All Posts Tagged Tag: ‘Bebo’
In June 2012, AOL sold the Bebo social network to Criterion Capital Partners. About six months later, Entrepreneur Richard Hecker, TV executive Michael Jackson, Ron Conway’s SV Angel Investmets, and Michael and Xochi Birch of MXB Holdings (also Bebo co-founders), invested in Bebo hoping to revive new life and new directions into the platform. One thing that is important to …
Anyone who’s shocked that AOL is giving up on Bebo will probably feel a lot more understanding after viewing new stats from Hitwise. Indeed, the real question a graph seems to raise is not whether AOL’s right to back away, but whether any potential buyers will surface.
View the carnage for yourself below. As you can see, Bebo’s had rather few "up" weeks in the UK since June of 2007, even though Ireland was traditionally one of the markets in which it was most successful.