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AOL to be sold to Bending Spoons for $1.5B

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Re: AOL to be sold to Bending Spoons for $1.5B

#61

I'm still using an email that is one of the AOL domains, mostly for accessing legacy sites that were around at that time. I lost access to it during an iPhone upgrade, I paid $12.95 or something for a 'premium' membership that allowed me to have the password reset by a REAL LIVE PERSON.

> I'm still using an email that is one of the AOL domains

ProTip: Honestly, just buy your own domain, control your own email address(es)...

Re: AOL to be sold to Bending Spoons for $1.5B

#62

They bought Komoot, laid off 80% of the staff, but they still did a major redesign of the app and website afterwards. I expected outages, but so far it works like before.

This might just be an accounting trick.

A lot of mature products act as a lottery ticket printing machine for the rest of the company - spend the cash on some other concept and hope that new thing becomes a stand alone product on its own.

Now that komoot is owned by a parent company, instead of printing lottery tickets that other employees are scratching off, the cash is being sent up to the parent company, who may just have employees in another entity being funded by the money from komoot.

Re: AOL to be sold to Bending Spoons for $1.5B

#63

I'm still using an email that is one of the AOL domains, mostly for accessing legacy sites that were around at that time. I lost access to it during an iPhone upgrade, I paid $12.95 or something for a 'premium' membership that allowed me to have the password reset by a REAL LIVE PERSON.

> I'm still using an email that is one of the AOL domains ProTip: Honestly, just buy your own domain, control your own email address(es)...

> > mostly for accessing legacy sites that were around at that time.

Re: AOL to be sold to Bending Spoons for $1.5B

#65

Earlier quoted context omitted.

"Unexamined legacy subscriptions paid without a thought," is another way of saying, "Has too much money." If this is a widespread Boomer phenomenon, it explains a lot. I still kick myself for spending 6x MVNO pricing on my cell phone plan with a legacy carrier whose features I didn't need.

> "Unexamined legacy subscriptions paid without a thought," is another way of saying, "Has too much money." I constantly see ads for services like RocketMoney which helps people find and cancel subscriptions. I could arguably be in the "too much money" camp, but I couldn't imagine seeing an unknown/unused charge on my credit card bill and not immediately cancelling it. Nonetheless, RocketMoney seems like a widely use…

Doesn't help that sometimes the charges are coded like *TST VENDOR ACCT #1541*

I don't go over my bill every month but get a notification upon every new charge, and sometimes the only way I know that a charge I just put on at a store is the same one I got a notification for is because the charge amount is some relatively unique number.

Re: AOL to be sold to Bending Spoons for $1.5B

#66

Earlier quoted context omitted.

In addition to ads on their web properties, they still have a sizeable (though aging) userbase that they milk for unnecessary services. I cancelled my mom's AOL subscription years ago and they were charging something like $25/mo when the only thing she used was their (free) email service -- though of course during the cancellation they touted things like antivirus and ID theft protection that she apparently had acces…

"Unexamined legacy subscriptions paid without a thought," is another way of saying, "Has too much money." If this is a widespread Boomer phenomenon, it explains a lot. I still kick myself for spending 6x MVNO pricing on my cell phone plan with a legacy carrier whose features I didn't need.

Ain't just boomers. Anybody with kids, and no existential financial crisis. I just finally managed to cancel an unexamined legacy subscription paid without a thought — after I noticed WTF I have one Adobe subscription, not 3, across 2 cards ... unfortunately the noticing part took like 3-4 years.

Additionally: it seems likely that it was the result of gas station pump skimmers, just because the card in question had never been used for any other kind of transaction.

Re: AOL to be sold to Bending Spoons for $1.5B

#67
post #50

Earlier quoted context omitted.

It sounds like Bending Spoons is where old tech products go to die? I guess that's private equity for you.

That seems to be the opposite of what the article suggests, they seem to hold on long-term and invest in technology improvements.

Have you tried to use meetup recently? It's been turned into garbage.

Re: AOL to be sold to Bending Spoons for $1.5B

#69

Bending Spoons is a joke company that buys company with hopes to restructure them to meet some nonsensical financial numbers made up in an excel spreadsheet.

Still have no idea why they have so many job applications, they don't actually hire.

AFAIK (I am Italian) they have a very long and difficult hiring process, comparable to a FAANG.

Re: AOL to be sold to Bending Spoons for $1.5B

#70

I'm still using an email that is one of the AOL domains, mostly for accessing legacy sites that were around at that time. I lost access to it during an iPhone upgrade, I paid $12.95 or something for a 'premium' membership that allowed me to have the password reset by a REAL LIVE PERSON.

> I'm still using an email that is one of the AOL domains ProTip: Honestly, just buy your own domain, control your own email address(es)...

[dead]
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