BILLIONAIRE INVESTOR STEVE CASE SAYS THE FAILURE OF THE 2000 AOL TIME WARNER MEGA MERGER TAUGHT HIM A CRUCIAL LESSON ABOUT EXECUTION

Hollis Johnson/Business Insider Steve Case is the Billionaire founding CEO of AOL and the head of WASHINGTON, DC-based venture-capital firm Revolution. In 2000, AOL bought Time Warner for $165 billion, making it the largest merger in history at the time. Case left in 2005, correctly predicting it was an unsustainable partnership. He said that the experience taught him that "vision without execution is hallucination." AOL's founding CEO S...

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Steve Case: Stephen McConnell "Steve" Case is an American businessman best known as the former chief executive officer and chairman of America Online . Since his retirement as chairman of AOL Time Warner in 2003, he has gone on to build a variety of new businesses through his investment company Revolution. In
- Steve Case Wikipedia
WASHINGTON:
Nasdaq PhotoNasdaq: The NASDAQ Stock Market, commonly known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for National Association of Securities Dealers Automated Quotations. It is the second-largest stock market comparing to official stock exchanges by market capitalization in the world, afte
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Time Warner PhotoTime Warner: Time Warner Inc. is an American multinational media corporation headquartered in the Time Warner Center in New York City. As of mid-2010, it was the world's second largest media and entertainment conglomerate in terms of revenue , as well as the world's largest media conglomerate.
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Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
January: January is the first month of the year in the Julian and Gregorian calendars and one of seven months with the length of 31 days. The first day of the month is known as New Year's Day. It is, on average, the coldest month of the year within most of the Northern Hemisphere and the warmest month of t
Johnson: Johnson is an English, Scottish and Irish name of Norman origin. The name itself is a patronym of the given name John, literally meaning "son of John". The name John derives from Latin Johannes, which is derived through Greek Ianns from Hebrew Yohanan, meaning "Yahweh has favoured". The name has b
Revolution: A revolution is a fundamental change in power or organizational structures that takes place in a relatively short period of time. Aristotle described two types of political revolution:
Billionaire: A billionaire, in countries that use the short scale number naming system, is a person with a net worth of at least one billion units of a given currency, usually major currencies such as the United States dollar, the euro, or the pound sterling. Forbes magazine updates a complete global list of kn
Washington Post PhotoWashington Post: The Washington Post is an American daily newspaper. It is the most widely circulated newspaper published in Washington, D.C., and oldest extant in the area, founded in 1877.