AOL to buy Bebo for just under 1 billion

by mtippett | March 13, 2008 at 08:15 am
336 views | 10 Recommendations | 1 comment
NEW YORK--(BUSINESS WIRE)--AOL announced today that it has entered into an agreement to acquire
Bebo (http://www.bebo.com), a leading
global social media network. Together with its AIM and ICQ personal
communications network, the acquisition will give AOL a premier position
in the fast growing world of social media with a network of
approximately 80 million unique users.
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Jarrett Martineau
Jarrett Martineau
flagged this story as Good Stuff

at 08:18 on March 13th, 2008

Facebook: $15 Billion valuation, with Microsoft investment

Bebo: $1 Billion sale, by AOL

That's a pretty significant discrepancy. I wonder which site will end up having more value in the long run.

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