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Case began his
entrepreneurial career at age six, when he and his older brother set up a juice
stand, selling lime juice for 2Ła cup. Not long after, the brothers established
Case Enterprises, which sold greeting cards through the mail and with
door-to-door sales. Case attended Williams College, where he showed an avid2
interest in music: He wrote rock reviews for small local papers in order to get
free concert tickets and albums and sang with two new-wave rock groups.
Case put his
entrepreneurial instincts on hold after graduating with a B. A. in political
science Omega Replica
Watches in 19803. He went to work for Proctor & Gamble",
where he marketed hair care products. Later he joined PepsiCo, where he managed
new pizza development for PepsiCo's Pizza Hut division from 1982-1983. His job
required extensive travel, visiting restaurants in the field to sample new
pizza varieties.
By 1983, he missed
the entrepreneurial life. That year he stopped at the Consumer Electronics Show
in Las Vegas with his older brother Dan, who worked at the high-profile venture
capitalist firm Hambrecht & Quist. Dan introduced him to the founders of
Control Video (a gaming service for Atari computer users) , who offered Case a
job as marketing assistant.
Case took the job
and stayed with the company during several years of tur¬moil5, recruiting
capital for the company. In 1985, the company changed its name to Quantum
Computer Services. Case also struck online service deals with the Apple and
Tandy Corporations.
In 1991, Case held
a company contest to pick a new name for the firm, and selected America Online
(AOL), the name he suggested himself. The following year, Case became CEO of
the company. With only 200,000 members, AOL lagged behind CompuServe and
Prodigy, while other players were rapidly entering the market. The company went
public in 1992, raising $66million, which Case directed toward rapid growth.
Through aggressive
marketing that included packaging AOL disks in magazines or sending them
through a direct-mail campaign, membership grew steadily through the 1990s,
reaching 17 million members in 1999. Despite growing pains, which included
occasional service blackouts6 and busy signals that enraged customers, the
company continued to grow, successfully outlasting8 threats by Microsoft, and
by the development of the World .Wide Web itself.
In late 1998, the
company purchased longtime rival CompuServe and in March 1999, bought Netscape,
becoming the largest and most significant on-line player in the industry. So
significant was the purchase of AOL, in fact, that Bill Gates' lawyers argued
that the U. S. Justice Department should drop its antitrust suit against
Microsoft, which now faced stiffer competition in the online arena9.
In January 2000,
AOL announced that it would purchase Time Warner Inc. (the world's largest
media and entertainment company) for $166 billion in stock. Time Warner's
extended list of media holdings include; CNN and HBO; Time, People and Sports Audemar
Piguet Replica Illustrated magazines; and the Warner Bros, film,
television, and music properties. Case was appointed chairman of the new media
conglomerate10 (to be named AOL Time Warner Inc.), while Gerald Levin" ,
the then chairman and CEO of Time Warner, was named chief executive officer.
The AOL Time Warner merger16—the biggest in history—was finalized and approved
by the U. S. government in early 2001.
Under Case's
direction, AOL partnered with Sprint PCS and Nokia in order to expand AOL's
services from desktop computers to wireless media (cellular phones, pagers, and
electronic organizers). Despite these efforts, the company's share price
continued to plummet12, and in January 2003, Case re-signed from his post. He
plans to remain on AOL Time Warner's board of di-rectors.
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