Mon Mar 30, 2020 London
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MOVERS & SHAKERS

The snakes and ladders of society A chronicle of drama, scandal and success in London, Paris, New York and elsewhere

Minor and major

Two Internet titans worth watching

 

Those who wrote off Halsey Minor, founder of CNET, may have done so prematurely given today’s news that Michael Birch has just bought back Bebo for just $1 million.

Halsey and Shannon Minor
Halsey and Shannon Minor
Michael and Xochi Birch
Michael and Xochi Birch

Minor, who filed for Chapter 7 bankruptcy in May, sold one of the first Internet companies to achieve profitability in 2008 for $1.7 billion. In the same year, Birch sold the social networking site Bebo for $850 million.

 

We have it on reliable authority that Halsey Minor is launching a new Internet venture shortly. The intelligent amongst you will indeed watch this space.

 

 

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