Speaking at an event that was hosted by Village Global, the Microsoft co-founder admitted that there is a mistake that he still regrets – and it is letting technology giant Google take the opportunity to launch Android operating system. Gates also spoke about how “the software world, in particular for platforms, are winner-take-all markets.” He spoke particularly about Google‘s operating system saying, “The greatest mistake ever is the… whatever mismanagement I engaged in that caused Microsoft not to be what Android is.” He further added, “That is, Android is the standard phone platform – non-Apple form – phone platform. That was a natural thing for Microsoft to win.” Elaborating it further, Gates said, “It really is winner take all. There’s room for exactly one non-Apple operating system, and what’s that worth? $400bn that would be transferred from company G to company M.” However, the tech entrepreneur also said that while Microsoft is “very strong” in spite of the error, had the mistake not been made, the firm would have been “the leading company” instead of “a leading company.” At the same event, Gates also talked about the sacrifices that he had to make regarding his work/life balance when he was just starting out. He revealed that back then, he did not even believe in the concept of weekends and vacations. He said that he later relaxed his mind-set a bit. He said that once he reached his 30s, he could “hardly even imagine how I had done that. Because by then, some natural behaviour kicked in, and I loved weekends.” It has also been speculated that Gates only slipped to the second position on the world’s richest list because he is very actively involved in charity and even has his own philanthropy organisation. For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date using the Gadget Bridge Android App.

Microsoft co founder Bill Gates has admitted his  greatest mistake  - 2Microsoft co founder Bill Gates has admitted his  greatest mistake  - 14