Is AOL still an Internet access provider?
Verizon to Buy AOL for $4.4B
11–20 of 239 posts
Re: Verizon to Buy AOL for $4.4B
#12To give you some perspective. When Time Warner and AOL merged back in 1999, AOL was valued at $166 Billion.
Recently, a woman that I shared an elevator with commented on my laptop - she noticed that I worked at a large tech company. She commented that she too had worked for a large tech company at one time - AOL. I smiled.
She then immediately recounted the day she and her entire floor were laid off unceremoniously. Luckily, that was about the time that we reached her floor.
Re: Verizon to Buy AOL for $4.4B
#13To give you some perspective. When Time Warner and AOL merged back in 1999, AOL was valued at $166 Billion.
Recently, a woman that I shared an elevator with commented on my laptop - she noticed that I worked at a large tech company. She commented that she too had worked for a large tech company at one time - AOL. I smiled. She then immediately recounted the day she and her entire floor were laid off unceremoniously. Luckily, that was about the time that we reached her floor.
Honest question: why do you say luckily?
Re: Verizon to Buy AOL for $4.4B
#14Is AOL still an Internet access provider?
Yes, there's a shrinking, but still very lucrative, dialup business. It's provided the capital for Aol's growth into media and advertising these past several years.
Re: Verizon to Buy AOL for $4.4B
#15For those who are wondering why this might be a good investment: AOL still has 2 million (!) dialup subscribers that fork over $20 a month.
http://qz.com/401567/more-than-2-million-american-homes-are-...
Re: Verizon to Buy AOL for $4.4B
#16To give you some perspective. When Time Warner and AOL merged back in 1999, AOL was valued at $166 Billion.
And much of the current value is from acquisitions made since then.
Re: Verizon to Buy AOL for $4.4B
#17Huffington Post, TechCrunch and Engadget how do these fit? Does this mean these might go away?????? Can one be so lucky?
I foresee Mike Arrington quitting again (or did he leave again already? I've lost track)
Re: Verizon to Buy AOL for $4.4B
#18For the past couple of years, AOL has been a place where companies go to die. Will Verizon pick up that mantel and continue offering the much needed "Death with Dignity" service for waning tech companies?
Re: Verizon to Buy AOL for $4.4B
#19To give you some perspective. When Time Warner and AOL merged back in 1999, AOL was valued at $166 Billion.
And one of AOL's acquisitions, Netscape, was worth $10B when the deal closed in 1999.
Re: Verizon to Buy AOL for $4.4B
#20For those who are wondering why this might be a good investment: AOL still has 2 million (!) dialup subscribers that fork over $20 a month. http://qz.com/401567/more-than-2-million-american-homes-are-...
I feel like this is a perfect reason why this is a bad investment. Anyone who is still subscribed to AOL dialup is honestly probably a senior citizen or technology-illiterate. AOL is not even marketing their dialup service anymore. These people over time will slowly decline until those 2 million eventually hit zero. In fact, you can clearly see the nearly exponential downward trend right on the article you linked. This makes it a nice amount of basically free money for AOL currently, but an absolutely terrible investment for the future.