MarketWatch:
http://www.marketwatch.com/story/google-sells-back-aol-stake-for-283-million-2009-07-27

N.Y.T.:
http://www.nytimes.com/2009/07/28/technology/companies/28aol.html

So, Google bought for $1000 million in 2006, and sold for $283 million in 2009.

Google lost approximately $700,000 per day ($8 per second) from this deal.

<< Google lost approximately $700,000 per day. >>

I don't think you're right. At that time, it was a good investment.

<< The deal between Google and AOL is a setback for Microsoft Corp., which had sought to replace Google as the search engine on the AOL service and had been in talks with AOL's parent, Time Warner Corp, since January. AOL is already the largest single source of ad revenue for Google, generating about 10 percent of its ad dollars, according to public filings. >> (http://www.washingtonpost.com/wp-dyn/content/article/2005/12/16/AR2005121601057.html)

Ionut: if it was a good deal for $1000 million in 2006, it would be an even better deal to hang on to it for $283 million in 2009.