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AOL has been in the news this week with changing the face of tech journalism once again, as we wrote about here. So I started going down memory lane and the list of their acquisitions over the past couple of decades. It is an interesting selection of mostly misplaced investments. But what struck me was how AOL was in the right place, but not necessarily at the right time or for the right price. And many of these buys enabled Internet gazillionaires to flourish and found their own tech ventures later on that were key players in our industry.