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AOL Plans to Sell or Close Bebo
- kno 17y agoAOL confirm as being notorious for making bad bets.
- code_duck 17y agoI really can't believe how often these giant corporations throw hundreds of millions of dollars at companies they then shelve or sell at a loss just a few years later.
- steveplace 17y agoThere's some accounting voodoo with capex that brings incentives into the whole process.
- tullius 17y agoNo they are just clueless, Bebo was purchased for cash.
- steveplace 17y agoPerhaps I'll rephrase: they use the accounting voodoo as an excuse to buy stuff they have no business acquiring, as their MBA textbooks told them about capex and operational leverage.
- Goosey 17y agoNo! They be taking Bebo's moeny! (sorry, couldn't resist. That typo just reads like lolcat to me)
- thomasreggi 17y agoI've been on Bebo the site design is wonky and confusing. What do you expect?
- dotcoma 17y agodumb and dumber...