StumbleUpon, A Case Study In The Efficient Allocation Of Resources
TechCrunch Apr 14 09So StumbleUpon, a social bookmarking site that lets users browse and discover new websites by clicking a button, was a subsidiary of eBay for just less than two years. The acquisition made the startup's founders extremely wealthy, given that they raised just $1.5 million in venture capital, and sold for $75 million. You'd think that the founders (Garrett Camp, Geoff Smith and Justin LeFrance) would be quite content to go into semi-hibernation at eBay and contemplate their vacation homes for years to come. But like so many already-wealthy entrepreneurs, some fire kept driving at them to keep themselves challenged. Full story...
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