Tag: Crash

AOL—Crashing

Tags: AOL + Crash + Google + Time Warner

Kevom
Posted by Kevom 2 years 1 month ago; via businessweek.com/innovate...

The Internet service provider's declining fortunes may serve as a cautionary tale, but redemption isn't out of the question.

The company went from being worth around $200 billion in 2001 to an estimated $20 billion today. (AOL values based on estimate and raw guess partly attributed to Google's purchase of five percent of AOL for $1 billion.) It's like the US becoming as economically powerful as Spain by 2011, or similar in dramatic plummet to Britney Spears' Q rating. From its high of over 30 million subscribers, AOL now claims somewhere...

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