Web2.0 News - eBay acquiring Stumbleupon
Okay, we are going to try some Web 2.0 news from now on…i think…
It looks like eBay is acquiring Stumbleupon for around $50 million bucks. Maybe they can make people stumble onto humorous ebay pages like a Sony laptop being sold for 10K. I am not exactly sure what their plan is but it seems like StumbleUpon is getting bigger and bigger than ever. Yeah, if you had a StumbleUpon site in countries that StumbleUpon doesn’t support, you’d make some big bucks…
High-flying startup StumbleUpon has been rumored to be in acquisition discussions since at least last November. Recently we’ve heard that talks have heated up again, with Google, AOL and eBay as potential suitors. A source with knowledge of the deal now says the company has signed a term sheet with eBay to be acquired. The price is somewhere between $40 - $75 million. (update: GigaOm is now reporting the price at a $40 - $45 million).
StumbleUpon lets users rate websites via a browser toolbar. At any time a user can click “Stumble!” and will be taken to a website highly rated by other StumbleUpon users who tend to vote in a similar way as the person “stumbling.” More often than not, it’s something almost serendipitously interesting to the reader. The company expanded into video referrals in late 2006.
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cool.. but does this sound sortof like another company… i think that it was boogle…