Even as Bebo's Big Sale Happens, Lofty Valuations Will Elude Other Start-Ups

Clouds are gathering over Silicon Valley’s consumer Internet companies. The sale of social-networking company Bebo comes at a time when private investors are changing their tune. They’re no longer pumping money into start-ups at the same huge valuations they were doing last year.

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This is a section of the AllThingsD Web site featuring posts that have been curated from around the Web: pieces we’ve read, discussions we’ve followed, stuff we like. Five posts are included here each weekday, but only the headline and the first two sentences. We link to the original site for the rest. The section is explicitly labeled, so it’s clear that content comes “from other Web sites.”

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