eBay Acquires StumbleUpon
It seems that the acquisition season is far from over as eBay has just confirmed their purchase of StumbleUpon to the tune of $75 million. The final price is much higher than the $45 million that was mentioned when eBay was still in negotiation with StumbleUpon earlier this month. StumbleUpon’s members are estimated to be about 2.3 million.
eBay’s senior director, Michael Buhr, said:
“StumbleUpon is a great fit within our goal of pioneering new communities based on commerce and sustained by trust. StumbleUpon’s downloadable toolbar provides an engaging and unique experience to its users, but it is the similarities in our approaches to the concept of community that make it such a compelling addition to eBay.”
Do you guys get the feeling that everybody’s buying everyone else? 
Technorati Tags: eBay, StumbleUpon
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June 1st, 2007 01:02
All major companies seems to be in an acquiring spree. Lets see till where it goes.
June 1st, 2007 01:05
Makes me want to buy something too
June 1st, 2007 01:14
Brown better to start a web2.0 than buying. you can make millions in short time. just kidding
June 1st, 2007 01:27
@ram:
You’re right buddy! I think I’ll go buy a beer instead
June 1st, 2007 01:51
Well, it would have been nice if StumbleUpon would have told me personally that they rejected my bid. Glad to know I have an “in” to the grapevine to learn of this information.
I can see it now: StumbleUpon Products, where you browse one product at a time according to your tastes.
It does worry me though that we’re all headed toward a monopoly and losing out on competitive pricing and such.
June 1st, 2007 01:58
@Mark:
That StumbleUpon products idea may not be a wild guess .. scary thought
June 1st, 2007 07:01
Does it all really matter? Google is going to get so big that they’ll be buying everyone else anyway.
June 1st, 2007 10:29
@listikal:
That reminds me .. I hope we see feed subscriber statistics on Google Analytics soon.
June 1st, 2007 12:01
-Randall Cornett
www.randlife.com
June 1st, 2007 12:35
@Randall:
Good luck!
You’re welcome!
I’ll help. Just subscribed
June 1st, 2007 13:37
lol i agree with Listikal . Ultimately we might see Google buying Ebay .
June 1st, 2007 14:53
@Madhur:
I think you guys might be right on that one haha
June 1st, 2007 17:22
I wanna acquire Brown Thoughts. Please offer me a price, thanks.
June 1st, 2007 17:58
@Vincent:
LOL
June 1st, 2007 22:21
I guess that means customer service goes down the toilet then?
eBay customer service is absolutely useless. You can’t talk to anyone on the phone, and the numpties that deal with your email seem to have the intelligence of demented slugs. I actually wonder if it’s a bot that reads and responds as the responses are so canned, and they never seem to read all your email.
June 1st, 2007 22:35
@Eyebee:
I’ve had a few friends complain to me about that, especially email replies. I actually like StumbleUpon .. I hope it doesn’t go downhill from here.
June 6th, 2007 03:27
I wrote to StumbleUpon expressing my disappointment at their acquisition by eBay. I cited the reason for this as being the dire lack of professionalism I’ve experienced when dealing with customer service at eBay.
I got a reply back from Barry at StumbleUpon, saying that he was sorry I was disappointed but they would be continuing to give support and service in house.
June 6th, 2007 11:03
I hope that’s true. StumbleUpon is one of the better social networks .. at least for me