Ahhh, what could have been...
In an alternate universe, AOL is the world’s dominant internet company, worth hundreds of billions of dollars.
“We wanted to take some shots. We had a line on buying YouTube before anybody else. We had an opportunity to step in with Facebook when Yahoo stumbled. We had a chance to maybe to step in to Tencent.” Jon Miller In an interview, Miller said AOL held acquisition talks with both Facebook and YouTube back in 2006, and weighed taking a large stake in Chinese tech giant Tencent in 2004.
AOL at the time was fresh off its $165 billion purchase of Time Warner in 2000, which turned out to be one of the most disastrous acquisitions in history.
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