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Bebo Shuns $550 Million Acquisition Offer

with 3 comments

Is this greed or lunacy? $550 million clams! Is social networking the next dutch tulip craze?

Written by Joe

July 11, 2006 at 11:02 am

Posted in Uncategorized

3 Responses

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  1. Makes you wonder what kind of ROI the VCs are looking for – they can’t have invested more than $55 million surely ?


    July 11, 2006 at 1:40 pm

  2. Benchmark recently invested USD$15m. Sure as hell beats 10x returns… Remember social networking is made of people, content hosting and bandwdith costs are negligible.


    July 11, 2006 at 1:48 pm

  3. Well it’s caught on like a wild fire in Ireland. Unbelieveable use by the 15-25 age group. They did someting right.


    July 12, 2006 at 12:14 pm

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