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idiot inc. executives planning dumb business moves

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Brainy Ideas

Why doesn’t eBay put StumbleUpon up for auction?

September 20, 2008

eBayAccording to a TechCrunch article, in addition to laying off employees, eBay has now hired Deutsche Bank to help it unload StumbleUpon. eBay bought the time-killer site last year for $75 million — there’s no word yet on the asking price or who is interested in buying.

Rather than handing the sale off to bankers in gray suits, why wouldn’t they put the company up for auction as a PR move? Oh right, because eBay auctions suck now.

1
Posted in Brainy Ideas by Jacopo Kane
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Starring: eBay
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Discussion

  1. September 20 at 12:34 am
    Jacopo Kane:

    fucking ebay blew it for me when they sued Craiglist, a company they own 25% of!

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