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I'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 wa
by fennecfoxen 5y ago
I'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.