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Bebo founder buys back company for $1 million after selling for $850 million
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The following comments relate to this news article:

Bebo founder buys back company for $1 million after selling for $850 million

article published on 1 July, 2013

Five years ago, Michael and Xochi Birch sold their popular social network Bebo to AOL for a handsome sum of $850 million. The Birches pocketed over $300 million from the sale and quickly after selling the company fell apart on a scale similar to MySpace, as Facebook became the dominant player in the space. In 2010, private equity firm Criterion Capital purchased the site for $10 million ... [ read the full article ]

Please read the original article before posting your comments.
Posted Message
PraisesToAllah
Member
_ 		1. July 2013 @ 17:01 _ Link to this message    Send private message to this user   
trolling
[ + quote]
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daniel3
Newbie

3 product reviews
_ 		1. July 2013 @ 20:49 _ Link to this message    Send private message to this user   
LOl that is good short sale!
[ + quote]
ps3lvanub
Suspended due to non-functional email address
_ 		2. July 2013 @ 06:21 _ Link to this message    Send private message to this user   
ggwp
[ + quote]
Mrguss
Senior Member
_ 		2. July 2013 @ 13:55 _ Link to this message    Send private message to this user   
Sweet Deal!
It happen to me with a house I dump in 2007 & get it back in 2011.
[ + quote]
Live Free or Die.
The rule above all the rules is: Survive !
Capitalism: Funnel most of the $$$ to the already rich.

This message has been edited since posting. Last time this message was edited on 2. July 2013 @ 13:56
KillerBug
AfterDawn Addict

1 product review
_ 		2. July 2013 @ 18:25 _ Link to this message    Send private message to this user   
LoL...nice to see someone getting money back from AOL.
[ + quote]
Picazzo
Junior Member
_ 		3. July 2013 @ 13:55 _ Link to this message    Send private message to this user   
LOL.....Bebo sucked in the beginning and it still sucks now...Boy those two dorks know how to polish a turd and sell it for 850 mill and buy a turd back for 1 mill....LOL
[ + quote]

This message has been edited since posting. Last time this message was edited on 3. July 2013 @ 13:55
A5J4DX
Senior Member
_ 		5. July 2013 @ 12:46 _ Link to this message    Send private message to this user   
lol
[ + quote]
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babysatan
Junior Member
_ 		6. July 2013 @ 20:56 _ Link to this message    Send private message to this user   
Well played...
[ + quote]
babysatan will rip your soul...
afterdawn.com > forums > announcements > news comments > bebo founder buys back company for $1 million after selling for $850 million
 

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