They're baaaack. The rumours about eBay buying StumbleUpon have resurfaced, but this time it's the Wall Street Journal that is breathing new life into the story â€" a tale that was sparked first by TechCrunch back in April. At that point, the site â€" which was created by Garrett Camp and two university friends in Calgary â€" was rumoured to have talked with Google and Yahoo as well as eBay, and the price was said to be in the $45-million range. Now, according to the WSJ, it's more like $75-million. Not bad for a site that has 2 million users.
Does it make sense for eBay? When the rumours first surfaced I wrote a post saying that I didn't get it, and I still don't. Muhammad Saleem at ProNet and Pete Cashmore at Mashable wrote about how they could see it working, but I still don't buy it. Maybe eBay has some kind of grand vision that I'm not seeing â€" or maybe it's just desperate for growth of any kind.
link to original post