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eBay acquires StumbleUpon for $40-$45 million

Techcrunch has the scoop: eBay has acquired social networking meets random surfing outfit StumbleUpon for $40-$45 million.

Valleywag does the figures and works out that whilst the deal is obviously good for the folks behind StumbleUpon.. they only ever took $1.5m in funding and never had a full venture capital round; the price means that sites like Digg may only be worth $100-$150 million, and the entire sector worth no more than $500million, which is probably significantly less than the sum total of funding that has gone into startups in Silicon Valley alone.

 

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5 people thinks stuff!

  1. This means that Silicon Valley is bloated…

    By Randy Weinland on April 18, 2007 8:05 pm

  2. A bubble even Randy :-)

    By Duncan on April 18, 2007 8:12 pm

  3. For a long time, I have believed that eBay should have spent money on advertising venue oriented companies, and thought that the Skype acquisition was a stupid move. Only now, it seems to me that eBay’s leadership is coming to the same conclusion! Read the rest of my thesis.

    By Sramana Mitra on April 18, 2007 10:10 pm

  4. [...] Just scanning my rss reader and came upon 901am reporting that StumbleUpon has been purchased by eBay for $45m. [...]

    By The Blog Columnist » eBay buys StumbleUpon - I don’t get it on April 19, 2007 4:04 am

  5. [...] this was started by this company. StumbleUpon, which was recently in news as some PROs thought that Ebay will acquire Stumbleupon. Stumbleupon created a toolbar, which lets users select the topic of their taste and then displays [...]

    By   Discover the new web everyday with these toolbars! by ReviewSaurus - The Techie Dino! on April 20, 2007 1:30 pm

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