Bebo cofounder Michael Birch buys back a piece of his baby

Bebo cofounder Michael Birch buys back a piece of his baby

After AOL sold Bebo, many scoffed at the idea of the social network’s resurgence. Despite AOL’s years of neglect, Bebo cofounder Michael Birch isn’t among the naysayers. Birch will be rejoining Bebo as an investor and advisor, purchasing a significant non-controlling stake in the company.

There’s no word yet on what the purchase price was. Birch will be advising Bebo’s product and technical teams led by Kevin Bachus, an early member of Microsoft’s Xbox team, … Continue Reading

Roundup: Peak coal, Yahoo-Bebo rumors, Mixercast and much more

Bebo cofounder Michael Birch buys back a piece of his baby

After AOL sold Bebo, many scoffed at the idea of the social network’s resurgence. Despite AOL’s years of neglect, Bebo cofounder Michael Birch isn’t among the naysayers. Birch will be rejoining Bebo as an investor and advisor, purchasing a significant non-controlling stake in the company.

There’s no word yet on what the purchase price was. Birch will be advising Bebo’s product and technical teams led by Kevin Bachus, an early member of Microsoft’s Xbox team, … Continue Reading