The Ledger, every show

“I think that we will not make the mistake I believe Europe is making, which Europe often makes, of over-regulating trying to make, be so careful about bad things happening, you don't allow the good things to happen, and we need to figure out a way to, you know…”

“When Donald Trump beat Hillary Clinton eight years ago he won 30 states. If you added up all the venture capital in all 30 states, it was 15%. The 20 states she won had 85%.”

“In the United States last year, according to the NVCA that tracks us, 75% of venture capital went to three states. You know, California, New York, and Massachusetts, 50%. Half of America's venture capital went to one state. California.”

“In the early days when we got started, and AOL was started, as you mentioned, in 1985, it was really, can you raise the money to get launched? And not that many people could. It was, there was only a handful of maybe less than a dozen venture capitalists back …”

“Some of the Biden-Harris policies around what they call Build Back Better, some of the things around the Chips and Science Act, including funding tech hubs, ten billion dollars was authorized for that. Only five hundred million has been appropriated.”

“We were the first internet company to go public in the 1992. We raised ten million dollars in our IPO. The market value that day was seventy million dollars. And seven, eight years later, when we were negotiating the merger with Time Warner, it had gone from s…”

“Well, at the time it was more like 50%.”

“When we first started only three percent of people were online, and those three percent were online an average of one hour a week.”

“When we went to unlimited use, yeah, there were some people using it all the time, and we lost money on them, and some people using it infrequently, and we made money on them, so it ends up being a law of the averages”

“Some politicians now, including a number of senators and governors are using that to make sure their communications are scored in a way that it, it's more, Trying to build that common ground, trying to build that consensus, not this hot rhetoric that, that may…”

“I was speaking at TechCrunch Disrupt Conference in Silicon Valley a couple of months ago, and I don't know, there may be a 1015 hundred people in the audience. I said, I want to see a show of hands. How many of you are from the Bay Area? And it was less than f…”

“When they launched the product in the fall of 1983, it basically failed, and so suddenly this company was in free fall. So this was my first experience, you know, a few months after I was there, I was Kind of on teetering on bankruptcy. Had to lay off 70, 80% …”

“There was one in particular called Prodigy that IBM and Sears and for a while, CBS, committed about a billion dollars to launch Prodigy.”

“About three percent of America was online an average of one hour a week.”

“It was, I think, the first time Apple licensed their brand to another company, and indeed, not long after, within the first year of launching the Apple Inc. Service, Apple basically decided they didn't like the idea of, you know, they wish they hadn't licensed…”

“But when we went public, took AOL public in 1992, it was the first internet company to go public, and we had less than 200,000 customers.”

“When we decided in the United States to go public, the board decided I was too young to be CEO.”

“A woman there basically said, well, my husband does voiceover kind of thing, so he'd be happy to tape some messages, and so I, you know, got my little pen down, little post-it note, and wrote a bunch of different things, like, you've got mail, and that guy, El…”

“I think the year was 1996, and we had moved to unlimited pricing, and we had system problems, or our system actually was down for 23 hours, nobody could log in, and it was a national news story. It led the network TV news, was the lead article in most newspape…”

“So it came down to a close vote, but eventually the board decided not to sell to Microsoft.”

“We went from our company when we did the merge, I think it was five billion of revenue, about one billion of profit. The combined company had forty billion of revenue, ten billion of profit.”

“We started only three percent of people were online, and those three percent were online an hour a week on average, so it was pretty early, and I spent the next 15 or so years building that company, and then when we merged AOL with Time Warner, I stepped down …”

“It was kind of expensive to get online, about 10 dollars an hour.”

“The company was called Control Video Corporation. They had a product called GameLine, which at the time was almost like Netflix for video games. Back then, most people didn't have PCs, but a lot of people had Atari game machines. And so GameLine allowed you to…”

“We created something called Q-Link for Commodore. We created something called PC-Link for RadioShack. We created something called Promenade for IBM. We created something called Apple-Link for Apple.”

“We just raised a bunch of money, about five million dollars, which for us was a lot of money, on the idea of expanding this Apple deal.”