AOL Is Still the Weirdest Successful Tech Company in America - Derek Thompson - The Atlantic

Not dead yet

"The financial press often equates short-term stock performance with the quality of a company and its leadership. Facebook was considered a pretty sensational invention led by a tech visionary, until it went public and its stock sank and the argument over its value could be reduced to a stock price figure and its quarterly decline. AOL is perhaps the opposite: a company treated with derision that has, in the past 18 months, outperformed most of its peers. It's done so by limiting losses in a terribly unattractive business (massive digital advertising paired with expensive original journalism) while holding on to inevitable and demographically determined losses in online subscriptions, its only money-making sector. "

AOL Is Still the Weirdest Successful Tech Company in America - Derek Thompson - The Atlantic