Balderton profits from Bebo sale to AOL

Balderton Capital will make a return of nine times its original investment from the sale of Bebo, a UK social networking internet site, which the European venture capital firm said is one of the most successful investments in the region in recent years.

AOL, the US internet company, is acquiring Bebo for $850m (€545m) in cash.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire