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Home Technology & Startups

Steve Jobs was a genius in this area

February 8, 2025
in Technology & Startups
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Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you find your favorite podcasts.

Time usually gives way to perspective and appreciation.

That’s where I found Microsoft (MSFT) co-founder Bill Gates to be in a recent chat about his onetime rival, the late Apple (AAPL) co-founder Steve Jobs.

“Steve was very different than I was, I mean, in terms of intuitive sense of a good user interface, and how you do design. He had that and I didn’t — I envy how genius he was at that,” Gates told me on Yahoo Finance’s Opening Bid podcast (video above; listen in below).

“But he was not an engineer. He would not know what source code was. He didn’t really know about chip design, although his ability to pick people who worked in those areas was amazingly good.”

Jobs co-founded Apple in 1976, was ousted in 1985 by its board and CEO John Sculley, and returned in heroic fashion to revitalize the company in 1997.

That’s when a tighter bond between Jobs, the obsessive designer, and Gates, the obsessive engineer, was formed.

Jobs was onstage at the MacWorld event, decked out in a black vest and dark jeans, when he announced a new partnership with Microsoft that came along with a $150 million investment.

Microsoft promised to develop its Office apps for the Macintosh computer for at least five years. They also agreed to make Microsoft’s Internet Explorer the default web browser for the Mac.

Gates says Jobs learned a good bit about engineering from him and his Microsoft teams.

Watch: What this former Apple board member learned from Steve Jobs

“Steve would say something like, okay, I don’t want any software to have manuals, which, okay, that’s a nice thing to say. But actually we still did need to have help and some documentation. So we got kind of the best of both worlds where he would push, and I had engineering teams that we really had to do the work,” Gates said.

Jobs died in October 2011 of cancer, but he left a lasting impression on the world through game-changing products like the iPhone, iPad, and App store.

Today, Apple is valued at $3.44 trillion, according to Yahoo Finance data. Microsoft’s market cap stands at $3.04 trillion.

With Microsoft turning 50 this year and a newly released book about his life called “Source Code: My Beginning,” it’s no surprise that many want to take a deeper look at what makes Bill Gates tick.

In the book, Gates chronicles his upper-middle-class childhood in Seattle up to the very start of Microsoft in 1975 alongside friend and co-founder Paul Allen. The book has a few stories that would come as a surprise to Microsoft investors, besides the tale of Gates first meeting a brash Jobs at a conference in the late 70s.

“Yes, that is correct,” Gates said when asked whether an older Allen gave a younger Gates the drug acid to try as a teen.

Added Gates, “Paul was responsible for all sorts of things. I mean, my first time I got drunk, the first time I smoked marijuana. You know, he kind of got a kick out of seeing my kind of zany high energy and you know, how it might be influenced. I gave that stuff up pretty quickly because I like my brain to be working.”

In “Source Code,” he credits his highly supportive parents, Mary and Bill Sr. — especially his super-organized and goal-driven mother — for a large part of his success.

“If you had to pick one person who shaped me in my desire to please and succeed, that’s absolutely my mom,” he said. “My parents were both amazing, but my mom was around all the time telling me to fix my manners and to get dressed and be on time.”

He and Allen — who died in 2018 from non-Hodgkin lymphoma — saw plenty of success at Microsoft, which continues to innovate in a highly competitive tech landscape.

Three times each week, I field insight-filled conversations and chats with the biggest names in business and markets on Opening Bid. You can find more episodes on our video hub or watch on your preferred streaming service.

Brian Sozzi is Yahoo Finance’s Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram and on LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com.

Click here for the latest technology news that will impact the stock market

Read the latest financial and business news from Yahoo Finance

Tags: Bill GatesMicrosoftMicrosoft teamsSteve Jobs
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