Patch Launches 500th Site

Last year, when America Online officially changed its name to Aol, it seemed like it might be scraping to gain some sort of relevance aside from vague references to the second best movie that starred both Meg Ryan and Tom Hanks (the first is obviously Joe Versus the Volcano). Little did we all know that the company had already purchased Patch, with plans to invest heavily in the venture, hoping to establish itself as the leader in the hyperlocal news movement.

Today,

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