The British founder of Bebo, the social network which briefly soared in the noughties, has bought back the company he originally sold for 0 million for just

The British founder of Bebo, the social network which briefly soared in the noughties, has bought back the company he originally sold for $850 million for just $1 million.Michael Birch tweeted that he is looking the "re-invent" the website, which he sold to AOL in 2008.When you’re done, it updates your profile with a nice little graph depicting elements of your personality.I really give them props for not spamming my profile page with unnecessaryily large banners.

The British founder of Bebo, the social network which briefly soared in the noughties, has bought back the company he originally sold for $850 million for just $1 million.

Michael Birch tweeted that he is looking the "re-invent" the website, which he sold to AOL in 2008.

When you’re done, it updates your profile with a nice little graph depicting elements of your personality.

I really give them props for not spamming my profile page with unnecessaryily large banners.

You could say that five years was a good innings for a network whose audience arguably grew up and moved on to Facebook – along with some 400 million other people.

However, AOL, which paid $850 million to purchase the site from the UK developer Michael Birch and his partner Xochi only two years ago, obviously intended for the site to last longer and return some of its investment.

You can answer over a hundred questions to get a more accurate psychological profile.

Michael Birch tweeted that he is looking the "re-invent" the website, which he sold to AOL in 2008.

When you’re done, it updates your profile with a nice little graph depicting elements of your personality.

I really give them props for not spamming my profile page with unnecessaryily large banners.

You could say that five years was a good innings for a network whose audience arguably grew up and moved on to Facebook – along with some 400 million other people.

However, AOL, which paid 0 million to purchase the site from the UK developer Michael Birch and his partner Xochi only two years ago, obviously intended for the site to last longer and return some of its investment.

You can answer over a hundred questions to get a more accurate psychological profile.

So it might be a surprise to learn that they’re bucking the trend in the north Devon village of Woolfardisworthy (pronounced — and thankfully often spelt — Woolsery).

Not only is the pub being refurbished, the derelict manor house is being turned into a boutique hotel.

The fish and chip shop has already been modernised and is apparently doing good business.

AOL offloaded the site to Criterion Capital Partners (CCP) three years ago for a reported figure of less than m.

Unless a buyer is found for the one-time darling of social networks by the end of May, more than 12 million active Bebo profiles will be deleted and one of the largest social networks will cease to exist five years after it was created.