March 21, 2011, 11:53 AM — Hopefully this has nothing to do with a federal judge dismissing Paul Allen's patent-infringement lawsuit against the world last December.
I'm sure the decision disappointed the billionaire Microsoft co-founder, but Allen would be best advised to exhaust the appeals process before taking a fighter plane up for a sortie of revenge.
According to HeraldNet, Allen's Vulcan Warbirds Inc. purchased a Russian-made MiG-29 fighter jet earlier this month. Allen is an aviation buff and has a collection of vintage airplanes.
The jet is temporarily on display at Allen's Flying Heritage Collection at Paine Field in Everett, Wash.
HeraldNet writes, "As soon as the weather is right, paperwork is completed and a qualified pilot can travel to the area, the jet will be flown to an undisclosed location, said Liz Davidson, manager of the collection."
Undisclosed location? Uh-oh.
I hope this doesn't start a trend where every billionaire runs out and buys his own fighter jet. Some of these rich guys are real hot-heads.
Chris Nerney writes about the business side of technology market strategies and trends, legal issues, leadership changes, mergers, venture capital, IPOs and technology stocks. Follow him on Twitter @ChrisNerney.