Bill Gates Form Mysterious New Company
Posted on November 5, 2008
There is a strange new company out there and Bill Gates is behind it. TechFlash reports that Bill Gates has created a mysterious new company called bgC3 LLC. It's described as a sort of "think tank" that will focus on science and technology. That's the company's logo above.
TechFlash says a Gate insider tells them the company is not a commercial venture. It is described as a "vehicle to coordinate the software mogul's work on his business and philanthropic endeavors." It will also "oversee Gates' personal pursuit of breakthrough ideas in science and technology" which means some ideas could end up passed along to Microsoft or the Bill & Melinda Gates Foundation.
Clearly the bg in the logo is for Bill Gates but what's the c3 for? TechFlash says the C stands for catalyst. PC Mag reports that a WSJ post says bgC3 is merely a holding company so Gates can pay employees.
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