He has been the biggest individual seller of Microsoft shares this year, unloading shares worth more than $6 billion, according to the Washington Service, which tracks insider stock sales. Most onlookers speculated he is departing to focus more closely on his own extensive investments. .
The second question I asked was how well did Paul Allen do with his dream of cable? Now, it was May and a cable-industry conference was underway. A few years back, Allen, whose $36 billion fortune made him the third richest person in America, had decided to dabble in cable. Well, maybe more then dabble. He had already spent $18 billion to make cable the lynchpin of his plan to change the way people communicate. Since 1974, he"d been dreaming of a world where everyone was connected through machines, whether it was through a computer, a television, a handheld gizmo, or some other unforeseen means. .
In the 1990s, all kinds of things would take place. New kinds of entertainment, shopping, and socializing would be born. Cable was one way of connecting people. Now, in 2002, he"d invited dozens of business executives and politicians to a party to introduce them to Digeo, the company he was backing that he believed would finally deliver his wired world. Digeo, which was also the name of a device equipped with fancy interactive-television features. Allen was pulling out all the stops now because he was anxious to stir up excitement around Digeo, which to his mind was going to turn the cable box into something truly interactive. Here he was at a cable show as one of the most powerful people in cable, thanks to his ownership of the country's fourth-largest cable company, Charter Communications. .
The third question I asked was how well did Paul Allen do on his own? Paul Allen worked hard to bring back many companies that were at the cutting edge of technology and had many ideas. One of his most recent companies Asymetrix's first products was the portable personal assistant that Paul envisioned.