Acquired Special: Acquired x My First Million
45 snips
Sep 9, 2020 
Shaan Puri, host of My First Million and former CEO of Bebo, shares his insights into the highs and lows of the social networking saga surrounding Bebo's tumultuous journey. He delves into the intricacies of acquiring and relaunching the platform, which ended up under Twitch's umbrella. The conversation also features a lively brainstorming session on innovative startup ideas, discussing the shift from venture capital to acquiring established businesses. Get ready for a mix of entrepreneurial wisdom and a splash of tech trends!
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Bebo's Journey
- Shaan Puri bought back Bebo for $1 million after it sold for $850 million.
- Twitch later acquired Bebo from Shaan and his team.
Revitalizing Bebo
- Don't revive internet companies as their former selves.
- Preserve SEO, lower costs, and generate curiosity when acquiring a failed platform.
Experiments and Acquisition
- Shaan's team experimented with Bebo, launching a messaging app, Blab, and a high school esports platform.
- They eventually sold the company, including the esports platform, to Twitch.