Dispatches from District 48
AOL is still apparently worth over $4 billion. Next someone will be buying The Source.
Given how AOL has spent the last few years consolidating its web organization, trimming staff back and closing down sites, I suspect that the chart you show doesn't tell a very complete story. MapQuest, HuffPo, Tech Crunch, and Engaget get a lot of views, but value?
Also, I saw an article that indicated that Time-Warner was potentially a bidder on AOL. I hope somebody was just making a joke.
"Also, I saw an article that indicated that Time-Warner was potentially a bidder on AOL"
If it's true, I am not sure whether to feel sorry for AOL or Time-Warner.
The original purpose of AOL was to form a communities and provide categorized content at a time when the internet didn't have all that much on it and was difficult to navigate. Eventually, thanks to Google and the geometric expansion of the internet, that changed and bouncing around to different specialty sites, interest groups, blogs etc became the way to go. Then Facebook came along and suddenly the insular but hyper-connected community/organized content became the successful model once again.
I've never used either really but it seems like Facebook is becoming more like what AOL originally hoped to be...aside from the business model built around hoovering/leveraging/selling the personal information of its users anyway.
Yes, the world has changed! A web portal isn't what it once was.
In PC Magazine's September 1 issue, Excite receives the Editors' Choice
Award because of its ease of use and superior suitability to the variety of
tasks required by Web users today. The portals examined include: Altavista,
AOL, AOL.com, Excite, GeoCities, Infoseek, Lycos, MSN Internet Start,
Netscape's Netcenter, Planet Direct, Snap! and Yahoo!
EXCITE should bring, maybe, ten billion?
Why would anyone feel sorry for Verizon?
Well apparently AOL has still around 2.1 million paying dial-up customers that don't want to quit. With a low operational cost this will be a cash cow for some years.
The Well -- It's coming back!!