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What factors helped Bill Gates found Microsoft?

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In 1975, together with his childhood friend Paul Allen, Gates developed a version of the programming language BASIC for the first microcomputer – the MITS Altair 8800. ... They officially established Microsoft' on 4 April 1975, with Gates as the CEO. Gates never returned to Harvard.

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In 1987, the year after Microsoft went public, 31-year-old Gates became the world's youngest billionaire. Gates and Allen started Microsoft—originally called Micro-Soft, for microprocessors and software—in order to produce software for the Altair 8800, an early personal computer.

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