Oh Wow: eBay to Buy StumbleUpon for $45 Million, TechCrunch Reports
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Oh Wow: eBay to Buy StumbleUpon for $45 Million, TechCrunch Reports
In a sign of the viability of the online video video and the multiples it can command, StumbleUpon, a small start-up that allows its users to organize and share video favorites, has agreed to be sold to eBay for $45 million, according to a report by Michael Arrington of TechCrunch. Michael says the company was funded with just $1.5 in seed money. Wow. Om Malik has a very interesting take on the deal. I've posted my video interview with StumbleUpon co-founder Garrett Camp on this page. Garrett is very nice chap from Canada who moved to San Francisco not too long ago. Here's my original post. I reached a company spokesperson by phone a short time ago who declined to comment on the purported acquisition, citing a policy of "not commenting on rumors." See this video on Beet.TV: http://www.beet.tv/2007/04/oh_wow_ebay_to_.html
Blip | July 6, 2007
