Comments on: Yesterday, AOL/TimeWarner; today, Twitter and… http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/ Technology, politics, culture Tue, 16 Mar 2010 18:43:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Salon.com IPO: It was ten years ago today | Tech-monkey.info Blogs http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/comment-page-1/#comment-10750 Salon.com IPO: It was ten years ago today | Tech-monkey.info Blogs Mon, 22 Jun 2009 14:22:11 +0000 http://www.wordyard.com/?p=1952#comment-10750 [...] As I’ve written, during the dotcom bubble I was a father of newborn twins, and I spent much of the era in a haze of caffeine and adrenaline. Meanwhile, the pace of decision-making at Salon at the time was crazy — we were one small precinct of an entire industrial outbreak of madness. One conclusion I’vew drawn from that experience for myself is: never rely on a vehicle that’s moving too fast to steer. (And no, to answer a question some will probably have, I never made a cent on the offering myself: insiders weren’t allowed to sell stock at first, and by the time we were allowed to, the price had already begun to plummet. Besides, I really did believe in the company’s future.) [...] [...] As I’ve written, during the dotcom bubble I was a father of newborn twins, and I spent much of the era in a haze of caffeine and adrenaline. Meanwhile, the pace of decision-making at Salon at the time was crazy — we were one small precinct of an entire industrial outbreak of madness. One conclusion I’vew drawn from that experience for myself is: never rely on a vehicle that’s moving too fast to steer. (And no, to answer a question some will probably have, I never made a cent on the offering myself: insiders weren’t allowed to sell stock at first, and by the time we were allowed to, the price had already begun to plummet. Besides, I really did believe in the company’s future.) [...]

]]> By: Scott Rosenberg’s Wordyard » Blog Archive » Salon.com IPO: It was ten years ago today http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/comment-page-1/#comment-10748 Scott Rosenberg’s Wordyard » Blog Archive » Salon.com IPO: It was ten years ago today Mon, 22 Jun 2009 14:08:36 +0000 http://www.wordyard.com/?p=1952#comment-10748 [...] As I’ve written, during the dotcom bubble I was a father of newborn twins, and I spent much of the era in a haze of caffeine and adrenaline. Meanwhile, the pace of decision-making at Salon at the time was crazy — we were one small precinct of an entire industrial outbreak of madness. One conclusion I’vew drawn from that experience for myself is: never rely on a vehicle that’s moving too fast to steer. [...] [...] As I’ve written, during the dotcom bubble I was a father of newborn twins, and I spent much of the era in a haze of caffeine and adrenaline. Meanwhile, the pace of decision-making at Salon at the time was crazy — we were one small precinct of an entire industrial outbreak of madness. One conclusion I’vew drawn from that experience for myself is: never rely on a vehicle that’s moving too fast to steer. [...]

]]> By: Jonathan http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/comment-page-1/#comment-10204 Jonathan Thu, 07 May 2009 16:59:56 +0000 http://www.wordyard.com/?p=1952#comment-10204 just pre-ordered say anything. congratulations on getting it out! looking forward to more from you here now :) just pre-ordered say anything. congratulations on getting it out! looking forward to more from you here now :)

]]> By: Scott Rosenberg http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/comment-page-1/#comment-10191 Scott Rosenberg Wed, 06 May 2009 20:47:21 +0000 http://www.wordyard.com/?p=1952#comment-10191 Right: They called it a merger but technically AOL was "taking over" Time Warner since it had over 50% of the deal; its stock was -- at that brief shining (hah!) moment -- worth so crazily much. However, that moment passed quickly, and the net effect of the deal was that AOL ended up owned by Time Warner, so from today's vantage I think it's reasonable to say that TW bought AOL. They traded enormous amounts of their company's net worth for AOL. Much of it ended up getting written down in subsequent years. Right: They called it a merger but technically AOL was “taking over” Time Warner since it had over 50% of the deal; its stock was — at that brief shining (hah!) moment — worth so crazily much.

However, that moment passed quickly, and the net effect of the deal was that AOL ended up owned by Time Warner, so from today’s vantage I think it’s reasonable to say that TW bought AOL. They traded enormous amounts of their company’s net worth for AOL. Much of it ended up getting written down in subsequent years.

]]> By: Kevin http://www.wordyard.com/2009/05/06/yesterday-aoltimewarner-today-twitter-and/comment-page-1/#comment-10190 Kevin Wed, 06 May 2009 20:40:54 +0000 http://www.wordyard.com/?p=1952#comment-10190 I agree with everything you say here except for one thing... AOL bought Time Warner, not the other way around. I was in Dulles the day it happened and remember coming in that morning, hearing the news and creating a little mental list of all the things "we" owned now (Batman, Superman, etc). The old guard at Time Warner staged the coup afterwards. I agree with everything you say here except for one thing… AOL bought Time Warner, not the other way around. I was in Dulles the day it happened and remember coming in that morning, hearing the news and creating a little mental list of all the things “we” owned now (Batman, Superman, etc). The old guard at Time Warner staged the coup afterwards.

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