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This was during the dotcom bubble and AOL/Time Warner need to optically look like they were doing something relevant with the internet to justify their valuatio
by lorecore 5mo ago
This was during the dotcom bubble and AOL/Time Warner need to optically look like they were doing something relevant with the internet to justify their valuation. It was pure messaging, with a bit of killing a threat on the side.
- ConceptJunkie 5mo agoTheir whole business model at the time seemed to be "making dubious acquisitions".
- giantrobot 5mo agoThey lost money on every transaction but intended to make it up with volume.