REV2.ORG -- July 31 -- Bebo, the third most popular social networking site in terms of users (34 million) and pageviews (100 million per day) has taken the world by storm. It was the most popular search term on Google for 2006 and reportedly has declined offers of $550 million and $1 billion. Despite some basic features that can make the website look a little messy, this 50-employee startup is immensely popular in several countries, including the U.K., Ireland, Australia, and New Zealand. With a recent infusion of $15 million, dreams of reality TV for the web, and an increased focus on creating third-party apps, Bebo may be well positioned for the second dotcom bubble. FULL ARTICLE @ REV2.ORG