Now it can be told

Bill Simmons – of Grantland and ESPN fame – once worked for someone – who worked for someone who – worked for someone who worked for someone who worked for me at Aol. 

I was one of the co-founders of Aol’s Digital City – Bob Smith and Paul DeBenedictus helped to create it – we opened a city operation in Boston – and Bill Simmons wrote a clever little column about Boston sports. He was a talent; very ambitious and quite a good writer. 

He got his start as did many other bloggers at Aol; back in the day. 

That is the history – Bill was discovered by Aol. 

Bet you didn’t know that?

 

5 years ago this week I retired from AOL

I was concerned that I would have nothing to do – I was terrified of leaving the company that employed me for almost 14 years.

In that 5 years since I retired from AOL I have:

Acquired the Washington Wizards and Verizon Center; and spent more time with the Washington Capitals and Washington Mystics;

Made 3 films; “Nanking”;” Kicking It”; and ” A Fighting Chance”; I am working on a 4th film now too;

Founded SnagFilms; and acquired indieWIRE;

Helped to start Revolution Money- served as its chairman; sold the company to American Express; now I serve on board of directors of American Express;

Authored a book – “The Business of Happiness”;

Invested in and became Chairman of Clearspring Technologies; still serve on their board;

Invested in and serve on board and as Vice Chairman of Groupon; the company went public last month; it has a $14 billion market cap;

Made 15 angel investments in some great start ups; all told; these startups and the companies that we sold have a combined value approaching a billion dollars;

Became a partner in Revolution Growth Fund 2 – a $ 450 million ” speed up capital” fund ; focused on East Coast startups; partnered with Steve Case and Donn Davis on this NEW fund;

Bought a house – sold 2 houses;

Worked with more than 400 charities via my Family Foundation; and Monumental Sports and Entertainment Foundations and SnagFilms;

Serve on the board of directors of Georgetown University.

It has been a nonstop hectic 5 years – some of the best and most productive and enjoyable years of my career and life.

Retirement from a corporate career is nothing to be afraid of. Onward. Thank you.

Closed is the New Open

For a long time saying an eco system and platform was closed was bad.

It was sneered at as a “walled garden” and a “church.”

The world it was said wanted a “bazaar.” Open. Free. Bedlam. “Let a thousand flowers bloom.”

AOL back in the day was cursed for being “A Walled Garden.” I understand why.

I remember ads that ran on television by clients that said for more information go to AOL Keyword “company name” or www.companyname.com.

That was laughable. Every company demanded to brand its url. AOL was in the way.

Read this article about Apple and Steve Jobs by Esther Dyson. Closed. Why? Because Steve was the best?

I think Facebook is closed as well. Not open. I smile when I see clients running ads now that say “See us on Facebook.” And they don’t publish an url for their website.

The most valuable company in the world and the next great company and business. Closed.

Maybe conventional wisdom about closed vs. open isn’t correct?

Maybe value is driven by curation and uniformity and care?

Maybe closed is the new open?

Old Fashion

I still use AOL as an account. I even use the AOL client at times to power through my email. I wish AOL would recommit to making its mail faster with less spam and with less sig files and ads in it.

I am sorry I am not as smart and as hip and as technologically savvy as this blogger. I don’t write as well either.

I have flaws. He obviously doesn’t because he is young and cool. I am not I am a digital AARP member. Thank you. Read this one.

The More Things Change the More Things Stay the Same

Here is a link to the list of the Top 10 web brands as measured by engagement of audience. This data is from Nielsen as of July 2011.

AOL is still a Top 10 network of sites pulling in at # 7.

Google and Facebook rule as # 1 and # 2.

This list hasn’t changed much as to Top 10 participants in a long time. I thought this list would be of interest to you. Thank you.

Kudos to someone at AOL!

So – I read this article at Mashable. It is about voice recognition and software.

I smile; as I remember that we created and launched AOL By Phone more than a decade ago.

I created it to be a hyper local content engine. A precursor to Foursquare. As an example, as you were driving past a street the phone could call you or text you and tell you what was available. Sales available, and you could make reservations via an interactive 411 info service. Open Table before Open Table; real time voice alerts. Very cool stuff.

But it also had a very cool read and respond to email feature.

I used it all of the time while I was driving. I could hear my email; I could respond; I could delete. All via voice. The technology was provided by Quack; a company we acquired to make it all work for us.

The service was launched as a subscription service at $5.00 per month. We reached almost 1 million subscribers and we competed in a way with TellMe. I was very proud of this service. It was ahead of it’s time. It was our first voice oriented service. The people in the sight challenged community loved the service as well; It made mail accessible to all.

I loved the service. But we reorged the company. The service went to another division; There were numerous cut backs and reorganizations and I lost track of AOLByPhone after I left the company.

The company I believed killed the service.

But today I went online and found this site. It is back and usable. And it is from 2011; kudos; I am impressed. Thank you. Check it out.

New Black Voices Up On AOL

It was once called Net Noir. Then repositioned after an acquisition into AOL Black Voices and now it is re-launched with a great touch- as HuffPost Black Voices. AOL was the first destination in cyber space for this kind of great diverse programming; we started it back in 1994! I was there.

It is great to see AOL investing in great new content. It is great to see the folks at the Huffington Post spending time on this newly enhanced publishing platform. Well done.

And kudos to Sheila Johnson for lending support to this effort.

Everything Old Is New Again

The Facebook messaging service aside the Facebook homepage reminds me of AOL circa 1994. Home page and Buddy List aside one another.

Content – community – communications – presence; all integrated.

Facebook messaging now looks like AIM to me, buddy lists with real time one click messaging opportunities embedded right next to content.Well done! I have my AOL client software open right now. Looks very similar to me.

Out with the old- in with the new. Recycle the old. Do it better and call it new.

What is next? “Welcome…you’ve got friends?”