Michael Birch, co-founder of Bebo sold his social network to Time Warner Inc. (NYSE:TWX) subsidiary AOL for £420 million (converts to $850 million) this past year. After the deal was closed, Birch has been quietly working with Edward Baker on a new start-up called Wordia. Wordia is going to be a video dictionary website that will operate similarly to Wikipedia.

The site will be officially launched on September 18. Birch sent out the following invitation to their family and friends:
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