Bebo may be looking to put some cash in their pockets, one way or another. According to Venturebeat, the company has said that it has hired a bank to potentially raise another round of funding, while a source close to the matter has said that Bebo has in fact hired a bank so it can get sold.
With the hiring of a bank, it’s highly suggestive that Bebo would be looking to raise a very large amount of funding, most likely from private equity firms and others that deal in late-stage investments.
Bebo would be a great investment for Yahoo who could add their ad network and global reach to help build a more successful Bebo.
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