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Vahe Habeshian
Vahe Habeshian   BIO
05.09.07

eBay Does Acquisition Dance for Stumblers


MarketingVOX: eBay is approaching the last leg of its negotiation talks for StumbleUpon, setting the bill of sale at $75 million, divulges TechCrunch.
Having raised just $1.5 million in one round seed financing, StumbleUpon’s $75 sale will long be bringing bread for its investors. And though the agreement is not yet final, the purchase seems certain. The startup has been courting acquisition since last November.
StumbleUpon, a service that parks a “Stumble!” icon on Web browsers and loads a random medley of websites guided by user feedback, boasted 2.1 million users in April, up from December’s 1.7 million.
A little over 4 million sites per day receive “stumblers” seeking sites of interest to them.
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