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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
Lurker.
()
Date: September 18, 2007 11:47AM
AOL Moving Executives, Headquarters To New York
AOL, the Dulles-based Internet pioneer, yesterday said it was moving its headquarters to New York, transferring the leadership of a company that fueled the growth of the Washington area's technology industry over the past decade.
The company said that while senior executives would depart for Manhattan, most of the 4,000 employees at the Dulles campus would remain. The shift is the latest step in the company's transformation from a provider of dial-up Internet access to one focused on online advertising.
Local technology executives said the departure of the headquarters staff would likely trigger an exodus of talent from Dulles, but there was debate about whether the exits would diminish the region's status as a technology center or reinvigorate it, as former employees form or join other start-ups.
Former AOL executives in the past have helped create a local network of technology firms, signing on with companies in online music, Internet phone service, and other Web technologies, with varying degrees of success.
"I would anticipate the move will only accelerate the ongoing exodus of management talent in the company," said Adam Lehman, formerly an AOL senior vice president and now a Baltimore venture capitalist.
http://www.washingtonpost.com/wp-dyn/content/article/2007/09/17/AR2007091700415.html
Edited 2 time(s). Last edit at 09/18/2007 11:54AM by Lurker..
AOL, the Dulles-based Internet pioneer, yesterday said it was moving its headquarters to New York, transferring the leadership of a company that fueled the growth of the Washington area's technology industry over the past decade.
The company said that while senior executives would depart for Manhattan, most of the 4,000 employees at the Dulles campus would remain. The shift is the latest step in the company's transformation from a provider of dial-up Internet access to one focused on online advertising.
Local technology executives said the departure of the headquarters staff would likely trigger an exodus of talent from Dulles, but there was debate about whether the exits would diminish the region's status as a technology center or reinvigorate it, as former employees form or join other start-ups.
Former AOL executives in the past have helped create a local network of technology firms, signing on with companies in online music, Internet phone service, and other Web technologies, with varying degrees of success.
"I would anticipate the move will only accelerate the ongoing exodus of management talent in the company," said Adam Lehman, formerly an AOL senior vice president and now a Baltimore venture capitalist.
http://www.washingtonpost.com/wp-dyn/content/article/2007/09/17/AR2007091700415.html
Edited 2 time(s). Last edit at 09/18/2007 11:54AM by Lurker..
Re: AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
duh
()
Date: September 18, 2007 08:11PM
Good Riddance....what a lousy outfit.
Re: AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
Fairfax MF---er
()
Date: September 19, 2007 03:49PM
duh Wrote:
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> Good Riddance....what a lousy outfit.
AOL was actually fine for what it was in the 90s. The company introduced millions of Americans to the Internet, employed thousands of people in the Washington, DC-area and helped spur the development of the Dulles Corridor.
AOL became the victim of its own success. It showed others that money could be made on the Internet. Those other companies basically took the AOL model and then grew beyond it while AOL treaded water, content to believe that broadband would never compete cost-effectively with dial-up and that acquiring Time Warner would save it from the dot-com crash.
Great idea for its time. But its time has passed. AOL is going to go the way of Wang, Tandy, Collecovision and hundreds of other tech pioneers that outlived their usefulness.
-------------------------------------------------------
> Good Riddance....what a lousy outfit.
AOL was actually fine for what it was in the 90s. The company introduced millions of Americans to the Internet, employed thousands of people in the Washington, DC-area and helped spur the development of the Dulles Corridor.
AOL became the victim of its own success. It showed others that money could be made on the Internet. Those other companies basically took the AOL model and then grew beyond it while AOL treaded water, content to believe that broadband would never compete cost-effectively with dial-up and that acquiring Time Warner would save it from the dot-com crash.
Great idea for its time. But its time has passed. AOL is going to go the way of Wang, Tandy, Collecovision and hundreds of other tech pioneers that outlived their usefulness.
Re: AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
allivant
()
Date: September 19, 2007 07:16PM
Re: AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
stinkypoon
()
Date: September 21, 2007 11:47AM
They signed their own death certificate by not jumping on broadband.
Re: AOL Executives HQTRS is leaving Dulles and going to New York
Posted by:
Kiev
()
Date: September 21, 2007 12:37PM
Broadband will always be the thing of the phone companies.
Cable is hold up, but not for long.
Cable is hold up, but not for long.