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Published 16:07 2 Jul 2013 BST
Updated 09:55 12 Nov 2014 GMT

We just bought Bebo back for $1m. Can we actually re-invent it? Who knows, but it will be fun trying... — Michael Birch (@mickbirch) July 1, 2013So get ready to 'share the luv', make a load of quizzes about yourself, draw lewd pictures on your mate's whiteboard and carefully select your top 16 mates again, because there's very little in this life more important than making sure your friends are assigned a numerical value in terms of how important they are to you. If you're looking forward to seeing Bebo back in action, let us know what you hope to see the most with the #bebomemories hashtag