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That's some crazy math and economics you got there. First of all, revenues are not profits. That's not the money AOL gets to keep. AOL's expenses eat most of t
by olegkikin 16y ago
That's some crazy math and economics you got there.
First of all, revenues are not profits. That's not the money AOL gets to keep. AOL's expenses eat most of the revenues (http://www.google.com/finance?q=NYSE:AOL&fstype=ii http://www.google.com/finance?q=NYSE:AOL&fstype=ii), even in good quarters.
But let's say, AOL had $2.7B. You add $500M-$1B to it. You are nowhere near the $10B you need.
- bl4k 16y agoThat is the point, they just need the deposit for the LBO I didn't link revenue to the money they need for an LBO