AOL backs Patch.com to kick-off at the earliest, criticized for poor decision making, eyes financial statements
America Online, AOL, has been on an investment spree of late. The latest of companies is Patch.com local news business. After humbling Starboard Value on three board seats, AOL has now started pure money in Patch. The project was immensely criticized by Starboard for a lack of proper business model to generate income but it […]