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
University of Waterloo Conrad School of Entrepreneurship and Business to Waterloo in October 2005, Microsoft co-founder Bill Gates stated, "Most years, we hire more students out of Waterloo than any university in the world, typically 50 or even more". University of Waterloo Conrad School of Entrepreneurship and Business Conrad School of Entrepreneurship and Business (The Conrad School) is part of the Faculty of Engineering at the University of Waterloo. Located in the city of Waterloo, Ontario, Canada, the Centre was developed to support and expand Waterloo's culture of entrepreneurship through four key initiatives: The Master of Business, Entrepreneurship and Technology (MBET) program; professional development programs; research; and undergraduate-level activities.