and again WHY?
AOL will acquire yoof social networking site Bebo for $850m cash, the web 0.1 mastodon announced today. Bebo has been on the block for months with the web 2.0 circle jerk merrily tossing the names of News Corp, Yahoo!, CBS, Microsoft - basically anyone in online media - around. It's not clear what the deal will mean for Yahoo …
So, the best way to get someone to buy AOL is...
... to bloat it up with a has-been social network and lumber it with more debt?
Right, so I'll express my non-interest to buy AOL as well, thankyouverymuch...
Paris, because she goes shopping with borrowed money too...
You're the owner of Bebo. A huge ISP (that's what they are, aren't they?) offers to buy your baby for $850m. Why the hell not?
You're a huge ISP. You see a chance to get in with the yoofs of today. You offer a large amount of cash in order to stay relevance. The board approves your payrise.
Everybody wins more internets.
So let me see. The future of Bebo will be full of useless applications that slow the whole thing down, have loads of really annoying notifications, be ugly, be over restricted and not pay any attention to peoples input (If AOL get their mits on it). So, pretty much Facebook...... Oh, well, Orkut it is then!!!!!
I recently gave in to the whole social networking thing and set myself up a Bebo profile after a long and vehement refusal to get anywhere near it!
When I read the first mention of AOL getting their hands on Bebo, I remember a snake-like reaction towards my browser address bar where I started typing "facebo...". Then I caught myself on.
The fact that I was even _considering_ another social networking profile worried me a lot but it also taught me that AOL has a "run like hell" effect on me whenever their name appears to be even fleetingly associated with anything I use.