Bill Gates reveals his greatest mistake — and he says it cost him billions of dollars

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Bill Gates reveals his greatest mistake — and he says it cost him billions of dollars
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‘If we had gotten that one right, we would be the leading company. But oh, well,’ the Microsoft co-founder said.

“The greatest mistake ever is whatever mismanagement I engaged in that caused Microsoft not to be what Android is,” he told a conference over the weekend. Gates was speaking with Eventbrite co-founder and CEO Julia Hartz at an event hosted for founders by venture firm Village Global. “That was a natural thing for Microsoft to win,” Gates said.

“It really is winner take all. If you’re there with half as many apps or 90% as many apps, you’re on your way to complete doom. There’s room for exactly one non-Apple operating system and what’s that worth?” he added. “If we had gotten that one right, we would be the leading company, but oh well.” Android has 75% of the mobile OS market; Apple’s iOS is at 22.7%; Windows has 0.24%.Gates isn’t alone in acknowledging his biggest mistakes.

Former Apple CEO Steve Jobs, who died of pancreatic cancer at age 56 in 2011, revealed to his biographer Walter Isaacson that his biggest regret was personal. Jobs said his biggest mistake was delaying chemotherapy and surgery for nine months after his diagnosis in favor of alternative medicine. Isaacson said Jobs had “magical thinking. It had worked for him in the past.”

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