How Time Warner ruined AOL (Ted Leonsis, Founder, Revolution Growth)
Decoder with Nilay Patel
English - October 26, 2016 04:01 - 1 hour - ★★★★ - 2.4K ratingsTechnology News Tech News entrepreneurship business entrepreneur interview health leadership politics startups finance productivity Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Revolution Growth founder and partner Ted Leonsis talks with Recode's Kara Swisher about being a longtime executive at AOL and how the company changed dramatically when it merged with Time Warner in 2000. Leonsis says AOL correctly anticipated the social nature of the internet, but left several windows open for Google to beat it at its own game. After the merger, it had to turn its energies toward defending Time Warner's legacy businesses and missed still more opportunities. He also discusses his majority ownership of several sports teams, including the NBA's Washington Wizards and the NHL's Washington Capitals, and why he thinks Vice's cable channel Viceland is "the biggest con ever."
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Revolution Growth founder and partner Ted Leonsis talks with Recode's Kara Swisher about being a longtime executive at AOL and how the company changed dramatically when it merged with Time Warner in 2000. Leonsis says AOL correctly anticipated the social nature of the internet, but left several windows open for Google to beat it at its own game. After the merger, it had to turn its energies toward defending Time Warner's legacy businesses and missed still more opportunities. He also discusses his majority ownership of several sports teams, including the NBA's Washington Wizards and the NHL's Washington Capitals, and why he thinks Vice's cable channel Viceland is "the biggest con ever."
Learn more about your ad choices. Visit megaphone.fm/adchoices