Comments on: Bebo Shuns $550 Million Acquisition Offer

By: Bebo

Bebo — Thu, 15 Jan 2009 20:12:43 +0000

Great bit of business if you ask me, for me this is that fastest growing social network and could be floated on the open market for double this figure within a year.

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Techcrunch ” Blog Archive ” Shuns $550 Million Acquisition Offer…

By: desiweb20.com » Sample Article

desiweb20.com » Sample Article — Sun, 20 May 2007 17:25:43 +0000

[...] networking site Bebo being for sale come up every few months. First it was British Telecom for $550 million in July 2006 (we started that one), then the Financial Times reported they were in talks with [...]

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desiweb20.com — Sun, 20 May 2007 17:16:49 +0000

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By: Social Networking » Bebo Rejects $550 Million Offer

Social Networking » Bebo Rejects $550 Million Offer — Sun, 03 Sep 2006 08:54:26 +0000

[...] July 11, 2006Bebo Rejects $550 Million Offer Multiple blogs such as Techcrunch and Mashable are reporting that popular social networking site, Bebo.com, turned down a $550 offer from British Telecom. [...]

By: Erik Fantasia » Blog Archive » Global Popularity of Internet Sites & Services

Tue, 22 Aug 2006 15:31:12 +0000

[...] One of the most talked-about regional differences is that of MySpace and Bebo in the US vs the UK. HitWise reports UK market share of Bebo has surpassed MySpace at 12.9%, and in recent months this seems to have set the blogosphere afire, especially with Bebo’s rejection of £300 million from BT. [...]

By: Techcrunch » Blog Archive » Bebo For Sale

Techcrunch » Blog Archive » Bebo For Sale — Tue, 08 Aug 2006 20:15:50 +0000

[...] Bebo seems to be on a roadshow of sorts through the UK, meeting with potential partners and suitors. Founder Michael Birch told the Financial Times that “he was in no hurry to sell – his company was still growing rapidly”. He also mentioned, however, that the previous rumor about BT offering £300 million for Bebo sparked a ton of interest in the company. [...]

By: Dead2.0 » Antisocial Networking

Dead2.0 » Antisocial Networking — Fri, 21 Jul 2006 18:40:11 +0000

[...] What I really don’t get is the plan to build more social networking sites and add one tiny little feature as a differentiator. “Welcome to Bebo, we’re like MySpace with independent music and colleges links.” They must be doing well, as they turned down a $550 MILLION dollar acquisition offer after raising just under $20 million total. I will rarely say something like this, but I hope they end up with less than half their last offer at most. Way too greedy! I don’t care about the MySpace acquisition price, this is absolutely nothing more than a self-propagating bubble which will see a lucky few run away giggling with wads of cash, and a whole bunch of investors and acquirers wondering what the heck they did with their money (well, not their money, all those people whose pension plans have entrusted the funds with creating additional wealth, but thats just a pesky detail). [...]

By: sickofscammers

sickofscammers — Wed, 19 Jul 2006 12:56:19 +0000

The whole thing is a total scam. We all knew it from the start. bebo. ringo. bunch of dingos poo. they should be prosecuted for the scam where they their software said “input your yahoo / google / hotmail password so we can spam all your address books, take your personal data, open you MS Money files and generally make like crackers”. No one can buy this company, as anyone who did would have to stop doing nasty things like that and the business would collapse. They would also have to remove all the kiddie-self-pr0n, hate speach, defamation and fraud. Basically that appears to be 90% of the site. Its also a share fraud, and, frankly, SEC should act pronto.

By: TechCrunch Japanese アーカイブ » Bebo 5億5000万ドルの買収提案を蹴る

TechCrunch Japanese アーカイブ » Bebo 5億5000万ドルの買収提案を蹴る — Thu, 13 Jul 2006 18:14:33 +0000

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By: Ondas, cables, luces, cacharritos y cachivaches » La compra de Bebo, o como salir en las noticias

Thu, 13 Jul 2006 06:44:56 +0000

[...] Hace unos días TechCrunch anunciaba que Bebo, una red social estilo MySpace, había rechazado una oferta de compra por parte de BT (?) por valor de 550 milloncejos de dólares de nada, afimando que por menos de mil millones, ni hablamos. [...]

