MiB: Steve Case on AOL, Startups & Enterprise


This week, we communicate with Steve Case, co-founder of America On-Line (AOL), founding father of funding agency Revolution, Chair of the Smithsonian, and writer of The Rise of the Relaxation: How Entrepreneurs in Shocking Locations are Constructing the New American Dream.

We talk about how he launched America On-line in 1985 again when the web was restricted to academia and the federal government. It took a full decade of exhausting and gradual work earlier than households turned serious about getting on-line. AOL was the primary web firm to IPO, and its merger with Time Warner was the most important merger in enterprise historical past (on the time).

Following the merger, he established a household workplace to handle his AOL-Time Warner property. That ultimately turned “Revolution” which invests in all levels of corporations: The Rise of the Relaxation Seed Funds, Revolution Ventures, and Revolution Progress. He describes Rise of the Relaxation as “going past Silicon Valley and coastal {dollars} to search out early-stage startups and put money into these corporations.” Uniquely, ROTR arrange a really distinctive enterprise, utilizing bus excursions to go to dozens of cities within the heartland of America to run pitch competitions. Case has personally visited 43 cities and funded greater than 175 corporations throughout eighty places.

He was the founding co-chair of the Nationwide Advisory Council on Innovation & Entrepreneurship, and a member of President Obama’s Council on Jobs and Competitiveness; he was instrumental in passing the JOBS Act and the Investing Alternatives Act.

His spouse Jean runs the Case Basis, and the 2 have signed the Giving Pledge. Their philanthropy focuses on inclusive entrepreneurship, influence investing, and civic engagement.

An inventory of his favourite books is right here; A transcript of our dialog is accessible right here this week.

You may stream and obtain our full dialog, together with the podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All of our earlier podcasts in your favourite pod hosts may be discovered right here.

Make sure you try our Masters in Enterprise subsequent week with David McRaney, science journalist, blogger, podcaster, and writer. He created the podcast You Are Not So Good based mostly on his bestselling e-book of the identical identify. His new e-book is “How Minds Change: The Shocking Science of Perception, Opinion, and Persuasion.”



Steve Case’s authored books

The Rise of the Relaxation: How Entrepreneurs in Shocking Locations are Constructing the New American Dream by Steve Case

The Third Wave: An Entrepreneur’s Imaginative and prescient of the Future by Steve Case

Steve Case’s present studying

How you can Make investments: Masters on the Craft by David M. Rubenstein

A Gentleman in Moscow by Amor Towles

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