CNBC video featurette: The Rise And Fall Of AOL

satam55

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At its peak in December 1999, AOL had a market capitalization of $222 billion dollars. Since then, the influx of broadband internet and the burst of the dot-com bubble reduced the one- time internet behemoth to a shadow of its former self.

AOL once dominated email, internet connectivity, online news, and chat. AOL couldn't maintain its superior position as subscription and advertising revenue dried up with the shift from dial-up modems to cable broadband. A disastrous merger with Time Warner in 2000 was unwound in 2009. Along the way, AOL tried but failed to buy Facebook, YouTube and a minority stake in Chinese Internet company Tencent, Eventually, AOL to sold to Verizon in 2015 for just $4.4 billion.

#CNBC #AOL
 

Mr. Manhattan

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idiots thought they can take 56k dial up modem into the new millenium
That shyt died immediately after the merger
 

Deltron

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i used to help this :old: with some basic computer shyt...and he loved his AOL.

He already had comcast, but he insisted on keeping his aol, so he basically paying twice for internet use, despite the fact I showed him he could access all his shyt outside aol. :heh:
 

RennisDeynolds

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I used to like those annoying dialup sounds :russ:, I never used AOL tbh but I had a shytload of discs from eating cereal :lolbron:. Had dialup for a year and then Time Warner came through with the broadband :banderas:

Shoutout to AIM though
 

Nuke Dukem

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I met a bytch in a aol chat from Ohio

she would have me call & she’d play with her p*ssy on the phone :lolbron:
 

Strapped

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Pure & simple market manipulation on the rise of a company like AOL , the company had zero assets
 

Tommy Fits

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I miss those simpler times. Now everyone is connected 24/7, back then you still had a lot of people with internet access
 

SmallWars

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I used to get banned from shyt I'd say in chat rooms, you had to have your parents call to get the account turned back on.

They'd be like "Well ma'am, it appears that your son told someone to go fukk themselves in a WWF chatroom".

I'm sitting there like :gucci: ..."I don't even go in chat rooms :troll:"
 
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