Mar 13, 2008 01:40 PM
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San Francisco, 1:04 AM
Wed Feb 10
55 posts in the last 24 hours
AOL's new social network Bebo is based in San Francisco, but it does most of its business in Europe. So it's fitting that Benchmark Capital's spun-off European wing — Balderton Capital, led by Irishman Barry Maloney — took home the $140 million jackpot. Maloney and his partners sold the firm's entire 15.7 stake in Bebo, which they purchased for $15 million back in 2006.
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