Oh Wow: eBay to Buy StumbleUpon for $45 Million, TechCrunch Reports

In a sign of the viability of the online video video and the multiples it can command, StumbleUpon, a small start-up that allows its users to organize and share video favorites, has agreed to be sold to eBay for $45 million, according to a report by Michael Arrington of TechCrunch.

Michael says the company was funded with just $1.5 in seed money. Wow.

Om Malik has a very interesting take on the deal.

I’ve posted my video interview with StumbleUpon co-founder Garrett Camp on this page. Garrett is very nice chap from Canada who moved to San Francisco not too long ago. Here’s my original post.

I reached a company spokesperson by phone a short time ago who declined to comment on the purported acquisition, citing a policy of "not commenting on rumors."

— Andy Plesser

eBay, StumbleUpon, Michael Arrington, TechCrunch, Om Malik, Online Video, Garrett Camp

By Andy Plesser on April 18, 2007 @beet_tv

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Oh Wow: eBay to Buy StumbleUpon for $45 Million, TechCrunch Reports

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