEVELOPERS DEVELOPERS”. Did Bill ever think, “my goodness we need to get rid of this goon”.
They danced together on stage for launch of windows 95 th-cam.com/video/lAkuJXGldrM/w-d-xo.html He knew what he was getting when he made him the CEO
His leadership started and encouraged the development azure, which basically makes all their money now, lol. He sunk that cost during his tenure. That was long-term thinking, rather than short-term thinking .
Really appreciate this analysis. This video unveils the fascinating journey of the world's 'luckiest' billionaire.
Why you can't tell, if he deserves it? It is a super easy question to answer.
How did he get the money? Through his work and most importantly through his success within the company.
Did the money come from free market or from some government subsidies? They came from the free market economy.
Then, it is 100% deserved.
Of course, Microsoft was involved in a lot of shady deals with governments, other big tech and even educational institutions, like universities, colleges, etc. where they were pushing their products in use. At least some of these practices were not fair, to say the least. But the same can be said for most big tech today.
From that perspective - maybe part of this success was not acquired in a fair way. And unfortunately, we do not live in a perfect or fair world.
With that said, for the most part he deserved his money, earned it.
And was a huge contributor to Microsoft's success without any doubt.
I love this guy, atleast he's a real person and not a robot that simply gets paid billions.
Gotta admire it. Microsoft has had a crazy run.
He singlehandedly brought down Nokia and went back to Microsoft😂.
This man is lightyears from being the “luckiest” billionaire. Many billionaires were just born with it.
It was satya nadella that made him a centibillionaire by growing the company from 300bill to 3trill which catapulted steves net worth from 12 bill to 120bil
I couldn't watch it because of fast changing frames and rotating pictures. Why would you do that?
I’d yell a company’s name for 1 million dollars, set aside billions.
Not to mention that Steve lead the Windows team.
They both got lucky by being in the right place at the right time and that the OS was available and all the factors came into place were mostly luck. So, yes, Steve was just lucky. Did Steve personally develop the products? No. If Steve was missing, Microsoft might not have gotten lucky.
Good point. Add in the fact that most of Microsoft is sort of stolen ideas. Windows wasnt the first, Mac's early interface did it first. Excel was Lotus 123 Spreadsheets. MSWord wordperfect. Bundling a browser to kill browsers. Anyone that remembers the 90's in computers remembers Gates as a really successful copycat thief.
If you think like that everything in the world is only luck
@@boobeshkumar406 No, some of it is plain out copying others and stealing their work. (Xerox PARC anyone?)
@@boobeshkumar406 Yes luck with preparation. there are a lot of brilliant people out there that did not make it
@@boobeshkumar406 There's a reason these people won't have children that are self-made billionaires and it's not b/c their children are stupid. It's b/c their dad's beat them to that market and no, there aren't _always_ such opportunities available elsewhere simply "if you're smart enough. "
Timing is crucial and out of their control. IBM will never again dub a king to corner the nascent market in PC's that MS was able to dominate not b/c they were better but b/c _businesses_ (not consumers) had committed to an eco-system that was not cross compatible by design.
No, these guys aren't stupid by any means, but Ballmer was able to bluster his way through decisions that time and time again frustrated consumers.
He wasn't the innovator for MS projects but he (not only) backed poorly conceived and implemented projects, he shoved them down people's throats when he could have read the writing on the wall and made adjustments before, during or after rollout.
He was "successful" not because of these flawed traits, but because of MS's leverage in the market.
He was extremely smart, he tanked the shares bought in, left and saw the stock rise up.
“$500 for a phone that doesn’t have a keyboard? Bah humbug!”
Steve clearly had contacts, he got lucky thats all.
You don't get to become and stay that rich just by being lucky and well connected. There has to be some insight and work for this.
Well..let's look at it this way:
Would Windows exist without the efforts of Steve Ballmer? If not, then he deserved every single dollar.
He was there for Halo 1, 2, and 3. So in my eyes he deserves every cent.
Myself and millions of other people have good careers thanks to Microsoft. I think he deserves every dollar he earned at MS.
I believe you made an error. The initial deal with IBM also included 50 cents per machine sold with MS DOS and the rights to sell to others.
I've been following your videos for some time and think your videos are great, but you should consider tagging as a chapter your self promotion for Silo for people who wish to skip it.
Thanks for the feedback alejo. I will go ahead and do that starting next video :)
Something not too obvious but anyway real. Despite Windows popularity, Microsoft was not a company the “elite” loved. They were ridiculed for the OS flaws and constantly accused of monopoly. Despite this, Balmer grew the company immensely, they suffered products’ setbacks but also had many more success runs.
And by the way, someone asked me in 1992 which, in my opinion, was the OS of the future and I answered OS2, but I still preferred Windows 3.1
0:17 elon on top? Are we 12 again?
My man invented the elixr of youth
I love his passion, just very genuine.
The term "luckiest billionaire" is a non starter from the get go.
Because whatever we think about billionaires in general, and Steve Ballmer in particular... there are plenty of billionaires out there that inherited their wealth from their family without putting ANY effort into it at all.
This guy was a mental case. Big Time.
