AOL's Bebo buy was controversial among execs, blog reports
Not everyone at AOL was in favor of plunking down $850 million for social network Bebo, the Silicon Alley Insider reported Thursday.
Citing anonymous sources, editor Henry Blodget said a number of senior managers at the struggling dot-com thought--and still think--that Bebo won't turn out to be an ad revenue treasure trove.
Executives at several key AOL divisions, including Advertising.com, the Platform-A ad network, and the Userplane chat software product, were not consulted on the acquisition, according to Blodget's sources. "Our sources believe that Ron (Grant, chief operating officer of AOL), at least, was aware that … Read more