Bebo Nostalgia – Lessons and a Possible Future?
Aoife Murphy
June 25, 2010
General
3 Comments
Tags: AOL, bebo, bebo sale, Criterion Capital Partners, Facebook, KateModern, Michael Birch, social media, Social Media Networks
AOL must have breathed a sigh of relief when the news of the sale of the social networking site bebo became official last week. The site which cost AOL $850 million two years ago is said to have been sold for a figure less than $10 million to Criterion Capital Partners, an investment firm. While Criterion’s plans for bebo are unclear as of yet, it has been speculated that the firm has serious interest in reviving the waning company.
Regardless of the investor’s plans for the social network, no doubt there will be countless … Continue Reading