Comments on: Bebo brings in bank, but says it’s not looking to sell

By: Last year’s rumor was true. Bebo bought — for $850 million, by AOL » VentureBeat

Thu, 13 Mar 2008 15:47:23 +0000

[...] December, I heard that social networking site Bebo had hired investment bank Allen & Co., either to help it sell [...]

By: Trends: Secretive New York bank Allen & Co. gets into Silicon Valley media tech » VentureBeat

Wed, 20 Feb 2008 22:02:37 +0000

[...] Allen & Co. to either raise another round of funding or to sell itself, also last December (our coverage). Rumors continue to swirl around Bebo and its possible [...]

By: VentureBeat » Plaxo reportedly hires bank to help it sell itself

VentureBeat » Plaxo reportedly hires bank to help it sell itself — Thu, 03 Jan 2008 01:59:39 +0000

[...] It’s worth noting that a couple of other large web companies have recently hired banks to help them sell themselves — at least according to our sources — including social news site Digg and social network Bebo. [...]

By: VentureBeat » Bebo’s platform growing fast, worth something?

VentureBeat » Bebo’s platform growing fast, worth something? — Fri, 21 Dec 2007 22:15:58 +0000

[...] That question is no doubt on Bebo’s mind. It has begun working with a bank, purportedly to help it raise more money–not to sell (our coverage). [...]

By: December 20, 2007 | next media update

December 20, 2007 | next media update — Thu, 20 Dec 2007 18:30:44 +0000

[...] Bebo Hires Investment Bank, But Says Not Looking to Sell VENTUREBEAT Social network Bebo recently hired a bank to help sell itself. However, the San Francisco company responded to a request for comment, saying it hired the bank to help it “potentially” raise another round of funding. Hiring a bank for financing suggests it wants to raise a significant amount of funding, probably from private equity firms, hedge funds, or other late-stage investors. Bebo’s competitors have deep pockets: Myspace is owned by News Corp., while Facebook recently took $300 million, including $240 million from Microsoft. Source> [...]

By: Bebo Open Application Platform Supports Facebook Application Portability, eh?

Bebo Open Application Platform Supports Facebook Application Portability, eh? — Thu, 20 Dec 2007 12:32:23 +0000

[...] suspect that the move to support the F8 platform was made out of a need to draw more funding. Perhaps it was also to capitalize the rich breadth of available Facebook applications which could [...]

By: » Social Networks, Bebo And Digg Hire Financial Brokers || Pulse 2.0: Web 2.0 Reviews & Profiles || » Blog Archive

Thu, 20 Dec 2007 08:15:17 +0000

[...] BEBO Social network, Bebo is also rumored to have hired a bank in order to either raise a substantial amount of funding or for an acquisition. Bebo reports that they have more than 40 million total users, of which 12 million are active in the UK and Ireland. Traffic has doubled since last year for Bebo. I picked up the rumor from VentureBeat. [...]

By: Bebo Hires a Bank. Looking to Sell?

Bebo Hires a Bank. Looking to Sell? — Thu, 20 Dec 2007 05:12:40 +0000

[...] behind Bebo may be looking to put some cash in their pockets, one way or another. According to Venturebeat, the company has said that it has hired a bank to potentially raise another round of funding, while [...]