Steve Case
Steve Case
Stephen McConnell "Steve" Caseis an American entrepreneur, investor, and businessman best known as the co-founder and 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 invest in early and growth-stage startups through his Washington, D.C. based venture capital firm Revolution LLC...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth21 August 1958
CityHonolulu, HI
CountryUnited States of America
I do think that people have an obligation to give back but that doesn't necessarily mean that you give back just the traditional way. Maybe there's new ways to give back and make a contribution. I'm looking forward to some mix of philanthropy - maybe through a somewhat different prism - as well as helping entrepreneurs build some significant new businesses.
The resources you happen to accumulate, what do you do with them? You can spend the money and buy some houses or whatever, and people do some of that and that's fine. You can give the money to other people, your family, but usually when you do that you screw them up and it ends up counterproductive. Or, you take those resources and reinvest them in things that you believe in, and that could be reinvesting in a philanthropic cause.
At Revolution Health Group we will put consumers back at the center of the system by giving them more choice, control and convenience.. while building the first comprehensive, consumer-driven health care company.
We lose money on signing up the customers where there's some marketing costs associated with giving them a free month. It doesn't much matter whether you make a little bit or lose a little bit.. as you well know, because you lose a ton on every copy of The Washington Post (newspaper).
If you can build a company and make money, great. But eventually, my intention is to give all my money away. I told my kids that. [Wealth] is not particularly helpful to kids. It's almost a burden. It's better to allow them to do their own thing and have their own successes.
We went from one million to 20 million subscribers in the past five years. That's great, but a billion people watch CNN.
We do not intend to limit content diversity on any of our systems. If we limit content, if we do not promote a diversity of voices ... then consumers will waste no time migrating to other Internet and media services.
Couple that with their distribution (OS) muscle, then Netscape clearly has an uphill battle.
And when I was 24, I think, I moved to Washington, D.C., and started focusing on interactive services, and that's really what I then did for 20 years.
Our expanding membership and surging usage confirm that consumers want the content, services, features and ease of use that are uniquely AOL,
We don't want to suddenly mess around with people's normal viewing habits and force them to do interactive things. Above all, we want to expand the viewer's experience, either through a very simple directory or by providing additional information to the program that's currently showing.
We don't want to turn the TV into a computer.
There's no question that we're on the eve of an explosion in consumers' move to wireless and how they use interactive devices.
We've learned the market functions a little differently in Europe.