Signs Of The Bubble
According to this msnbc article, AOL will be buying Bebo for the price of $850 Million USD. Bebo, a social networking site that is best know in Britain and Europe, has a membership of 40 million users. This obviously works out to about $20 per user. My estimate is that each of those users would have to average 20,000 page views, or 2000 hours of site use before AOL would make that money back. Hard to say what kind of growth Bebo is experiencing, but this still seems as though it’s on the expensive side for a site that most North Americans haven’t heard of.