Send in the clones
Don't bother, they're here -- and getting millions of dollars in venture-capital funding. Does the world really need another social network? Bebo now has 15 million reasons why it does. Bebo claims that while the U.S. is overstuffed, there's plenty of room to grow overseas, and it's spending some of its cash on opening a London office. Meanwhile, StumbleUpon has raised $1 million in angel funding for its browser-based bookmark-sharing tool, and is drawing kudos from pundits, despite being a minor retool of Del.icio.us. Who knew that "Web 2.0" just meant "two of the same"?
Posted by Owen Thomas 9:51 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.