Update: The unscoop
On 20 June, I reported that "social networking powerhouse Bebo has has hired veteran marketer, entrepreneur and digital expert Sháá Wasmund as the Managing Director of their UK operations."
Well, it looks like Sháá has changed her mind, turning her back on a what looked like a fantastic deal with Bebo to work on a new venture with Dan Wagner on a yet-to-be-named real-estate project. Wagner runs Venda, an e-commerce provider.
All I can say is that it must be a very interesting project, as Shaa certainly is a fantastic judge of opportunity and business potential.
More on this as the story develops ... Here's the report from the Sunday Times:
New director says bye-bye to Bebo
The internet entrepreneur who last month agreed to become the UK director of Bebo, the fast-growing website popular with teenagers, has decided to quit for another venture, turning her back on an equity stake potentially worth millions.
Shaa Wasmund is to team up with Dan Wagner, who now runs Venda, which provides e-commerce sites for many leading retailers. Wagner is best known in the City as the head of Maid, an often-controversial online information company that later changed its name to Bright Station. Wagner and Wasmund are to work on a yet-to-be-revealed residential-property business.
Wasmund said she had turned her back on “a fantastic deal” with Bebo because of her desire “to build something up from the ground”. She and Wagner had been talking about working together for a while, but he finalised his plans shortly after she took the Bebo job.
Michael Birch, the British founder of Bebo, was understanding about Wasmund’s reasons for leaving. “Shaa’s great,” he said. “She’s very entrepreneurial. I want to keep working with her in some way."
Technorati Tags: social.networks, 2.0, startups, bebo
Tuesday, July 11, 2006