eBay Stumbling Away from StumbleUpon

eBay has received a lot of grief for its acquisition of Skype - most of it focused on the fact it wildly over-paid ($4.2-billion).
To some extent, you could argue Skype was a strategic move because eBay was looking for a way to roll out communication tools to buyers and sellers.
The same, however, cant be said about StumbleUpon, which eBay acquired last year for about $75-million. Then and now, there doesn’t seem to be a strategic fit with eBay and StumbleUpon, which lets people randomly discover new Web sites. Finding a strategic fit is like trying to Waldo.
eBay doesn’t get much flack for buying StumbleUpon because $75-million is a proverbial drop in the bucket for a company with revenue of $8-billion.
Now, according to TechCrunch, StumbleUpon is on the block as eBay looks to become more focused at a time when its online auction business is seeing slow growth. StumbleUpon has seen some sweet growth over the past year so finding a buyer should be pretty easy, although volatile economic conditions are a wildcard.
The next key question for eBay is what to do with Skype. It’s a terrific, fast-growing business so there should be no pressure on eBay to do anything with it all unless a blow-you-away offer comes through the door.
Technorati Tags: ebay, stumbleupon
Related posts
- No related posts.
Subscribes
Archives
-
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- November 1999
- January 1970
Sipy...
-
News, opinions and announcements about fast changing communication tools and technologies, from various blogs and ezine.
