Criterion Capital Partners

Christopher Lord co-founded the company in 2002.^[3][4] Criterion acquired social networking service Bebo in 2010. Bebo was previously owned by AOL, who originally purchased the service for $850 million in 2008.^[5] The acquisition had failed as Bebo's business was declining. AOL sold the company for less than $10 million to Criterion.^[6][7] Following the acquisition, Bebo's business did not improve. In April 2012, the minority shareholders filed a $5 million suit against Criterion for “destroying the site". Then in May, TechCrunch reported that Bebo filed for voluntary Chapter 11 bankruptcy.^[8][9]

In 2018, the Wall Street Journal reported that the company was shutting down.^[10]