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Feature
Story
Paul
Allen & His SpaceShipOne Investment Microsoft
co-founder Paul Allen, center, shakes hands with
test pilot Brian Binnie as Burt Rutan, founder of
Scaled Composites, looks on at right
MOJAVE, California (AP) -- A rocket plane broke the
sound barrier during its first powered flight, but
the achievement was marred by a partial landing
gear collapse that caused it to veer off a desert
runway. SpaceShipOne test pilot Brian Binnie was
not injured, and the builder, Scaled Composites
LLC, said damage to the craft will be easily
repaired. The company said the test on Wednesday
was a milestone because it marked the first manned
supersonic flight by an aircraft developed by a
small company's private, non-governmental
effort.
-----The
craft is being developed by famed aviation designer
Burt Rutan for flights to altitudes of 62 miles
above Earth. The flights would be suborbital: high
enough to be in space but not fast enough to be in
orbit.
-----
SpaceShipOne
was developed in secret for two years before it was
unveiled in April.Microsoft co-founder Paul Allen
told The Associated Press Wednesday that he is
backing the project. He put the size of his
investment in the "tens of millions" of
dollars.
-----
"It's
just an amazing thing," Allen said. "It shows what
private technology can do when you've got really
creative people trying to push the boundaries of
what's possible."
-----
SpaceShipOne
was carried by a specially designed jet aircraft to
an altitude of 48,000 feet Wednesday morning before
being released.
-----The
craft was traveling near Mach 1.2 when the rocket
shut down after firing for a total of 15 seconds.
Binnie then put the craft into a vertical climb
that topped out at 68,000 feet, the company said
Binnie reconfigured the craft to its conventional
shape and glided to touchdown when the left landing
gear collapsed.
-----Success
could bring Rutan a $10 million prize pledged to
the first privately funded manned space flight. His
cutting-edge designs include the first plane to
make a nonstop, unrefueled flight around the
world.
///
Richard
Branson Virgin Records - THE SECRET KEEPER /
Paul Allen / THE INVESTOR 2004/2005
Richard
Branson Virgin Records says, "Private
spaceships need private money." It's no different
for the design, building and testing of
SpaceShipOne. While the craft and the existence of
a commercial, piloted space program were revealed
by Rutan in April of last year, the person who was
backing the venture with cash was a deep secret.
While it was Richard Branson Virgin Records logo on
the tail of the air ship that drew a lot of
attention, it was Branson's saying that "Private
spaceships need private money" -- that won the
heart of Paul Allen. He put his money where his
heart was.
-----Investor
and philanthropist, Paul G. Allen quietly footed
the bill on the work, joining forces with Rutan
back in March of 2001. It was only in December of
last year when SpaceShipOne first cracked the sound
barrier that the long-rumored sponsor broke the
silence barrier.
-----But
how much money Allen has shelled out on
SpaceShipOne remains hush-hush.Spirit of
innovationAllen is not a new arrival when it comes
to innovation, technology, space exploration Ð
and spending his cash.
-----Allen
co-founded Microsoft Corporation with Bill Gates in
1975 and served as the company's executive vice
president of research and new product development,
the company's senior technology post, until
1983.
-----Today,
Allen owns and invests in a suite of companies,
with a portfolio focus on digital communications,
new media, biotechnology, and entertainment. His
primary companies include Vulcan Inc. of Seattle,
Washington.
-----One
of the top 15 philanthropists in America, Allen
explains that the private rocket plane initiative
captures the spirit of creativity and exploration
seen in aviation." SpaceShipOne is a tangible
example of continuing humankindÕs efforts to
travel into space, and effectively demonstrating
that private, non-government resources can make a
big difference in this field of discovery and
invention,"
-----
Allen
explained the day he was spotlighted as backer of
the venture.SETI supporterAllenÕs interest
in space goes well beyond the bounds of the
suborbital. One could say his passion for
out-of-this-world projects can be measured in
astronomical units too.Last March, the SETI
Institute announced that Allen had committed $13.5
million to support the construction of the first
and second phases of a unique, multiple use radio
telescope array.
