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Bebo was founded by husband-and-wife team Michael and Xochi Birch in January 2005 at their home in San Francisco. [1] The website name was bought by the founders, and the backronym "Blog Early; Blog Often" was invented to answer the question of what the name meant. [2] [3]
Birch and Xochi later founded the online social networking website Bebo [5] in January 2005, with a major launch in July 2005. In 2007, Bebo had over 45 million registered users and was the sixth most popular site in the UK, bigger than AOL, Amazon.co.uk and bbc.co.uk. [6] Michael and Xochi Birch sold Bebo to AOL in March 2008 for $850 million.
Xochi Birch OBE (/ ˈ s oʊ tʃ i /) is an American computer programmer and entrepreneur in San Francisco, California.She is the co-founder of several companies since 1999, most notably the online social networking website Bebo, with her husband Michael Birch. [1]
The company dropped 'The' from its name after purchasing the domain name facebook.com in 2005 [48] for $200,000 ($312,012 in 2023 dollars [49]). [50] The domain had belonged to AboutFace Corporation. In May 2005, Accel Partners invested $13 million ($19.8 million in 2023 dollars [ 49 ] ) in Facebook, and Jim Breyer [ 51 ] added $1 million ($1. ...
Mark Elliot Zuckerberg (/ ˈ z ʌ k ər b ɜːr ɡ /; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling shareholder. Zuckerberg has been the subject of multiple lawsuits regarding the creation ...
Myspace (formerly stylized as MySpace; also myspace; and sometimes my␣, with an elongated open box symbol) is a social networking service based in the United States. . Launched on August 1, 2003, it was the first social network to reach a global audience and had a significant influence on technology, pop culture and mu
Christopher Lord co-founded the company in 2002. [3] [4] Criterion acquired social networking service Bebo in 2010. Bebo was previously owned by AOL, who originally purchased the service for $850 million in 2008. [5] The acquisition had failed as Bebo's business was declining. AOL sold the company for less than $10 million to Criterion.
[20] [21] In 2004, Napster co-founder Sean Parker became company president [22] and the company moved to Palo Alto, California. [23] PayPal co-founder Peter Thiel gave Facebook its first investment. [24] [25] In 2005, the company dropped "the" from its name after purchasing the domain name Facebook.com. [26]