| Founded | 2005 |
|---|---|
| Closed | 2013 |
| Country | USA |
| Sector | Social |
| Total raised | $850M acquisition by AOL |
| Collapse type | Acqui-hire |
| Founder | Michael Birch |
Bebo
"The social network AOL paid $850M for — sold back to its founder for $1M five years later, after AOL did nothing with it while Facebook took all its users"
Key Events Timeline
Bebo was founded in 2005 by Michael and Xochi Birch and became the third-largest social network in the English-speaking world, with dominant market share in the UK, Ireland, and Australia — markets where it beat MySpace.
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