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After that he became even closer to Paul Allen. They learned an artificial-intelligence language together and found odd jobs as programmers. "We were true partners," Gates says. "We'd talk for hours every day." After Gates went off to Harvard, Allen drove his rattletrap Chrysler cross-country to continue their collaboration. He eventually persuaded Gates to become that university's most famous modern dropout in order to start a software company, which they initially dubbed Micro-Soft (after considering the name Allen & Gates Inc.), to write versions of BASIC for the first personal computers. It was an intense relationship...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

Learning BASIC language from a manual with his pal Paul Allen, Trey produced two programs in the eighth grade: one that converted a number in one mathematical base to a different base, and another (easier to explain) that played tic-tac-toe. Later, having read about Napoleon's military strategies, he devised a computer version of Risk, a board game he liked in which the goal is world domination...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

...best friend was Kent Evans, son of a Unitarian minister. "We read FORTUNE together; we were going to conquer the world," says Gates. "I still remember his phone number." Together with Paul Allen, they formed the official-sounding Lakeside Programmers Group and got a job writing a payroll system for a local firm. A furious argument, the first of many, ensued when Allen tried to take over the work himself. But he soon realized he needed the tireless Gates back to do the coding. "O.K., but I'm in charge," Gates told him, "and I'll get used to being...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

Over the years they would have ferocious fights, and Allen would, after a Hodgkin's disease scare, quit the company and become estranged. But Gates worked hard to repair the relationship and eventually lured Allen, who is now one of the country's biggest high-tech venture-capital investors (and owner of the Portland Trail Blazers), back onto the Microsoft board. "We like to talk about how the fantasies we had as kids actually came true," Gates says. Now, facing their old classroom building at Lakeside is the modern brick Allen/Gates Science Center. (Gates lost the coin toss...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

...with Allen, the relationship was sometimes stormy. "Our first major row came when I insisted it was time to hire 17 more people," Ballmer recalls. "He claimed I was trying to bankrupt him." Gates has a rule that Microsoft, rather than incurring debt, must always have enough money in the bank to run for a year even with no revenues. (It currently has $8 billion in cash and no long-term debt.) "I was living with him at the time, and I got so pissed off I moved out." The elder Gates smoothed things over, and soon the new employees...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

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