Steve Case, 55, the iconic founder of America Online, a digital media company now known as AOL, has a bone to pick with today’s entrepreneurs.
Too many modern start-ups, he said, are built with the sole purpose of being sold or flipped within a few years. While there’s certainly nothing wrong with a cash grab, he noted, we’re at a point in time where there are big problems to be addressed—such as health care and education—and to really make a difference in the world, you need to think long term.