Stumbling Into the Arms of eBay
by Kara Swisher
Posted on June 29, 2007 at 12:05 AM PT
Last night, StumbleUpon–the site that helps you find Web sites based on recommendations from friends and other like-minded people–had a party in downtown San Francisco’s Minna Gallery to celebrate its recent acquisition by auction giant eBay and also just because it is summer.
The Canadian-born social bookmarking start-up, which launched a few years ago, came to the Bay area last year and got some fancy venture investors (Mitch Kapor, Ron Conway, Ram Shriram and others) who ponied up a couple of million dollars.
And, in your typical dot-com Cinderella story, it then proceeded to sell itself to eBay for $75 million recently, after quickly growing its user base to more than two million.
Thus: Party on, Garth!
Here’s a little video I did last night, talking to one of the impossibly young co-founders, Garrett Camp, and also StumbleUpon’s “businessman” (a code word for biz dev), David Lee.
