Bill Gates remained in contact with Paul Allen, and he joined him at Honeywell during the summer of 1974. The MITS Altair 8800 was released the following year. The new computer was based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. Gates dropped out of Harvard at this time. He had talked over this decision with his parents, who were supportive of him after seeing how much their son wanted to start his own company. Gates explained his decision to leave Harvard, saying "...if things [Microsoft] hadn't worked out,
Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation (BMGF), previously branded as the 'William H. Gates Foundation', is a private foundation founded by Bill and Melinda Gates. It was launched in 2000, and is said to be the largest private foundation in the United States, holding $50.7 billion in assets. The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and, in the US, to expand educational opportunities and access to information technology. The foundation, based in Seattle, Washington, is controlled by its three trustees: Bill and Melinda Gates, and Warren Buffett. Other