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eBay Inc. - eBay Acquires StumbleUpon
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StumbleUpon is a start-up again!
stumbleupon.com — After nearly two years as a subsidiary of eBay, today StumbleUpon returns to being an independent company.   StumbleUpon is now backed by myself and co-founder Geoff Smith, along with several great investors who’ve backed companies ... (more) StumbleUpon is a start-up again!
Skype Founders Buyback EBay Niklas Zennstrom and Janus Friis Ebay Private Equity - Deal Journal
blogs.wsj.com — A quartet of private-equity firms have joined forces for a leveraged buyout of a global telecommunications firm with hundreds of millions of users. And no, this isn’t a blog post from 2006. A group including KKR, Warburg Pincus, Providence and ... (more) Skype Founders Buyback EBay Niklas Zennstrom and Janus ...
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eBay Dumps StumbleUpon
Silicon Alley Insider — eBay (EBAY) has dumped StumbleUpon, the random-Web site-finding toolbar it bought for $75 million in 2007. The company "has returned to the ranks of an investor-backed startup," according to a press release. Founders Garrett Camp and Geoff Smith are backing the new venture, as are Ram Shriram of Sherpalo Ventures, Accel Partners, and August Capital. Camp, pictured, will be CEO. No financial details disclosed. Smart move by eBay -- while StumbleUpon is a neat site, it has nothing to do with online auctions. Neither does Skype -- the next ...

eBay starts undoing bad acquisitions: Sets StumbleUpon free
Between the Lines — ... and Geoff Smith and investors such as Ram Shriram of Sherpalo Ventures, Accel Partners and August Capital are buying the company back. Camp will be CEO. Terms of the deal weren’t disclosed.  Why the breakup? Camp said:“We realized there were few long-term synergies between the two businesses. It is best for us to part ways and focus on our respective strengths.” The good news for eBay is that it only blew $75 million on StumbleUpon. That sum is basically a rounding error for eBay. Way back in May 2007  eBay thought StumbleUpon would “provide eBay with in-depth exposure to a ...

EBay to unload StumbleUpon, and that might not be all
Betanews — ... Accelerating growth, ironically, was the reason Camp gave for eBay's acquisition of his company, upon completion of that deal in May 2007. ...

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The online auctioneer purchased the "discovery" site in 2007 but never really found a way to use it. It's returned to its status as a venture-backed start-up now.
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The founders of Web recommendation site StumbleUpon have bought it back from eBay, making the company independent again after nearly two years.
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