-----
The
SETI Institute is a leading astrobiology
institution with the mission of exploring the
origin, nature and prevalence of life in the
universe. The hardware project is branded as the
Allen Telescope Array (ATA).
-----When
construction is completed late in the decade, the
ATA will eventually consist of a cluster of 350
20-foot (6.1-meter) dishes. A slice of the full-up
ATA is scheduled to begin conducting scientific
investigations by the end of this year - making use
of 32 dishes.
-----As
part of its duties, the ATA will search for
possible signals from technologically advanced
civilizations elsewhere in the galaxy. The ATA is a
partnership between the SETI Institute and the
Radio Astronomy Laboratory (RAL) of the University
of California, Berkeley.Construction of the ATA is
underway at the Hat Creek Observatory, northeast of
San Francisco on a site operated by the RAL and in
an area that is "radio quiet" Ð meaning there
is a reduced level of interfering signals from
human-produced sources.
-----Changing
the landscapeThe SETI announcement in March follows
the successful completion of a three-year research
and development phase which was originally funded
by an $11.5 million gift from the Allen Foundation.
"I am very excited to be supporting one of the
world's most visionary efforts to seek basic
answers to some of the fundamental question about
our universe and what other civilizations may exist
elsewhere," Allen explained in a press
statement.
-----Allen
said he was a big proponent of leveraging
revolutionary technology and design and applying it
to important problems in science. The developments
taking place with the ATA will not only enable "a
lot of bang for our research and development buck,"
but it will also change the landscape of how
telescopes will be built in the future, he stated.
"An instrument of this magnitude, which will result
in the expansion of our understanding of how the
universe was formed, and how it has evolved, and
our place therein, is the reason I am the primary
supporter of its development, design and
construction," Allen said.Seeing through Purple
HazeWhile backing space ships and listening for
alien intelligence, heÕs involved in a
personal array of other undertakings.
-----For
one, AllenÕs early admiration of science
fiction has manifested itself in The Science
Fiction Museum and Hall of Fame. It opens in
Seattle on June 18.
-----Allen's
view is that sci-fi inspires critical thinking
about society, history, culture and politics. The
new collection has been created "to inspire new
generations to reach beyond the present, imagine
the future and explore the infinite possibilities
of the universe," according to a museum press
statement.
-----Then
thereÕs the Experience Music Project (EMP),
a 140,000-square-foot interactive music museum
located at the Seattle Center. Also founded by
Allen, this activity was spurred by his early
fervor for legendary rock musician, Jimi Hendrix.
The result: Amassing the world's largest collection
of Hendrix memorabilia.
-----The
Hendrix album of 1967, Are You Experienced?,
contains the song "Purple Haze" that proclaims:
"'Scuse me while I kiss the sky".Jimi Hendrix
envisioned a place that he called Sky Church, Allen
notes, where all people, regardless of age,
background or interests, could come together to
celebrate music. EMP's Sky Church brings this idea
to life.EMP's collection includes more than 80,000
artifacts that helped shape music history,
including musical instruments used by artists such
as Bob Dylan, Bo Diddley, Muddy Waters and Kurt
Cobain.SpaceShipOne: Complete Coverage
////
Center
Page Paul
Allen Lifetime Achievement & His Endowment Fund
OVER
TWENTY FIVE YEARS AGO, that's when a Honeywell
engineer living in Boston was browsing through the
January issue of Popular Electronics, when he
noticed a story about the MITS Altair 8800, the
first well-publicized personal computer.
-----He
went to a high school friend, then attending
Harvard, and suggested they port a version of the
BASIC language that they had written in high school
to this new machine.
-----The
two men were Paul Allen and Bill Gates, and the
rest, of course, is history. The company they
created to sell that software was Microsoft,
undoubtedly the most influential force in the
history of personal computing.
-----Even
when others were focusing on hardware, Gates and
Allen had a vision of software as a force of
crucial importance in the computer industry and as
a potentially huge business. Soon, the company was
selling BASIC and other languages on many different
platforms. In 1980, IBM hired Microsoft to produce
PC-DOS, an OS that Microsoft resold as MS-DOS.
