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Technology Entrepreneurship by Michael A. Lechter, Robert A. Hisrich, Thomas N. Duening

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Chapter 6. Exit Strategies for Technology Ventures
After studying this chapter, students should be able to:
▪ Explain the various exit strategies options available
▪ Understand the importance of value creation and return on investment
▪ Execute the process of going public
▪ Identify aspects of a merger
Tech Venture Insight

StumbleUpon Acquired by eBay for $75 Million

Internet search service StumbleUpon was acquired on May 30, 2007, by technology giant eBay. The venture was launched in 2002 by Geoff Smith, Garrett Camp, and Justin LaFrance. StumbleUpon gives people a way to discover relevant and entertaining content based on personal preferences and community recommendations. In its announcement of the deal, eBay said that it acquired StumbleUpon for ...

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