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stumbleupon.com - 4/13/2009

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!

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kara.allthingsd.com - 4/13/2009

StumbleUpon Stumbles Out of eBay’s Arms to be Reborn as a Start-Up

— kara.allthingsd.com — The content discovery service StumbleUpon has gotten itself back to start-up status, after being bought by eBay... two years ago, announcing today that was being backed by a roster of well-known Silicon Valley investors. More to come, but here’s ... (more) StumbleUpon Stumbles Out of eBay’s Arms to be Reborn as ...

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techcrunch.com - 4/13/2009

Breaking: Ebay Unacquires StumbleUpon

— techcrunch.com — Back in September, we reported that eBay was attempting to sell off its stake in StumbleUpon, the... website recommendation service it bought for $75 million in 2007 . That didn’t happen. Instead, the company has been bought back by its investors ... (more) Breaking: Ebay Unacquires StumbleUpon

eBay

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eBay Sheds StumbleUpon; Skype Next?
paidContent — ... ) is handing the company back to its founders as well as Sherpalo Ventures, Accel Partners and August Capital. Financial terms were not disclosed. In a blunt statement, StumbleUpon founder Garrett Smith said there were "few long-term synergies" between eBay's online retail business and StumbleUpon. "It is best for us to part ways and focus on our respective strengths," he said. ...

How eBay Can Have $3 Billion in the Bank and Still Be Broke
Gawker: valleywag — ... according to the New York Times: eBay had $3.19 billion in cash at the end of last year, but $2.8 billion of that money is overseas and would be subject to repatriation taxes if the company were to invest it in its ailing United States e-commerce marketplace, according to analysts. Luckily, it's found some eager buyers: The founders of the startups it enriched through purchases. Garrett Camp and Geoff Smith (right) have just bought back StumbleUpon, a social-news startup it bought for $75 million two years ...

How eBay Can Have $3 Billion in the Bank and Still Be Broke
Valleywag — ... according to the New York Times: eBay had $3.19 billion in cash at the end of last year, but $2.8 billion of that money is overseas and would be subject to repatriation taxes if the company were to invest it in its ailing United States e-commerce marketplace, according to analysts. Luckily, it's found some eager buyers: The founders of the startups it enriched through purchases. Garrett Camp and Geoff Smith (right) have just bought back StumbleUpon, a social-news startup it bought for $75 million two years ...

eBay sells StumbleUpon back to... StumbleUpon
Download Squad — Filed under: Social Software, WebA few years ago eBay went on a buying spree and started snatching up companies ranging from Skype to StumbleUpon. While it made plenty of sense for eBay to acquire PayPal, a company that many eBay users were already using to facilitate financial transactions, Skype and StumbleUpon seemed like odd fits. Sure, you could try to figure out a way to use a social web site discovery tool to promote auctions, and you could use Skype's communication tools to encourage communication between buyers and sellers. But both Skype and StumbleUpon seemed like square pegs in eBay's round hole. Now hot on ...