-----From
there, Microsoft's successes have been legendary.
It was one of the first companies to aggressively
develop Macintosh software, giving it an entry into
the design of products for environments with a
graphical user interface. A]ong the way, the
company broadenedits line to include everything
from operating systems to entertainment
software.
-----Not
everything was successful immediately, but
Microsoft gained a deserved reputation as an
extremely tough and aggressive company that would
try and try again.
-----Perhaps
its greatest success has been in moving the entire
PC industry from the character-oriented world of
DOS to the graphical world of Windows. which first
shipped ten years ago. Despite limited initial
success and competition from other graphical
systems, Microsoft continued developing Windows.
Its runaway success began with Windows 3.0 released
in May 1990, and it has reached new heights in the
Windows 95 juggernaut we saw this year.
-----Microsoft
leveraged its successes into other areas as well,
combining its Word, Excel, PowerPoint, and Access
products into the awesomely successful Microsoft
Office applications suite. It has also created a
huge line of consumer titles.
-----Gates
bas headed the company throughout its life,
providing both business and technical leadership.
Allen left the company in 1983 but has remained on
the board of directors. Since then, he has founded
or been a major investor in a variety of innovative
and successful computer ventures, including
Asymetrix Corp., c/net: the computer network,
Interval Research Corp., and Starwave Corp. With
their technical leadership and vision going back 20
years, Bill Gates and Paul Allen have made an
immeasurable contribution to the PC industry.
-----Lundi,
le 23 août 1999, La Presse Gates a
donné 15 milliards à sa fondation. Sa
fortune est de 90 milliards de US$. From PC
Magazine 135,
Paul
G. Allen family Fund -----Dramatic
natural beauty, open spaces, and a distinctive
history lend the Pacific Northwest a special
sensibility. Open-mindedness, individualism, a
willingness to take risks&emdash;these are our
natural resources too. Having made the region our
home for many years, the Allen family has a deep
commitment to improving the quality of life here,
and we do so in a way that reflects that
Northwestern spirit.
-----When
we opened Vulcan's offices in 1986, our first order
of business was to establish a charitable
foundation that would address some of the needs we
saw in our community. Despite our enthusiasm, we
knew we couldn't take on all the work
ourselves.
-----Dramatic
natural beauty, open spaces, and a distinctive
history lend the Pacific Northwest a special
sensibility. Open-mindedness, individualism, a
willingness to take risks—these are our
natural resources too. Having made the region our
home for many years, the Allen family has a deep
commitment to improving the quality of life here,
and we do so in a way that reflects that
Northwestern spirit.
-----When
we opened Vulcan's offices in 1986, our first order
of business was to establish a charitable
foundation that would address some of the needs we
saw in our community. Despite our enthusiasm, we
knew we couldn't take on all the work ourselves. We
decided that supporting nonprofit organizations
already conducting good work would be the smartest,
swiftest method to achieve results. That long-ago
decision has been an enduring one; funding
effective organizations remains the premise from
which our foundation
operates.
-----But
recent changes in the national economy have harshly
impacted America's nonprofit organizations, making
philanthropy more critical to their survival than
ever before. To make the most of our resources and
give the most effective support to nonprofits in
our region, we now take a more comprehensive and
systematic approach to our charitable giving.
-----
We weigh the
risks against the potential for a good return. We
consider the leadership and track record of the
organizations we support. And we offer our
collaborative counsel as they plan their strategies
for success. We undertake these tactics because we
have a vested interest in the outcome: our
grantees' success means progress towards an
improved quality of
life.
-----This
emphasis on measurable success brought changes to
our Foundation's program structure this year. Much
of our funding will still embrace areas we have
always supported, but our new configuration aligns
them into four priority areas including:
Nurturing the
arts and cultural endeavors;
Engaging
children more deeply in the learning
process;
Responding to
the needs of vulnerable populations;
and
Advancing
scientific and technological discoveries that
expand our understanding of the
universe.
-----
We believe
these priorities are fundamental to building
healthy communities and advancing social progress.
In addition, our intent is to transcend existing
boundaries of knowledge and inspire new ways of
thinking.
