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by aclevername 4739 days ago
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.
1 comments
taproot 4738 days ago
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.

link