Speaker unverified: observation

Transcript context

…They did eventually have a browser in AOL, right? Yeah. That's a whole another story about how they double-crossed NetScape and signed a deal with Microsoft. Then they had, because they had bought a browser called BookLink. But the point is, is that people aren’t sophisticated in ’96, ’97, ’98. For all they know, AOL is the internet. And so, when I say that they’re sort of wrestling with this, they want to be somebody who describes it as they want to be the carnival cruise lines for an online experience, so they want to curate it for you. But then at the same time, the reality is, is that most people getting on the web and doing things like going to Yahoo or whatever, are doing it through AOL and they can’t conceptually tell the difference. I’d love to hold on to this until tech themes later but like, over and over and over again, the only thing that I'm thinking is bundling and unbundling. Like it is incredible how the entire internet, everything that we know as sort of the open web and various different protocols and things on various different platforms are all just bundled within AOL and they were basically making all the revenue for that for a very long time before we started to unbundle it all into these separate services.…

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