-----We
think the Foundation's newly targeted approach and
alignment will have a profound impact on the work
our grantees can accomplish—translating into
opportunities for personal and artistic inquiry,
academic achievement, community development,
scientific breakthroughs, and
more.
-----For
nearly fifteen years, our Foundation has acted as a
catalyst for learning, discovery and achievement in
the Pacific Northwest. In the new century, we hope
our work will extend beyond this time and place—improving
the lives of generations to come.
Paul G.
Allen Jo Allen
Patton
///
Paul
Allen, born,
January 21, 1953
,
Net
Worth: $21 bil
Country
of citizenship: United States
Residence:
Mercer Island, WA, United States
Industry:
Software
Marital
Status: single
Paul
G. Allen (born January 21, 1953) is an entrepreneur
who first established himself by co-founding
Microsoft Corporation with Bill Gates. He regularly
appears on lists of the richest people in the
world; as of 2004 he is ranked by Forbes magazine
as the fifth richest, worth an estimated $21
billion, $5 billion of which is in Microsoft
stock.
///
Chairman,
Vulcan Northwest (2003 No. 11 / 2005
)
NET
WORTH $21 billion
Born: 1953
ADDRESS www.paulallen.com
Paul
Allen knows what he likes, and he buys it. A
150-ft. yacht, an Impressionist art collection, the
Seattle Seahawks. But when it comes to tech,
Allen's particular taste really gets him places.
After co-founding Microsoft in 1975 and engineering
such breakthrough products as MS-DOS and Word,
Allen left the company in 1983 to battle Hodgkin's
disease. Since then he has practiced an investment
strategy based on his vision of a "wired world,"
linking entertainment with technology.
1998
POWER PLAY These days, like Gates, Allen is betting
on the potential of cable in the years ahead. In
April he gobbled up Marcus Cable, the nation's 10th
largest cable company, for $2.8 billion--his
biggest investment to date. Also this year Allen
grabbed a stake of the Internet video-sales market
with his purchase of Hollywood Entertainment. And
he took another software group public. This time
it's Asymetrix Learning Systems, maker of products
for online classes.
PLACE
YOUR BETS You can't invest in Vulcan Northwest, but
you can invest in Allen's ideas. His investment
strategies are already proving as prescient as his
work on a little program called Windows back in
1983. Get your own stake in some of his picks such
as reel.com, U.S. Satellite Broadcasting and
wireless-networking company Metricom.
Images
Paul Allen (left) and Burt Rutan discuss results of
a recent test flight of SpaceShipOne.Business end
of SpaceShipOne includes hybrid rocket motor, along
with a novel tail section.
-----
CREDIT:
Scaled Composites Pilot Mike Melvill controls
SpaceShipOne during sixth glide to a desert landing
strip. CREDIT: Scaled CompositesMojave Airport is
headed for spaceport status. Image Courtesy: Mojave
AirportJust after landing Space ShipOne on May 13
flight.
-----
Pilot
Mike Melvill describes the experience while Scaled
Composites chief Burt Rutan and crew chief Steve
Losey listen. Note color stripes on leading edge of
wing to measure aerodynamic heating on the craft's
thermal protection system. Scaled
Composites
More Media
Investor and philanthropist Paul G. Allen creates and advances
world-class projects and high-impact initiatives
that change and improve the way people live, learn,
work and experience the world through arts,
education, entertainment, sports, business and
technology.
-----
He co-founded Microsoft with
Bill Gates in 1976, remained the company's chief
technologist until he left Microsoft in 1983, and
is the founder and chairman of Vulcan Inc. and
chairman of Charter Communications (a broadband
communications company).
-----
In addition, Allen's
multibillion dollar investment portfolio includes
large stakes in DreamWorks SKG, Oxygen Media and
more than 40 other technology, media and content
companies. Allen also owns the Seattle Seahawks NFL
and Portland Trail Blazers NBA
franchises.
-----Named
one of the top 10 philanthropists in America, Allen
gives back to the community through the Paul G.
