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Giant Ideas
Giant Ventures
AOL Co-founder, Steve Case: AI Lessons from the Internet Boom
SEP 24, 202633 MIN
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Description
Today, we're joined by Steve Case, the co-founder of AOL, to talk about what the first internet boom can tell us about this one.
Steve started AOL in 1985, when 3% of people were online. He took it public in 1992 as the first internet company to list, and now runs Revolution, the firm behind Rise of the Rest and more than 200 investments across 100 American cities.
Cameron McLain talks to Steve about why AOL raised just $10 million over seven years (while today's AI companies are seeded with a billion), why he still thinks the Time Warner merger was the right call, and why he thinks AI needs to be very carefully deployed to avoid a revolution.
He speaks about:
The nine years it took AOL to reach a million users (ChatGPT took three months)
Arguing with IBM and Apple about whether to build modems into computers
Being 26 and taking on AT&T, GE and Microsoft with just $10 million
Whether he'd do the Time Warner merger again
The industries AI can't disrupt
Building a purpose driven company? Read more about Giant Ventures at www.Giant.vc.
Music credits: Bubble King written and produced by Cameron McLain and Stevan Cablayan aka Vector_XING.
Please note: The content of this podcast is for informational and entertainment purposes only. It should not be considered financial, legal, or investment advice. Always consult a licensed professional before making any investment decisions.

