Home > Uncategorized > AOL sell’s Bebo

AOL sell’s Bebo

Two years ago, AOL tried to redeem their social networking efforts when they bought Bebo. It was announced that they paid $850 million for it.

Bebo started to fail from the day it started being used. It had a mere 5 million users in February. Which was nothing compared to the huge 210 million users on the social networking giant, FaceBook.

AOL recognized how much of a fail their website was and in they April announced that they were going to either sell or shut down the site.

The company that is buying the site is Criterion Capital Partners. But it hasn’t  yet been announced how much they will be buying it for. I would think it is a fraction of the $850 million paid two years ago.

In my opinion this isn’t great for the FaceBook community because Bebo houses the younger teenager community with user names such as Robbie Boiiii 2kAii10 or xXxXxXxiiTz Yur BabexXxXxXxX. If FaceBook starts getting users with these kind of user names, I will most likely be looking for a different social networking site.

Until next time,

Eoin

Categories: Uncategorized
  1. June 17, 2010 at 5:56 pm

    I read somewhere they were going to sell it for $10M. Not sure of where it was, though, so I can’t confirm it or verify it. 😛 I think that Facebook won’t be plagued by those kind of things simply because Facebook in itself isn’t really fit for them. 🙂 Facebook’s a little more mature than Bebo (and the fact that you can’t have your custom profile with all those silly bebo skins is a proof of that), and hopefully, people who start moving to Facebook will realize the Facebook way of doing things, and behaving, and will leave behind the silly usernames. 🙂

    Hopefully.

  2. Laura Lightyear
    June 17, 2010 at 8:44 pm

    my bebo name was thatswhatshesaid but i used to change it like every day literally haha but i deleted my account when i joined fb. I dont think u can use stuoid names on fb though cos u know when u choose ur screen name it sayd they check each one seperately to make sure it’s a real name? But like even if loads of 12 year olds are on fb, u wont have contact with them unless u add them…haha

    • June 17, 2010 at 11:56 pm

      But evven if I see them. It’s painful to see like.

    • June 17, 2010 at 11:57 pm

      I know that. But it will be painful to see FaceBook getting used by such an immature community.

  1. No trackbacks yet.

Leave a comment