David Riley (co-founder) Tomoko Fortune Louis Chang Matt Perona (director of finance) Jeffrey Pisani (director of operations) Sara Parr (director of investor relations) Adam Levin (Bebo) (CEO) Criterion Capital Partners LLC, also known as simply Criterion, was a private equity fund based in Los Angeles, California.
Bebo was previously owned by AOL, who originally purchased the service for $850 million in 2008.
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.
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