Keep pulling the thread on Steve Case.
Over the last decade, approximately 75% of all U.S. venture capital has been invested in just three states: California, New York, and Massachusetts.
Steve Case asserts that America Online's core belief was that the "killer app" of the internet was people and community, not content or commerce.
America Online was the first internet company to go public in 1992.
The board of America Online (AOL) replaced Steve Case with co-founder Jim Kimsey as CEO just before its 1992 IPO, believing Wall Street would be more receptive to an older leader.
Seven years after its IPO, America Online's (AOL) valuation grew from $70 million to $160 billion.
In approximately 1996 or 1997, America Online (AOL) shifted its pricing model from per-hour billing to a flat fee of $20 per month for unlimited usage.
Around 1994, Bill Gates made an offer on behalf of Microsoft to acquire America Online (AOL).
The decision by America Online's board to reject Microsoft's acquisition offer in the mid-1990s was passed by a single vote.
In 2000, the merger of America Online (AOL) and Time Warner was the largest merger in business history at that time.
Steve Case believes the AOL-Time Warner merger failed due to poor execution and cultural misalignment, not a flawed strategic vision.
A key strategic driver for America Online's merger with Time Warner was to gain access to broadband infrastructure via Time Warner Cable, which was the largest broadband provider at the time.
Steve Case's investment firm, Revolution, has backed companies including the restaurant chain Kava and the custom framing company Framebridge.