Thanks for the question. The 64&#x2F;36 is pre-VC-investment, and the story could have explained that better.<p>Marquardt&#x27;s venture firm, TCI bought 5% of Microsoft in 1981. Link is here: <a href="http:&#x2F;&#x2F;www.techntechie.com&#x2F;early-investors-in-microsoft-you-would-love-to-know.html" rel="nofollow">http:&#x2F;&#x2F;www.techntechie.com&#x2F;early-investors-in-microsoft-you-...</a><p>I&#x27;m thinking that the Gates&#x2F;Allen stake settles post re-org at 79% once TCI is invested. That gets the percentages to add to 100% (always wise.)