I keep thinking about how and when to launch, but one thing I keep hearing in my interviews is the importance of knowing when to sell. Looks like Bebo's founders knew when to sell.
Jason Calacanis told me that he sold Weblogs Inc because he didn't sell Silicon Alley Insider at its height.
I really liked the explanation in this piece about how Bebo benefited from targeting old fashioned TV advertising agencies that other social networks completely ignored.
man losing 600 million in a year is pretty bad. Wonder if this means that all social networks have lost a ton of value too
I really find this hard to believe :/
Really? You thought Bebo was going to take off, catch MySpace and Facebook, and make AOL billions? To me this was the only way it could end, although I don't think anyone expected a sale this soon.