EBay takes $46 million loss on sale of StumbleUpon

01 May 2009

EBay has apparently taken a big loss on its recent sale of StumbleUpon. The company bought StumbleUpon less than two years ago in May 2007 for $75 million. But the sale price was only $29 million.

StumbleUpon wasn’t generating enough money to justify EBay’s k

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.