R&D? WE DON’T NEED NO STEEENKIN’ R&D!

Posted on by Matt

“The acquisition of ICQ technology dramatically increases our presence on the Web.”

Steve Case, CEO of America Online, fumbling at an explanation for why his company spent $287 million to acquire a revenueless Israeli startup with a chat technology AOL’s techies had already duplicated, TechInvestor, 8 June 1998

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