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> However the natural follow-on question is did AOL actually get $10B worth of value out of owning Netscape. I suppose that at this point it is lost in the dig
by danans 5y ago
> However the natural follow-on question is did AOL actually get $10B worth of value out of owning Netscape.
I suppose that at this point it is lost in the digital accounting noise, but I bet there are some people left who saw it happen and have a perspective on it.
- fennecfoxen 5y agoI'd say AOL got $10B out of owning Netscape, and then some. They bought Netscape in 1998 and, riding the hype wave, were able to buy Time Warner in 2000 — it was valued at $182 billion, but they paid nothing but AOL shares, which soon demonstrated their near-worthlessness.