Just 2 years after AOL paid an estimated $850 million for Bebo.com, the company says it’s ready to sell or shut the service down.

BEBO, largely known as a spamorama to anyone who ever used it, seems to have gone into a sharp downward spiral over the past 6 months.

Too many email notifications, lack of captcha protection for key features, and an overall complicated layout may have been a few of the largest coffin nails for the social network. Traffic has dropped more than 50% in the past 180 days.

The news of AOL’s desire to shed Bebo comes only 6 months after Yahoo closed down it’s free GeoCities Service (Yahoo paid $3.6 billion for Geocities in Jan 99)

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  1. Bebo Traffic Drops 50% in 6 Months

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