Real Estate Bubble? What About Social Networks?
By: Andy Beal
It's a crazy world we live in, when a social network site I have never heard of before - Bebo - turns down a $552 million acquisition offer...
...from BT just weeks after raising a meager $15 million.
Michael Arrington has the details...
Bebo has been on fire recently, and now has more than 25 million registered users and 3 billion monthly page views. Myspace, for comparison, has 70+ million users and nearly 30 billion monthly page views.
Seems like a lot of companies have heard the news that MySpace is now the most popular web site in the U.S. and they want a piece of the pie while it's still hot out the oven.
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About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.
You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].
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