$75M is a lot of money any day, but while a few years ago it seemed like a small exit, today it’s actually a very high figure, especially for the Web 2.0 variety of startups that are built on low funding, such as Stumble Upon.
eBay bought SU a couple of years ago for $75M, and if you believe the rumors, the company is looking to unload it, but is seeking the same amount. continue reading...
Editor’s note: I knew we were speaking too soon. One more deal to add to the list: Time Warner to buy Quigo. Added to the bottom of the list, under ad networks.
According to The Jordan Edmiston Group Inc.’s October 2007 Client Briefing report, the number of deals through the first three quarters of 2007 exceeded full year 2006 figures: 637 transactions with $95B in value thus far. Do the math and that is $150M per deal, quite rich. continue reading...
Some time ago, TechCrunch reported that Stumble Upon was shopping itself around for $50M.
Then Om Malik and TC ganged up on eBay and announced that the eBay/TC thing was a fait accompli. continue reading...
I was at a shindig last night, actually left my laptop at work, get in this morning, and what did I miss?
eBay buys StumbleUpon (maybe) for $40-50M. Naturally, everyone has something to say about it. continue reading...
TechCrunch reports that Stumble Upon - a rapidly growing social bookmarking site - is being shopped for $50M.
TC’s Michael Arrington is correct to assert that sometimes an angel investor might name drop a company he’s invested in (ok, or she’s invested in) to a potential buyer and say that for the right price it could be acquired, that does not mean that it actually is. continue reading...
