Aol Sells Bebo For A Song
Apparently the going rate for social networks is only slightly more than the amount of change most people keep in their couches. On March 13, 2008, Aol purchased Bebo (which stood for “Blog Early, Blog Often”) for a staggering $850 million. At the time everyone thought Aol had over paid for the social network, and with the once giant Internet portal now dumping the service, it seems...
