Steve Case was Wrong

This is the first straightforward thing I’ve seen from Steve Case in the whole should-AOL-breakup discussion:

We tried to establish a business relationship between AOL and Time Warner Cable in the late 90s. It was hard to do. I thought the merger would make it easier. I was wrong.

Of course, now Steve owns $250mm shares worth of the combined company, and he is an outsider, so unwinding the deal makes complete sense to him. Funny how that goes.

Comments

  1. this story has been trumpeted everywhere. if he was wrong then, why would he be right now?