the deal maker

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Title: the deal maker

Essay Details:

Subject: Business

Author: Jason W

Date: May 20, 2017

Level: University

Grade: A

Length: 19 / 5438

Essay text:

history: Was it feeling the effects of an industry-wide slowdown in advertising? AOL's president at the time, Robert W. Pittman, offered a resounding answer: "I don't see it, and I don't buy it," he told Wall Street stock analysts and the media. Other AOL officials were less optimistic. While overall revenue from online ads continued to grow rapidly, internal company projections raised caution about one sector: dot-coms. Failures were accelerating among those Internet start-ups, which represented a significant amount of the company's ad business. About two weeks before Pittman's declaration on Oct...

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