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AOL buys Bebo for $850m cash

Congratulations to the company, the Birch family that founded it and also to Balderton as an investor.

It is great to see another European success story like this.

Full details on Techcrunch UK, and for the financially curious some stuff on the Balderton site.

  • Now they've got some money - reckon Balderton will start investing in the younger companies again.? eh... eh...
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