AOL's Playing A Pretty Nice Hand

I really like the hand AOL is playing in the Internet display advertising business. And the card they just pulled (TACODA) is going to really strengthen their hand.

Brad has his take on the TACODA transaction on the Union Square Ventures blog. Brad and Dave Morgan started TACODA several years before we started Union Square Ventures and TACODA had a lot to do with why we started the partnership and how we think about investing. So it’s a great outcome for us, Dave, Curt, and the entire company. But Brad says all that in his post. So please give it a read.