The best replacement for vbo is display list.

The best alternatives to vbo are rated as following:
★★★★★  display list
★★★★  vertex array
★★★  fbo
★★  glbegin
★  immediate mode
★  nvm
★  vao
  vbo

Your alternative for vbo is not listed? Suggest!
Speaking about vbo, one probably shouldn't forget about vao.

Other search terms related to vbo and their ratings are:
★★★★★ vao
You have in mind a companion for vbo and it is not yet here? Propose!



Google Trends

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vbo
display list
vertex array