Bill Gates 26.2 million dollar investment in America's largest gay website

Beijing Time July 4 News, according to foreign media reports, the United States's largest gay website Gay.com's parent company PlanetOut released news that the company has been Microsoft's chairman Bill Gates 26.2 million dollar venture capital. The report said Cascade Investment Company (Cascade) was planetout in the list of institutions involved in investment.　　Cascade, the owner of the company, is Microsoft's chairman Bill Gates. PlanetOut has a website for gay-oriented information and services such as Gay.com, and has acquired a number of media for gays.　　PlanetOut was traded on Nasdaq in the United States in October 2004 and was the first gay-oriented company to list on major stock markets.　　Cascay is headquartered in a small, humble building in Kirkland, Washington, USA, not too far from Microsoft's headquarters in Seattle northeast. As of March 31, the company held 11 shares listed on the New York Stock Exchange and Nasdaq, with a total market value of nearly $3.7 billion, according to a 13F information disclosure document submitted by Cascade to the SEC May 15. Last June 30, the company announced a stock portfolio of about $3.4 billion trillion, which has grown 8.82% in less than a year.