Digital Media

Bebo – exponential decrease in valuation in 8 years

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Bebo was sold on:

2008 by Michael and Xochi Birch to AOL for $850 million.

2010 by AOL to Criterion Capital for $10 million.

2013 by Criterion Capital to Michael and Xochi Birch for $1 million.

Well deserved congrats to Birch couple on the amazing deal they are getting on social network they built on scratch.

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