Kim Forrest, founder, chief investment officer at Bokeh Capital Partners, joins BNN Bloomberg for her outlook on the tech industry, and why she sees opportunity in the semiconductor space.
Prompted by BNN Bloomberg anchor Catherine Murray, Kim Forrest launches into an explanation that might irk many who are familiar with the story (starting 03:20):
I’ll tell ya, I will never forget. I was on vacation actually when the ruling came down so I had to, you know, hop on a phone call from the beach. But here’s what happened: Microsoft was very - I guess - a little bit late to the party with a browser and believe it or not people actually used to have to pay for the browser until Microsoft gave it away free, OK? And that’s kind of their power to do that, they own your desktop, they own your PCs operating system. They came under the scrutiny of regulation here and I think everybody, including Microsoft, thought they were going to be split in two, where they had the systems - the operating systems on one side, that would be split off, and then all the other stuff: Excel, Word, the browser, would be somewhere else, so that they had diffused the power.
See https://en.wikipedia.org/wiki/Browser_wars#First_Browser_War_(1995%E2%80%932001)
