VIEW EVENT INFORMATION: eBay
StumbleUpon's Ebay Spinoff Valuation: $29 Million
APR
30
Status: Available Now!
Type: News
Date: Thursday 30 April 2009, 06:46 AM
Media: Techcrunch

SOURCE
About the organization EBay:
Type: Business
Sub-Types: Website, Retailing Agent, E-Commerce, Online Deal, Store, Online Store, Internet, Application Software, Telecommunication, Telecommunication Software, Online Shop
Notable Organizations: EBay, Techcrunch
Earlier this month we reported on eBay’s spinoff of StumbleUpon, a company it owned for a little less than two years. Ebay bought the company for $75 million in May 2007. Unknown until now, though, was the spinoff value of StumbleUpon. According to a source close to the transaction, it was $29 million. New investors Sherpalo Ventures, Accel Partners, and August Capital joined…
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