By: Ian

Ian — Wed, 12 Jul 2006 23:37:44 +0000

Sadly (for bebo), the whole story is untrue. I just interviewed Michael Birch.

By: links for 2006-07-12 - GurusBlog

links for 2006-07-12 - GurusBlog — Wed, 12 Jul 2006 21:22:33 +0000

[...] Bebo Shuns $550 Million Acquisition Offer Continuamos con noticias impactantes en cuanto a redes sociales. Bebo, la red social con gran éxito especialmente en UK e Irlanda, ha rechazado una oferta de compra de la BBC por $550 millones… (tags: Bebo facebook Social techcrunch socialnetworking uk BBC) [...]

By: Amit Raman

Amit Raman — Wed, 12 Jul 2006 19:55:16 +0000

The price is just right. Companies like FOX or Viacom will have 25MM users that they can market video, music, ads and movies to. They have their own, dedicated pool of customers.

Assuming that 20% of users are regular buyers, at 25MM this means 5MM regular buyers. Let’s say media companies are able to sell and additional $100 / year on entertainment, that equates to an extra $500 MM / year in revenue. Plus, the ad generation on 25MM is HUGE. I think the price is right.

By: Email Bedlam -- Alec Saunders .LOG

Email Bedlam -- Alec Saunders .LOG — Wed, 12 Jul 2006 19:20:29 +0000

[...] I love meeting new people, and email is a fine way to do it. When a friend sent out a change of address notification to his address book the other day, he accidently put the entire list on the CC line instead of the BCC line, allowing anyone who replied all to mail to the whole list again. Some of us regarded this as a golden opportunity. Others got bent out of shape, and began mailing the whole list asking to be removed from all future replies. Ultimately a futile exercise, I’m afraid, as each replier hit the send button before the request arrived in their inbox. It was quite fun as a whimsical conversation about our collective opportunities to be offered a bebo-like ransom for our companies ensued. [...]

By: twopointouch » Beboom - the ingredients of a social network

twopointouch » Beboom - the ingredients of a social network — Wed, 12 Jul 2006 18:48:23 +0000

[...] I wish it was true. I’d love to say that we had been offered that much, but unfortunately, no. Michael Arrington cites sources close to the deal, and at first we thought it was BT. But that doesn’t seem to be the case. It’s not implausible, I think, we do about half the page views that MySpace does so you could argue that it’s worth it. The MySpace sale has been called “the deal of the century”. Yes, it would be terrible in the future to be remembered as the man who turned down half a billion. I can see why other news sources believed it [including this one]. Arrington is reliable and must have had what he thought was good information. Why is social networking so popular? [...]

By: George Nimeh

George Nimeh — Wed, 12 Jul 2006 18:29:18 +0000

If this story is true, it isn’t BT:
http://www.sili..._sides_say.html

By: The Worst Blogs on the web. terribleblogs.com » So here it goes, yet more folks turning down millions…

Wed, 12 Jul 2006 17:26:23 +0000

[...] Posted by theworstblogger on 12 Jul 2006 at 05:26 pm | Tagged as: Bad Wow. Techcrunch is reporting that San Francisco based Bebo has turned down in excess of 550M in a buyout offer. Wow. With social networking sites so big, one has to wonder at what point to Blogs (even Terrible Blogs) will will start to morph into a community that would warrant a buyout even in the millions. Are there any blogs that have sold out for this much yet? [...]

By: The Paradigm Shift » Blog Archive » Bebo Would Be Stupid To take only $550 Million.

Wed, 12 Jul 2006 04:48:52 +0000

[...] “San Francisco based social network Bebo, which recently raised $15 millionfrom Benchmark Capital, rejected a £300 million ($552 million) acquisition offer from British Telecom Group “a few weeks ago”, according to an insider on the transaction. Bebo’s asking price? North of $1 billion” Says techcrunch.com [...]

By: michael

michael — Wed, 12 Jul 2006 04:41:27 +0000

So i read somewhere bebo is actually making like 5x more per user than myspace is. All they need is a little more traffic.