Matthew Ball @ballmatthew Venture investor, strategist, essayist, that guy on Twitter. Prev. Head of Strategy @AmazonStudios, ex-Otter Media, @MediaREDEF. 🇨🇦 Sep. 30, 2019 1 min read

Verizon (2018): We're done making media investments, we're going to be a network company.

Verizon (2019):
- We're testing a game streaming service
- We're buying Jaunt VR

Honestly.

Reminder: Verizon invested at MoviePass in Q2 2018 at nearly $4. It now trades for $0.0040

 https://deadline.com/2018/04/moviepass-parent-helios-and-matheson-shares-spike-verizon-stake-1202365129/ 

And lost $1.5B on Go90  https://digiday.com/media/go90-never-shot/ 

And wrotedown half of the $9B AOL+Yahoo after two years  https://www.hollywoodreporter.com/news/verizon-takes-46-billion-writedown-oath-unit-1168225 


You can follow @ballmatthew.



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