Barry Maloney, venture capitalist and director of social networking firm Bebo, has dismissed reports that BT made a stg£300 million offer (€445 million) for the firm.
Reports in Britain said that Bebo had rejected BT’s offer and told the telecom firm to think ‘‘north of $1 billion’’ (€783 million).
Maloney is a partner in Benchmark Capital, which invested $15 million in Bebo in May, and would be a major...
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