First I'd like to apologize for my lack of posting lately, I've been really sick with that awful cold I'm sure all of you have experienced! 
Today on my "Tech Crunch" feed I noticed something disturbing, for a small price of $50 million, my baby, my favorite FireFox extension/ time waster/ learning tool may be up bought. This does appear to be a rumour at this point, but I'm scared, I love stumbleupon! They can't change anything. You may remember my previous post about it, and my link is to your left if you want to check out my pages. If you don't have it, again I beg you, get it and use it its great.
According to the site
"Two sources have confirmed that the rapidly growing StumbleUpon recently approached at least one large Internet company to be acquired. The asking price was $50 million."
The CEO Garret Camp was asked about it and he refused, stating "we do not comment on rumours"
/> One potential buyer did say they met with Stumbleupon to talk about "possible business development deals", not an actual purchase.
It does seem, and I'm guilty of this myself, that Stumbleupon is loosing its original purchase and is now being used allot by people trying to start new websites. I do get allot of my traffic from the company, seeing how I did stumble my blog a few times for things like XP tips, but not every article that's for sure. According to the CEO Garret " the company has 1.5 million registered users and an average of 3.5 million page views per day" They can expect to be cash flow positive withing the next few months also.
I have to admit lately I've been seeing allot more retail sites via my stumbles, and I usually give them the thumbs down unless its a really great product, or there is something special I like about it. That's the point of the site is to explore pages with a social network that consists of contacts and pages connected by similar interests. I wouldn't like to see the quality of my stumbles start to decline into an advertising machine...but I do like to read cool blogs and the opinions of others which may be why I justify my site adding.
I guess its in the hands of the users, us. If we continue to like or dislike our sites, the money grabbers will be weeded out by our selections, and the tool will continue to produce quality stumbles. Its in our hands!!
Do I agree with trying to make a quick buck through it? NO, but in a world where businesses may be "made or broke" by Google's page rank, its pretty tempting to do whatever is possible to drive traffic to a site. In fact, driving traffic has become a business itself and so on.
Is this the end of social networking powered sites? Has the ugly corporate hand stepped in again and tainted another great idea? Or can the "Social" aspect of these tools still police itself..I think its up to the people..
/> So coming back to the original topic, I hope we can keep this cool gadget in our hands, don't sell!! Keep the money grabbing honest and keep off my pages!
Ahem,,, if you liked the article, feel free to click on an adsense add on your way out by goooooogle hehehehe
Jill :)
Technorati Tags: Stumbleupon for sale, web 2.0, technology, tech news
Today on my "Tech Crunch" feed I noticed something disturbing, for a small price of $50 million, my baby, my favorite FireFox extension/ time waster/ learning tool may be up bought. This does appear to be a rumour at this point, but I'm scared, I love stumbleupon! They can't change anything. You may remember my previous post about it, and my link is to your left if you want to check out my pages. If you don't have it, again I beg you, get it and use it its great.
According to the site
"Two sources have confirmed that the rapidly growing StumbleUpon recently approached at least one large Internet company to be acquired. The asking price was $50 million."
The CEO Garret Camp was asked about it and he refused, stating "we do not comment on rumours"
/> One potential buyer did say they met with Stumbleupon to talk about "possible business development deals", not an actual purchase.
It does seem, and I'm guilty of this myself, that Stumbleupon is loosing its original purchase and is now being used allot by people trying to start new websites. I do get allot of my traffic from the company, seeing how I did stumble my blog a few times for things like XP tips, but not every article that's for sure. According to the CEO Garret " the company has 1.5 million registered users and an average of 3.5 million page views per day" They can expect to be cash flow positive withing the next few months also.
I have to admit lately I've been seeing allot more retail sites via my stumbles, and I usually give them the thumbs down unless its a really great product, or there is something special I like about it. That's the point of the site is to explore pages with a social network that consists of contacts and pages connected by similar interests. I wouldn't like to see the quality of my stumbles start to decline into an advertising machine...but I do like to read cool blogs and the opinions of others which may be why I justify my site adding.
I guess its in the hands of the users, us. If we continue to like or dislike our sites, the money grabbers will be weeded out by our selections, and the tool will continue to produce quality stumbles. Its in our hands!!
Do I agree with trying to make a quick buck through it? NO, but in a world where businesses may be "made or broke" by Google's page rank, its pretty tempting to do whatever is possible to drive traffic to a site. In fact, driving traffic has become a business itself and so on.
Is this the end of social networking powered sites? Has the ugly corporate hand stepped in again and tainted another great idea? Or can the "Social" aspect of these tools still police itself..I think its up to the people..
/> So coming back to the original topic, I hope we can keep this cool gadget in our hands, don't sell!! Keep the money grabbing honest and keep off my pages!
Ahem,,, if you liked the article, feel free to click on an adsense add on your way out by goooooogle hehehehe
Jill :)
Technorati Tags: Stumbleupon for sale, web 2.0, technology, tech news
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Ciao Jill...
ReplyDeletebut...how many blog have you?!?!
A quick tour.. here for me!!
bye...
http://tippiti-tippiti.spaces.live.com