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 Send to email | Bebo Founder Winks, Nudges, Pockets Payout (TWX) in TWX |  By Silicon
el 22-Apr-2008 | Hey AOLers! Meet your new co-worker, Bebo co-founder Michael Birch. CNET's Caroline McCarthy watched Michael and Craigslist CEO Jim Buckmaster chat amongst themselves last night at a Glasshouse event in San Francisco. They didn't seem to say much of substance, but that seemed to be fine with Caroline, who declared both men to be " tall, stylish, and exceptionally good-looking." Also: "Witty".
But Michael and Jim must have said something interesting, right? Hmmm. Michael noted that though Facebook has eclipsed his company in the UK, it still has a big presence in Fiji. Also, Michael, likes fish and chips.
How about plans to work with AOL (TWX), following the company's $850 million acquisition? Well, says Michael, there will be a "deep integration" between AOL's IM platform and his site. But nothing in the way of specifics.
An exasperated questioner made one last effort to get a straight answer out of Michael: Why did AOL pay $850 million for Bebo, anyway? " "Eight hundred million," Michael says, "was for Fiji."
See Also: Bebo Buy Silly, AOL Screwed
bebo.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
Bebo co-founder Michael Birch (left), with Craigslist CEO Jim Buckmaster, beer. Photo by Caroline McCarthy
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| Bebo Founder Winks, Nudges, Pockets Payout (TWX) | | Hey AOLers! Meet your new co-worker, Bebo co-founder Michael Birch. CNET's Caroline McCarthy watched Michael and Craigslist CEO Jim Buckmaster chat amongst themselves last night at a Glasshouse event in San Francisco. They didn't seem to say much of substance, but that seemed to be fine with Caroline, who declared both men to be " tall, stylish, and exceptionally good-looking." Also: "Witty". [..] Read complete article | | Published 22-Apr-2008 by Silicon in TWX
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| Meanwhile, back at the plantation | | Bebo founders Michael and Xochi Birch are the latest Web 2.0 entrepreneurs to cash in on user-generated content. A little over a week ago, the Birches sold Bebo, the third largest social network, to AOL for $850 million, about $600 million of which will reportedly go into the pockets of their jeans. As for the millions of members who have happily served as sharecroppers on the Birches' plantation, [..] Read complete article | | Published 22-Mar-2008 by Rough Ty in General
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| Proxy Advisors: Dump Take-Two Board (TTWO, ERTS) | | Take-Two shareholders could go into the meeting on April 17 pretty confused. One proxy advisory service tells them to keep the board and approve a golden parachute payout to ZelnickMedia; another one is saying that the both should be scrapped. At this point we're [..] Read complete article | | Published 01-Apr-2008 by Silicon in General
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