Steve Case is an
American entrepreneur more popularly known for co-founding America Online (AOL). He was AOL’s
former CEO and chairman until his retirement in 2003. Since then, Case has been
into several business ventures through Revolution, his investment company. He
also chairs the Case Foundation.
In 2011, Case
worked for President Barack Obama’s government as Chairman of the Startup
America Partnership. He was also a part of the President’s Council on Jobs and
Competitiveness. He was a guest at CNBC program Squawk Box where he was seen
sharing his initiatives for job creation and entrepreneurship growth in
American on behalf of the government agencies he represented.
Case was born as
Stephen McConnell Case on August 21, 1958 in Honolulu, Hawaii. He finished his
political science degree in 1980 at Williams College in Massachusetts. His
first job was with Procter & Gamble as assistant brands manager. After two
years with P&G, Case moved to Pizza Hut Inc. as new pizza marketing
manager.
Case’s brother
Dan introduced him to Bill von Meister in January 1983. At that time, von
Meister was the CEO of Control Video Corporation. Control Video was doing a
marketing drive for the video game console of Atari 2600 called GameLine. Case
became the marketing consultant of Control Video after the meeting.
Some remnants of
the ailing Control Video established Quantum Computer Services. Case became its
Executive Vice President. In 1991, Case became Quantum’s CEO. While at the
company, Case was responsible for the online service Quantum Link (Q-Link). Later,
Quantum also developed AppleLink (for Apple PCs) and PC-Link (for IBM PCs). In
1991, Quantum was changed to America Online. The services of Apple and PC were
merged and subscribers hit the 1 million mark in 1994.
AOL became the
pioneer of the social media
concept. Since day one, AOL featured chatrooms, forums and instant
messaging. Case believed that the killer app is the community of people where
there is interaction with each other. This became AOL’s main driver. In the
years that followed, AOL’s user based increased in leaps and bounds and reached
its peak in 2002 with 25.7 million subscribers.
Case resigned as
AOL’s chairman in January 2003 following the failed merger of AOL and Time
Warner. The failed merger became the subject of the book entitled Fools Rush In: Steve Case, Jerry Levin, and
the Unmaking of AOL Time Warner written by Nina Munk.
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