More Rumors of eBay Purchasing Stumbleupon
Wednesday, May 9th, 2007;
-- Andy Beal |
Tech CEO’s are a tricky bunch. Whenever asked about deals or new products, their speech is littered with words such as “no plans” or “not currently.” That’s usually enough to send journalists packing or get bloggers talking (especially this one).
So when in April eBay CEO Meg Whitman dismissed the rumors they were acquiring Stumbleupon with the statement that eBay “had nothing on the docket right now,” that pretty much killed rumors.
Well, today those same rumors surface thanks to a report by the Wall Street Journal.
EBay Inc. is in advanced talks to acquire StumbleUpon Inc…according to people familiar with the matter…the potential price for a deal is in the range of $75 million, these people say. One of the people said that no final agreement has been reached and the talks could fall apart. An eBay spokesman said the company doesn’t comment on “rumors or speculation.”
So, will it happen this time, or shall I just meet you back here in a month for the next rumor report?
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May 9th, 2007 at 12:01 pm
I think you will be reporting this one again in the future…
May 9th, 2007 at 1:31 pm
[...] The eBay-StumbleUpon deals is apparently back on the front-burner, according to the Wall St. Journal. The price-tag is now $75-million, which is staggering given StumbleUpon raised $1.5-million last year. To be honest, I still don’t see the fit but I didn’t see how Paypal fit into eBay’s corporate strategy. In particular, I don’t understand the talk that eBay could somehow integrate StumbleUpon into Paypal to create a multi-feature application beyond voice and instant-messaging. For more, check out Mathew Ingram and Andy Beal. [...]
May 9th, 2007 at 3:39 pm
[...] Rumors about eBay buying StumbleUpon - reported by Andy Beal of Marketing Pilgrim. [...]
May 9th, 2007 at 3:45 pm
I don’t see how this would benefit eBay other than sellers Stumblin On their own products????
I just spoke with Rand Fishkin and hear I’m not the only Limey SEO guy in the area…. Do you feel some LB here???
Andy…….
May 9th, 2007 at 4:30 pm
I would suspect that they’ll eventually buy StumbleUpon, but there are most likely issues that they have to agree upon first, such as the price. I’m sure it will eventually happen.
May 9th, 2007 at 7:30 pm
Let the rumors fly! I imagine that eBay could probably buy quite a few things with the money they have coming in. I read the other day that in July of 2000, a rare baseball card sold for $1.2 million dollars. (http://www.happynews.com/living/online/history-ebay.htm)
I’ll be interested to see what comes of the eBay/Stumble Upon deal. Thanks for the news.
May 9th, 2007 at 10:27 pm
2 months after the purchase (at some indeterminate point in the future)…
“That’s strange, every third stumble is an EBay auction…”
May 10th, 2007 at 11:20 am
Hmm .. they could build a “StumbleUpon whatever the contact you’re speaking to on Skype has considered buying off eBay in the last few days” feature
June 6th, 2007 at 10:12 pm
I have heard alot about this deal. The rumblings are indicative of a stronger StumbleUpon.