Yahoo Heart Bebo for only $1,000,000
Yahoo and Bebo are in talks for a possible merger, the discussed amount is 1 Billion dollars. Bebo is predominantly oriented on the UK teen to young adults market, with a small percent of US coverage. Comscore reports that Bebo's user base is around 14 million, which half the size of Facebook 32 million and about an eigth of Myspace's 107 million. Michael Arrington's reports that the price of $1 Billion, or $73 per user, is "certainly in the range of acceptable".
Wow I can't believe that they would spend that much! That is just crazy. I don't even what to think how much it would cost if Facebook or Myspace would merge with someone that would be a lot of money. I can't believe how these companies can spend so much money in the troubled economy.
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