The news that Bebo has acquired AOL for $850 million is amazing news! Smaller, newer and more nimble companies acquiring old slow dinosaurs is really the only way to go. Just think how less evil Microsoft would be if Netscape acquired it? I predict Digg buys out the NY Times in the next year. Congrats to Bebo’s founders, Michael and Xochi Birch, a couple of very cool cats who followed their passion to their inevitable conclusion. One of the last LunchMeet shows I did while at PodTech was with Michael and Xochi.
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