In the News
The Atlantic - May 7, 2013 - In November 2011, five days after Groupon went public in the largest Internet IPO sinceGoogle, I profiled a Washington, D.C., investment firm founded by Steve Case called Revolution. Case, the founder of America Online, told me that when he started the new firm in 2003, he wanted to get back to"attacking" legacy industries. When I profiled the company, I found that most of the "attack" strategies fit snugly in the category of "sharing." One year after he started Revolution, the firm had acquired a vacation-home sharing company. A few years later, it invested in and helped to build Zipcar, the largest car-sharing company in the U.S. It then backed LivingSocial, an online social commerce company whose explosive growth made it something like "the next Groupon."………. Today I spoke with Ted Leonsis, the co-CEO of Groupon and a partner at Revolution Growth, and Steve Griffith, the former CEO of Zipcar, at New York Ideas, a conference hosted by The Atlantic. I said that I saw the sharing economy as powered by two engines. The first, mobile accessthat encourages peer-to-peer sharing, will keep growing. The second, a weak...
Soapbox Cincinnati - May 7, 2013 - AOL Co-Founder Steve Case has a great perspective on the country's vast and varied startup world. Now chairman of Startup America and CEO of Revolution, a venture capital fund based in Washington, D.C., Case wrote a February blog post for the Wall Street Journal describing what he's dubbed the "rise of the rest." "I'm convinced that we’re beginning to see a regional 'rise of the rest' as cities like Washington D.C., Denver, Chicago, Atlanta, Raleigh, Cleveland, Detroit and many others experience unprecedented growth in startups," says Case.
MSNBC - May 5, 2013 - Immigration reform isn’t just a hot-button policy issue to AOL co-founder Steve Case–it’s “a global battle for talent,” he says. Now chairman and CEO of the venture capital firm Revolution, Case told MSNBC’s Andrea Mitchell Friday that he’s optimistic about the chance of passage on Capitol Hill, and called this “the best environment for passing immigration reform we’ve had in a decade.”
New York Daily News - May 2, 2013 - The Milken Institute’s Global Conference wound down Wednesday night at the Beverly Hilton hotel, where power players including Michael Milken, Bill Gates, Tony Blair, AOL chairman Steve Case and L.A. mayor Antonio Villaraigosa had gathered for five days of panel discussions,performances and receptions designed to solve all the world’s problems.
MSNBC - May 3, 2013 - Now chairman and CEO of the venture capital firm Revolution, Case told MSNBC’s Andrea Mitchell Friday that he’s optimistic about the chance of passage on Capitol Hill, and called this “the best environment for passing immigration reform we’ve had in a decade.
Washington Business Journal - April 26, 2013 - What struck me most, however, wasn't the presence or absence of any one name. It was the interplay between downtown D.C. and the Dulles corridor expressed within the list. If anything, Washingtonian's "Tech Titans" serves as a reminder of how much of D.C. Tech remains in Virginia. Take the "Entrepreneurs" section. Northern Virginia companies represented: comScore Inc. (Reston), Cvent Inc. (McLean), AddThis Inc. (Vienna), Clarabridge Inc. (Reston), Speek Inc. (Dulles), Appian Corp. (Reston), ObjectVideo Inc.(Reston), Parature Inc. (Herndon), Aptara Inc. (Falls Church), ePals Corp. (Herndon), MicroStrategy Inc. (Tysons Corner), Blue Canopy Group LLC (Reston), Echo360 Inc. (Dulles), FedBid Inc. (Vienna), Opower Inc. (Arlington), Kastle Systems International LLC (Falls Church).
PBS - April 25, 2013 - I listened as they spoke of the need for better schools, a clean environment and greater innovation and risk-taking, to attract new jobs to the Aloha State. They heard a pep talk from AOL founder and entrepreneurSteve Case, a Hawaii native who urged them to look for ways to invest in their own state. Case's wife, Jean, who has become an expert in interactive technologies and social media, also spoke. The message from the Cases and other internet and investment pioneers was "take risks" and "embrace failure," advice they said applies to anyone interested in innovating.
The Atlantic Cities - April 25, 2013 - Immigration has long provided fuel for America's entrepreneurial engine, from steel magnate Andrew Carnegie and Intel founder Andy Grove to the creators of Google and Yahoo. As entrepreneur Vivek Wadhwa has documented, while immigrants make up just "12 percent of the U.S. population, immigrants have started 52 percent of Silicon Valley's technology companies and contributed to morethan 25 percent of our global patents." And as AOL co-founder Steve Case recently pointed out, "Research shows that every 100 additional foreign-born workers in STEM [science, technology, engineering, mathematics] jobs created 262 additional jobs for native U.S. workers."
Wall Street Journal - April 24, 2013 - Founder and former CEO and chairman of AOL, chairman of the Startup America Partnership and the President’s Council on Jobs and Competitiveness. Case has focused on helping foreign entrepreneurs remain in the U.S. so that they can continue starting innovative U.S.-based companies. As Case recently warned the Senate: “[A]s we grow complacent in the global battle for talent, our competitors are picking up the game.” By dragging our heels on immigration reform, Case argues, we risk losing the talent that makes the U.S. the global leader in innovation and entrepreneurship.
The Chronicle of Higher Education - April 17, 2013 - Steve Case is one of the few technology leaders who has lived through two Internet revolutions. The founder of AOL made an appearance this week at theEducation Innovation Summit, the upstart gathering that in its fourth year attracted some 1,400 entrepreneurs, financiers, and educators to the Arizona desert. Most entrepreneurs from the 100-plus companies that pitched their ideas at the conference were too young to recall the ubiquitous shrink-wrapped CDs that helped AOL grow during the 1990s, but Case’s advice on change and innovation still found an audience among many of the twentysomethings in the room. Case’s core message perhaps carried even more significance for college leaders who are struggling with an unsustainable business model but who remained largely absent from this meeting.
Washington Post - April 16, 2013 - “These are complicated issues, and the fact that they came up with a package that deals with immigration in a comprehensive fashion, and the fact that it includes a start-up visa provision and substantial modifications to the H-1B program — that’s encouraging,” Steve Case, head of investment firm Revolution and a member of President Obama’s Council on Jobs and Competitiveness, said in an interview. “But there will be plenty of debate ahead, and the devil is in the details. These next few weeks are important.”
Education Week = April 16, 2013 - Technology may bring transformational change to education, butit's not going to happen overnight, and only companies that persist with a long-term mission in mind are likely to succeed, Steve Case, the co-founder of America Online, told investors and entrepreneurs gatheredhere in Arizona. Case, a big name in the business and technology world, told attendees at the ASU/GSV Education Innovation Summit that technology's influence on schools is most likely only "in the bottom of the 1st inning" and that the most successful companies will need to be both profitable and patient.