Bebo co-founder Michael Birch, who made a fortune from the sale of the social network to AOL (NYSE: AOL) two and a half years ago, is once again investing in the site. AOL sold Bebo to private equity firm Criterion Capital Partners this summer; Criterion now says Birch is joining the company as a strategic advisor and will be taking an unspecified stake in the company.
Source: http://feeds.paidcontent.org/~r/pcorg/~3/hNgMgtRo52I/
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