Bebo to be acquired by AOL

AOL just announced plans to acquire Bebo for $850 million (all cash). Congratulations to Michael and the other guys at Bebo!

I was always very impressed with their ability to execute at an amazing pace. Their Engineering team was churning out feature after feature including compatibility with F8 while the business side was focused on making money through innovative advertisement products.

Good luck as part of AOL. I hope they’re not going to slow you down!