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Saturday, November 7th, 2009

StumbleUpon Purchased by Original Founders

April 13, 2009 by Stephen Kersey  
Filed under Business News

StumbleUpon Purchased by Original Founders

A couple years ago, StumbleUpon was sold to EBay for $75 million. Today, the original founders of StumbleUpon have purchased the website back from EBay for an undisclosed amount of money.
Garrett Camp and Geoff Smith are the two original founders of StumbleUpon. Those two founders got help buying back the website from other investors including Accel Partners, August Capital and Ram Shriram of Sherpalo Ventures.
When EBay purchased StumbleUpon, there were less than three million users. Currently, the most recent estimate has StumbleUpon with approximately 7.5 million users.
The StumbleUpon service is a recommendation service in which users recommend websites to other …read more


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