Bebo’s Founder Says He’s Bought It Back For $1M, Plans To ‘Reinvent’ It

Re:Bebo’s Founder Says He’s Bought It Back For $1M, Plans To... by aclevername on Monday July 01, 2013 @07:09PM (#5974327)

Bebo is buying back whatever is left of its userbase? I don't understand why the founder doesn't just stick the $1MM into seeding and promoting his new social project vs. attempting to resuscitate what is there.

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Re:Bebo’s Founder Says He’s Bought It Back For $1M, Plans To... by taproot on Tuesday July 02, 2013 @10:44PM (#5982122)

1M is chump change for a large code base and business infrastructure.

Not even counting the userbase.

There could also be some kind of noncompete this gets around.

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