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OHCHUTE

Unbelievable story==BEBO

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A man and wife team create Bebo.com in 2005. Sold it to AOL in 2008 for $850 million, that the owners made over a half a billion dollars. During the dot com bust the firm lost ground especially to competitors like FB. The original ownes bought it back from AOL for 1 million. The site doesn't work. Te buy back was probably just having fun. As there is no way Bebo will surpass FB.


Jeesh, how do make money like this....

BTW: Falco who bought Bebo while CEO of AOL is now CEO of Univision which topped NBC during rating sweeps this year.

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