Bill Gates Form Mysterious New Company November 5, 2008
TechFlash reports (via ReadWriteWeb) that Bill Gates haas created a mysterious new company called bgC3 LLC. It's described as a sort of "think tank" that will focus on science and technology. That's the company's logo on the right.
Public documents describe the new Gates entity -- bgC3 LLC -- as a "think tank." It's housed within a Kirkland office that the Microsoft co-founder established on his own after leaving his day-to-day executive role at the company this summer.
Is this Bill Gates' next big business? A Gates insider gives an emphatic no -- saying it's not a commercial venture but rather a vehicle to coordinate the software mogul's work on his business and philanthropic endeavors.
However, bgC3 will also oversee Gates’ personal pursuit of breakthrough ideas in science and technology. The insider said the goal isn't necessarily to create new companies, although ideas could be passed along to Microsoft, the Bill & Melinda Gates Foundation -- or others - as it makes sense.
Whatever the ultimate role of the company, the circumstances surrounding its creation provide a behind-the-scenes glimpse into the new era of Gates' life.
Clearly the bg in the logo is for Bill Gates but what's the c3 for? TechFlash says the C stands for catalyst. PC Mag reports that a WSJ post says bgC3 is merely a holding company so Gates can pay employees. There's also a bgC3 website here that just has a big logo.
TechFlash 