If he had been the Louis Litt of Microsoft, then Microsoft would have grown 10x during his tenure. 😆
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remember when he is releseased windows 7 it was a banger under his leadership
I completely disagree that Windows phone was a failure. They may technology during that era that others still have not matched. The main mistake that was made during the Windows phone development was simply that they did not run Android apps. Steve ballmer actually suggested that maybe they should. So maybe the problem with that no one listened to the people that knew what they were talking about.
Lol, he was a vampire who bled the company dry
The credit should go to the developers on this one
Did you already make video about this a few years ago?
The Microsoft and Apple cooperation goes back to early 80s, late 70s. Without MS, Apple would have struggled with a lot of key applications, all made by Microsoft.
After Bill Gates stepped down and he became CEO, he also became the largest shareholder in the company. Bill had already sold most of his shares.
I don't mind how much these guys earn. They made my childhood by the opportunity to explore Windows 98, XP and 7 and to play amazing games on these systems...
That was the best low-key advetisement for the bonds app
No mention that Gates's mother worked for IBM and also took part in securing the deal.
Good report 🎉
why he keep putting in footage of Windows ME (year 2000) for stuff about the 80's lmao
Steve Balmer is the reason Microsoft exists, and an IBM is in the tech giant still
M$ should trademark those sweat marks…
The Biggest Winner.Congratulations you are the winner.
In USA they called Microsoft.
In Malaysia we called MichaelSoft(Bully Movie).
Since I was a teenager, I've always had this perception of Steve Ballmer: A very weak executive for a giant like Microsoft. Microsoft would certainly have gone bankrupt if he had still been CEO!
For many guys like this, joining a fledgling tech company early on before it becomes a massive successful enterprise, there is a certain degree of luck involved - at least being in the right place at the right time.
That said, I don't think Balmer was a very good CEO. I say this because of the many missteps Microsoft made under his tenure; two of the huge ones were blowing it with smartphones (he laughed at the iPhone when it launched) and then the idiotic purchase and sale of Nokia with regards to the Windows Phone platform. It is a real pity because I liked the Windows Phone, but Microsoft barely put any effort into it before they gave up and cancelled the platform.
Some younger people might not remember, but Microsoft had a mobile platform with the older Windows Mobile 6.x devices, but the platform was clunky. The market was literally there for the taking, but they sat on it and eventually Apple came along with massive innovation and won that battle.
Please stop promoting silomarkets/bonds. Or at least make it very clear you're doing that. It's getting annoying
Paid advertising
Appreciate the feedback man. It’s not a 3rd party sponsorship. It’s our own platform. But moving forward I’ll make it more clear when the segment is happening so you can easily skip forward if you’re not interested.
@@LogicallyAnswered do you honestly think its going to be a good platform or yall gonna profit massively while screwing your users....
Huge disagree. Keep promoting your app man. It was literally a 2 second plug. Fuck anyone thats says its “annoying”.
@@LogicallyAnswered🙄OH PLEASE! Hair, keep promoting SILO as there is absolutely nothing wrong with you promoting. If that’s the case, tell the joristube to go after all these TV commercials and stop promoting commercials because “it’s getting annoying”🙄
He earned 112 billion USD mainly because he has been holding his MSFT shares strongly through many darkest days in stock market and economic circumstances.
Him sweating up on stage like that is kinda scary..
Rather than asking whether Ballmer deserves 112 billion, we can equally well ask if Bill deserved his wealth in his heyday. Or if Bezos deserved in his heyday. Or if Zuckerberg or Musk or even the Walton family deserved their billions.
If no one is asking those questions, I see it mighty unfair to question Ballmer fellow.
he was the arnold palmer of piloting android devices.
Someone did a deal with the devil.
I think this is the classic case: "The company was successful not because of him, but in spite of him." and thank you for BING!
Nope.
Company was successful because of him.
@@jeetmehta2254 hahahaha
Difference between Steve Ballmer and Louis Litt is Louis wont let his firm bleed to death even if he's the one that cause the problems.
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Hehe, nice on sir Ballmer.
God bless you.
Dud he casually referred to louis litt from suits
a suits reference? hell yeah!
Steve watching this on a 100" Screen on his 1 Billion Dollar superyacht and enjoying most expensive drinks handed to him by one of his butlers.
He is probably crying because people say he was a bad ceo....not
He was there at Microsoft at the beginning.
You gotta live this guy. Freaking true American!!!!! If I made 100B you’re damn straight I’d buy pro sports teams too!!!!!
Louise Litt of Microsoft, love it!
He absolutely does
Most of MS's big successes today started under Ballmer. His biggest failure was to put Steven Sinofsky in charge of Windows, he screwed over the excellent Windows Phone team and created Windows 8, a total dumpster fire thanks to the way he managed and implemented it. And yes I'm bitter, Windows Phone was the easiest and best phone OS ever, and Android and iPhone copied many of it's best features. But Ballmer blew it on smart phones too.
This is purely a philosophical point of view but I don't think any one deserves a $100 billion plus compensation, and I think this is just an example of how capitalism is failing us.
I finally understand the character from Silicon Valley
Just do something with Clippers!
He looks like real world Homer Simpson.
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All ceo are not engineering or software developer, if his team wasn't able to make and develop a good window mobile, for example, who's the guilty? Under Baller's reign we can't forget Surface that has been sold out Evey year
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