bebo closing down!



Of course it is. AOL's business model is much like trend setter and market leader Yahoo...

Business by Ya "who?"

1. Pay for great business (ideally one that was "all the rage" years prior to purchase).
2. Try to do something with it (likely something no one can decide upon, because they're just too damn "blue sky" good), so do nothing, aside from some shitty ads and a few logos.
3. Sit back with feet up and watch the userbase trend of the site continue down.
4. Close it and tell yourself it was just the current climate, not early 90s knowledge and close mindedness.
5. Pat yourself on the back and try to think of how to get the money to buy something original and cool like Hotmail or Lycos...
 
wait what? is it really closing down? when? why not sell it? that is a lot of good code, emails, profiles just being thrown down the window
 
They'll sell it, Bebo should work on certain demographics. AOL wasted money and has applied its bad business model to something like a social network.
They can sell for around 100 millions $ only for the huge user list.