homepage Welcome to WebmasterWorld Guest from 54.227.11.45
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / WebmasterWorld / Community Building and User Generated Content
Forum Library, Charter, Moderators: rogerd

Community Building and User Generated Content Forum

    
Social Network Site Bebo Files For Chapter 11 Bankruptcy
engine




msg:4572762
 4:20 pm on May 10, 2013 (gmt 0)

What a chequered history!

Looks like Bebo, once an early star in social networking, is progressing to the next step in the long and messy struggle between majority shareholder Criterion Capital Partners and minority shareholders that include co-founder Michael Birch, Hecker Consultancy and SV Angel: Bebo.com, Inc. has filed a voluntary petition for Chapter 11 Bankruptcy in the Central District of California. First spotted by the blog Chapter 11 Cases, this appears to be the latest development in a case that was first filed in February of this year, in which some of the smaller shareholders requested for the courts to appoint a receiver to take control of the company after they judged that it had been mis-managed by Criterion.Social Network Site Bebo Files For Chapter 11 Bankruptcy [techcrunch.com]


Previous stories on Bebo's past.

AOL Sells Social Networking Site, Bebo, To Private Investment Firm [webmasterworld.com]

AOL buys BEBO for $850 Million [webmasterworld.com]

 

treeline




msg:4574558
 10:56 pm on May 15, 2013 (gmt 0)

byebye bebo

Leosghost




msg:4574564
 11:16 pm on May 15, 2013 (gmt 0)

It will not be missed by many..sleazy, bullying, sectarian cesspit that it had become..

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / WebmasterWorld / Community Building and User Generated Content
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved