Nobody epitomized the AOL of the late 1990s better than David Colburn, the foul-mouthed, bully-boy deal maker who oversaw the company's ad empire. Soon after AOL acquired Time Warner--a deal that was presented to the public as a merger, creating a company with a market cap of $350 billion--a Time Warner executive scolded Colburn for being disrespectful.
"You talk like you're buying us," said the Time Warner exec. Legend has it that Colburn fired back: "We are, you putz!"
Colburn's underlings had T-shirts made with his statement emblazoned on the chest. In … Read more