David Carr reported Sunday in The New York Times on the future of Patch and the vision that’s kept it alive so far. In a phone interview with Carr, Tim Armstrong, AOL’s CEO, continued defending the project he first envisioned.
At the end of the day, could Patch have been run better? We don’t know,” he said. “We were doing this while we navigated turning around the rest of the company. Patch was one of the big bets that we made, among others, and I still believe local will be a big opportunity whether it is Patch or someone else.”
