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5 Reasons the AOL Patch Venture Should Be Shut Down NOW

Tim Armstrong is just the beginning of Patch's problems

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AOL Patch Problem #5 – Competition

aol-patch-tim-armstrongFrom the beginning, Patch was based on the concept that local news is hard to find on the Internet. To be blunt, that is ludicrous.

Anyone who doesn’t know what’s going on in their town isn’t looking too hard, or hasn’t heard of Google. Heck, I get local police news delivered to my phone. Our local school district keeps us up-to-date through its website and the information that it sends home with students.

And it doesn’t end there. For the cherry on top, we have newspapers and broadcast news — as we’ve had for decades. Heading to an AOL Patch website for that same information doesn’t even enter the equation for me or most people.

As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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