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Episode 44: AOL - Time Warner (with the Internet History Podcast)
Acquired
The Three-Legged Stool
By 2000, AOL had 20 million people paying $20 a month. By 97.98, they're making tons of money on advertising. All of the portals in this time period make money essentially by selling ads to other sites. The whole bubble can be thought of as just a snake eating its own tail.
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