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$200 Billion To Irrelevant - What Happened To AOL? | Logically Answered


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$200 Billion To IrrelevantWhat Happened To AOL?
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Do you remember a company called AOL? If you were born after 2000, you may not even be familiar with this company, but their contribution to the tech world was massive. They were the ones that popularized the internet across America by essentially giving everyone free trials to connect to the internet with their famous disks. But, over time, they slowly fell behind. They went from being the ones pioneering internet applications to being an internet infrastructure company, and this trend went into overdrive with their controversial $350 billion merger with Timer Warner Cable. Since then, AOL has been largely forgotten about and replaced by upandcoming competitors like Google, Facebook, and modern ISPs. Things would get so bad that AOL would end up posting the worst corporate loss in history of $98.7 billion before getting acquired by Verizon for just $4.4 billion. This video explains the rise and fall of AOL and how an internet pioneer ended up losing it all.

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Timestamps:
0:00The State Of AOL
2:24Ahead Of Their Time
5:27In Line With Their Time
8:52Behind The Times

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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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