Allen Family Foundation, whose mission is to
transform lives and strengthen communities by
fostering innovation, creating knowledge and
promoting social progress.
-----
Allen is also the sponsor of
SpaceShipOne, the first civilian effort to
successfully put man in suborbital space; founder
of Experience Music Project, Seattle's critically
acclaimed interactive music museum; the Science
Fiction Museum and Hall of Fame; the $100 million
Allen Institute for Brain Science and its
cutting-edge Allen Brain Atlas initiative, and
Vulcan Productions, the independent film production
company behind Todd Haynes' Far From Heaven,
the Evolution series on PBS, and the
award-winning film series, The Blues,
executive produced by Martin Scorsese in
conjunction with Allen and Jody Patton
///
About
Paul Allen and the Bill Gates / Microsoft Link When Allen
teamed up with Gates that Microsoft was created.
-----
Allen was born
on January 21, 1953 in Seattle and met Gates at
Lakeside prep school when they were both students
attending the school. Lakeside prep had recently
decided to acquaint its students with the world of
computers, but, since computers were extremely
expensive, had a fundraiser to purchase computer
time on a DEC PDP-10 owned by General Electric.
-----
It was on this
computer that Gates, Allen, and a few other
Lakeside students discovered computing, and, soon
thereafter, programming. The young boys used up all
the computing time the school had purchased and
began falling behind in their
classes.
-----Luckily
for the boys, Computer Center Corporation opened
and struck a deal with Lakeside prep so that the
school could use their computer at discounted
prices. Gates and Allen quickly became hackers:
causing the system to crash, breaking the
computer's security system, and even altering files
that recorded the amount of computer time they were
using.
-----
Once
discovered, the boys were banned from the Computer
Center Corporation for several weeks. This,
however, turned out to be a blessing for both the
Computer Center and the boys. When the Center began
having problems with their computers and business
was beginning to suffer, the company, impressed
with their abilities, decided to hire the boys to
find bugs and expose weaknesses in the system. In
turn the boys would receive unlimited computer time
use.
-----After
a few years and a handful of small business
ventures, Gates and Allen decided to start their
own company: Traf-O-Data. They built a small
computer that was used to help measure traffic
flow; they grossed about $20,000 from this project.
-----
Allen enrolled
in Washington State University, and Traf-O-Data
lasted until Gates moved back east to attend
Harvard. The two young men stayed in close contact
and, eventually, Allen moved closer to Gates in
order to act on some of their ideas.
-----
Allen
encouraged Gates to open a software company with
him, but Gates remained unsure until Allen came to
him with an issue of Popular Electronics. On the
cover of the magazine was a picture of the Altair
8080 with a headline the read, "World's First
Microcomputer Kit to Rival Commercial
Models."
-----Gates
and Allen recognized this as their opportunity
because they knew that the home computer market
would soon explode. Within a few days Gates
contacted the makers of the Altair, Micro
Instrumentation and Telemetry Systems (MITS), and
convinced the company that he and Allen had
developed a BASIC that could be used on the Altair.
-----
Although they
had done nothing of the sort, MITS believed them,
and the young men set to work on producing what
they had promised. Neither Allen nor Gates had ever
even seen an Altair, but, nevertheless, in eight
weeks, the men took their program to MITS.
-----
The first time
that they tested their BASIC would be during their
presentation to the company; if something in the
code was faulty, now would be the time they
discovered it. Luckily, the program worked and MITS
immediately purchased the rights to their BASIC.
Allen and Gates knew that the software market had
been born, and, within a year, Gates had dropped
out of Harvard and he and Allen had founded
Microsoft.
-----Allen
contributed to the company from the beginning and
was still around to discuss graphical user
interfaces, and thus plant the seeds of what would
eventually become Windows. However, he was forced
to leave Microsoft in 1983, after developing
Hodgkin's disease. Allen has been awarded the
Life-Time Achievement Award by PC Magazine, and was
recently inducted into the Computer museum Hall of
Fame.
Paul Allen to Take
on New Role As Senior Strategy Adviser to
Microsoft
Allen and
Hackborn Will Not Seek Re-election to Microsoft
Board
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