Bill Gates with the Office of the Secretary of the State of New Mexico. Gates never returned to Harvard to complete his studies. Microsoft's Altair BASIC was popular with computer hobbyists, but Gates discovered that a pre-market copy had leaked into the community and was being widely copied and distributed. In February 1976, Gates wrote an Open Letter to Hobbyists in the MITS newsletter in which he asserted that more than 90 percent of the users of Microsoft Altair BASIC had not paid Microsoft for it and by doing so the Altair "hobby market" was in danger of eliminating the incentive for
Wall Street Magnate its app in the App Store and Google Play store. As of December 2016, Wall Street Magnate's app has received over 100,000 downloads. Since the release of its app, hundreds of university and high school investment clubs have begun using Wall Street Magnate. The University of North Carolina teaches its Stochastic Models in Finance course using the platform, and high school teachers in Pennsylvania, Connecticut, Maryland, Florida, Texas and California have incorporated the platform into their classrooms. Beginning in June 2016, Wall Street Magnate started partnering with financial media outlets to run fantasy stock trading competitions. Wall Street Magnate Wall