bebo

After a brief two-year run with Bebo, AOL (AOL) announced Thursday it sold its social networking site to Criterion Capital Partners. Terms of the deal weren't disclosed, but talk around town is that Bebo was unloaded for somewhere within throwing range of $2.5 million, according to a report in Private Equity Hub, or peHub.com.

I wanted to talk to Maha Ibrahim because I kept running into Watercooler. Not a real watercooler, but the community-based fan and games network that's generating lots of buzz in social networking. Ibrahim is a general partner at Canaan Partners, a $3 billion venture capital fund that's one of...