Email startup Xobni walks away from $20 million offer 926 Owen Thomas 04/30/08 07:20PM Filed to: Startups Startups Jeff Bonforte Microsoft Outlook Xobni Acquisitions Microsoft Valleywag Xobni, led by ex-Yahoo Jeff Bonforte, has declined a buyout offer from Microsoft, finding the software giant's plans for the startup too unformed. This from a team whose product is still in private beta. [TechCrunch]