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VIEW EVENT INFORMATION: eBay |
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StumbleUpon's Ebay Spinoff Valuation: $29 Million |
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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 |
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Notable Organizations: EBay, Techcrunch |
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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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