Los Angeles (CA) – Online auction giant eBay is looking to unload StumbleUpon.  According to TechCrunch, an anonymous source says eBay has recruited Deutsche Bank in the hopes of finding a suitable buyer for the venerable website that allows people to recommend their favorite websites.  There’s no word on how much eBay wants, but it spent $75 million last year in purchasing StumbleUpon.

StumbleUpon places a toolbar in your web browser which allows for quick surfing of user recommendation sites.  Users can also recommend their favorite websites and these recommendations are then voted upon by other StumbleUpon users.  We’ve personally used the toolbar for ages (long before eBay purchased the site) and found it to be useful – although in recent months there has been a marked increase in spam website submissions.

There are currently more than six million registered users on StumbleUpon and the site gets approximately 25 to 30 million monthly page views.  While the site is an Internet darling, it looks doubtful that eBay will get its $75 million back.

Yea!

Sep 19, 2008 14:14     

Poor feebay. Going broke fast. Unloading this 'asset' is not going to help their dire financial situation one bit. They have no one to blame other than themselves for having alienated their core user base with corporate greed and shoddy (to non existant) customer service. Woe is you feebay. :D I currently sell on AlsoShop - www.alsoshop.com - amongst a host of other free auction site alternatives and have not looked back at the feebay beast ever since.

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alsoshop.com

Sep 19, 2008 16:40     

Looks like a 12yo put it together as a kids project. I think ill pass on that. At least ebay looks reputable (even after pulling the swifty under the guise of such). Need something that has the investment of ebay but without.. well the fee, and the lack of customer support. I mean what happens when something doesnt go right? They what? Tell you "its nothing we can help with because you dont pay by paypal" and tell you to have a nice day. Ugh. nevermind. Im still waiting for a keyboard mouse combo from 3 months ago. the dispute is stuck waiting for ebays input. Ive given hope on the money already - i guess with enough running in circles most people probably tire out like i have.

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