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eBay Does Acquisition Dance for Stumblers


Whole web worlds,
a stumble away

eBay is approaching the last leg of its negotiation talks for StumbleUpon, setting the bill of sale at $75 million, divulges TechCrunch.

Having raised just $1.5 million in one round of seed financing, StumbleUpon's $75 million sale will bring bread to its investors for many winters to come. And though the agreement is not yet final, the purchase seems certain. The startup has been courting acquisition since last November.

StumbleUpon, a service that parks a "Stumble!" icon on Web browsers and loads a random medley of websites guided by user feedback, boasted 2.1 million users in April, up from December's 1.7 million.

A little over 4 million sites per day receive "stumblers" seeking sites of interest to them.

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