Celebrating 30 years of innovation! On May 3, 1984, as a 19-year-old University of Texas freshman, Michael Dell founded a new computer business with $1,000 under the name of PC’s Limited. He had a game-changing vision for how technology should be designed, manufactured and sold. Dell left UT at the end of his freshman year to devote all of his time to growing the business, which completed its initial public offering in 1988 and was a full-fledged Fortune 500 company by 1992. In 2013, Dell returned to its entrepreneurial roots and became a private company under the leadership of Michael Dell.