Comments on: Bebo: Up To $1 billion Acquisition “Definitely Happening” Says Source

By: The Morality And Effectiveness Of Process Journalism

The Morality And Effectiveness Of Process Journalism — Mon, 08 Jun 2009 00:40:15 +0000

[...] Bebo Getting Acquired (we had the price range and speculated on lots of buyers while competitors were yelling that it wasn’t true) [...]

By: Giovanni Ribisi News » Public Enemies-Johnny Deep Set Day 1 By Vamp

Giovanni Ribisi News » Public Enemies-Johnny Deep Set Day 1 By Vamp — Sun, 24 Aug 2008 14:25:28 +0000

[...] americano tenta deter os criminososJohn Dillinger,Baby Face NelsonePretty Boy Floyd,transformando o FBI na primeira agÃªncia federal de polÃcia do [...]

By: Rumor: Bebo Acquired for $1 Billion « The BuzzPal Blog

Rumor: Bebo Acquired for $1 Billion « The BuzzPal Blog — Sun, 30 Mar 2008 16:25:51 +0000

[...] TechCrunch [...]

By: Smelling Trouble Behind AOL’s $850 Million Bebo Deal

Smelling Trouble Behind AOL’s $850 Million Bebo Deal — Thu, 20 Mar 2008 15:37:56 +0000

[...] unique visitors in February and 10.3 billion pageviews (per comScore), was growing and it was for sale. Even though AOL is trying to transform itself into an advertising network, it makes much higher [...]

By: FileMaker Freeware

FileMaker Freeware — Fri, 14 Mar 2008 15:03:56 +0000

Looks like you were right!

By: M.Asim shehzad

M.Asim shehzad — Thu, 13 Mar 2008 15:48:16 +0000

I am not convinced with thisd eal.this is more than maximum estimation.
Secondly ,I wonder how this deal will help AOL?
Why AOL have valued Bebo so much high?
HArd to believe

By: hannah

hannah — Thu, 28 Feb 2008 14:08:30 +0000

By: Gregg Nelson

Gregg Nelson — Wed, 13 Feb 2008 22:25:50 +0000

Wow, I hope http://www.oziwi.com will be worth some cash oneday. I will be able to buy a new car.. woohoo. Well done Bebo I know you wish you were as popular as Oziwi.com DownUnder.

By: The Magnate

The Magnate — Wed, 13 Feb 2008 21:34:37 +0000

MagNet is coming!!

By: steve

steve — Wed, 13 Feb 2008 20:56:47 +0000

i smell kickbacks…..social networks are not worth billions…there is nothing new to talk, thats why SN is the talk of the town…just wait few months, ppl forget about SN space

By: anon

anon — Wed, 13 Feb 2008 20:27:32 +0000

Scmidt is connected to Allen & Co. Google bought it.

By: Credible Journalist

Credible Journalist — Wed, 13 Feb 2008 20:19:26 +0000

BREAKING NEWS: Confirmed by anonymous source.

Tech Crunch was definitely acquired today by the Onion News Network. Apparently, they ran out of funny ideas for false news stories and thought that buying TC would keep them going for at least another 6 months. The selling price of $999 a share would put Tech Crunch’s worth at almost 50 trillion dollars – Approximately $49,999,999,999 more than previous estimates by wall street analysts.

This is definitely a fact that is truly for real. Honest.

By: rubu

rubu — Wed, 13 Feb 2008 20:19:05 +0000

They must be having a hard time getting new hires to take their options seriously; at a $15 bn valuation, it’s hard to see more upside than downside.

By: Wil

Wil — Wed, 13 Feb 2008 17:09:25 +0000

Wallstrip did a puff piece on Bebo yesterday:

http://www.wall...com/2008/02/12/

Aren’t they owned by CBS? Maybe that’s the buyer?

By: StartupNewz.com

StartupNewz.com — Wed, 13 Feb 2008 16:34:50 +0000

Source Says: $1 billion Acquisition “Definitely Happened”…

Michael Arrington follows up his previous story on Bebo. He says that Bebo, which is the second largest social network in the UK behind Facebook, either signed a deal, or is sending out false messages that they’ve been or are about to be acquired (w…

By: Evan Quiggly

Evan Quiggly — Wed, 13 Feb 2008 16:30:55 +0000

“What’s clear is that Bebo [...] either signed a deal, or is sending out false messages that they’ve been or are about to be acquired (which is unlikely given Allen & Co.’s involvement). If misinformation is the goal, we’ve bought it hook, line and sinker.”

Seeing as you are citing an anonymous source, and the company hasn’t given an official word on this, I would hardly say anything is clear. Color me skeptical.

By: dave

dave — Wed, 13 Feb 2008 16:26:55 +0000

it’s AOL.

By: Wil

Wil — Wed, 13 Feb 2008 16:21:26 +0000

I don’t get it: if it “definitely” happened why wouldn’t they announce it?

How long is normal on these types of deals between the handshake and press release?

By: Dyde

Dyde — Wed, 13 Feb 2008 16:08:40 +0000

So according to this valuation World of Warcraft should be worth more than Google? Maybe Blizzard should add couple of widgets to the options menu and watch VCs go wild.
The funny thing is Broadcast.com happenned less than a decade ago. Guess people never learn, or there is a nice kickback.

By: Lee Bandoni

Lee Bandoni — Wed, 13 Feb 2008 11:33:09 +0000

Bebo as done a great job in the UK promoting the brand and have kept tight control over 3rd part apps which are killing of myspace.

By: Isaac

Isaac — Wed, 13 Feb 2008 10:53:02 +0000

Bebo has done a great job of establishing themselves as a large SoNet in the English Speaking world. The West is one of the toughest crowds as far as SoMed goes, hundreds of new startups try to do what Bebo has done every year and my hat is off to the team.

They did a great job in the acquisition considering a quick guess that they are getting an avg CPM of $0.30-$0.60. Given they have 4billion ad impressions/month their yearly revenue could be upwards of $10-20 million (I would guess closer to 10)

That gives them a multiple of 50-100x revenue, which is in line with the facebook valuation, but not inline with most post-bubble internet (not to mention non-internet) acquisitions.

With the fickle nature of users, Bebo will likely always be a work in progress, meaning they will continue to lead new development for users like they have with Apps and beyond.

Kudos to Bebo!

By: Hendra

Hendra — Wed, 13 Feb 2008 09:35:37 +0000

$1b, too big a bubble

By: World of Warcraft Makes as Much Money in a Month as Facebook Does in a Year

World of Warcraft Makes as Much Money in a Month as Facebook Does in a Year — Wed, 13 Feb 2008 09:11:36 +0000

if it’s on TechCrunch it has to be true.

By: The Rumors Are Back: Bebo $1 Billion Acquisition "Definetely Happened" Says TechCrunch Source

Wed, 13 Feb 2008 08:18:21 +0000

[...] rumor mill for a Bebo acquisition is flooding again. TechCrunch announced today that Bebo was acquired for a rumored $1 billion. “A high level source has told us that Bebo [...]

By: uploadchoice

uploadchoice — Wed, 13 Feb 2008 08:11:10 +0000

I think it’s still rumor, not official confirmation about this news.