Tuesday, July 02, 2013
Pay Day Loans Ca Ching! Bebo founders Sold to AOL @ $850 Million and Bought Back at $1 Million (for "fun"); Was The Beatles A Bad Band Name?
OnlinePayDayLoan.com sold for $16,900 on NameJet.com why? Because One million families are being forced to take out payday loans EVERY MONTH as they struggle to meet the rising cost of living; It's a HIT space but as you read one with a bad reputation
Plus... Email Is Crushing Twitter, Facebook for Selling Stuff Online; Zimmer and Deen - Pitchmen Gone Bad -- or was it their employers?
How to Work with a Jerk ..... and Michael Birch and his wife, Xochi, netted some $600 million from the sale of Bebo but the business crumbled shortly after the acquisition thanks to AOL's mismanagement and the rise of Facebook. So he bought it back for $1 million as a "toy".
And as the Rolling Stone article points out- bands need names!