Whats the purpose of StumbleUpon? StumbleUpon is a new social discovery engine that displays websites that users have never known it ever existed in the world. It’s a place to discover new content, talents, and of course webpages that have never been discovered by many people.
Engineered and programmed by Garret Camp, Geoff Smith, Justin LaFrance and Eric Boyd, StumbleUpon was founded in November 2002.
The popularity of the software attracted Silicon Valley investor Brad O’Neill to take notice of the company and assist with a move to San Francisco, as well as bringing in subsequent fund-raising totaling $1.2 million from other angel investors including Ram Shriram (Google), Mitch Kapor (Mozilla Foundation), First Round Capital, and Ron Conway.
StumbleUpon was owned by eBay from May 2007, when it was acquired for $75 million until April 2009, when Garrett Camp, Geoff Smith and several investors bought it back. StumbleUpon is now an independent, investor-backed start up once again, with offices in San Francisco and New York City.
In September 2012, StumbleUpon released an update for its iOS app that brought the new feature “StumbleDNA,” which aggregates content that is recommended for you, trending content as well as a section where you can view the activity of your StumbleUpon connections. On September 25, 2012, StumbleUpon released a redesign of its website in beta, and extended it to all users on October 24.
The whole purpose of StumbleUpon is to be the next future in search engine discovery with more innovation. In December 2002, StumbleUpon had 1 million users. StumbleUpon claims to have more than 10,000,000 members as of 18 May 2010. StumbleUpon said that before the end of May 2008, it would have collected its five-billionth “stumble”, more than one billion of which would have taken place in 2008 alone. In August 2011, StumbleUpon reached the 25 billion stumble mark, at which point they were adding over 1 billion stumbles per month. In April 2012, StumbleUpon announced that it had over 25 million registered users of the service.
On December 13, 2006, StumbleUpon launched their StumbleVideo site at http://video.stumbleupon.com/. The new site allows users without a toolbar to “stumble” through all the videos that toolbar users have submitted and rate them using an Ajax interface. The site currently aggregates videos from CollegeHumor, DailyMotion, FunnyOrDie, Google,MetaCafe, MySpace, Vimeo and YouTube.
StumbleUpon launched a version of StumbleVideo for the Internet Channel Web browser that runs on the Wii console on February 12, 2007. This version of StumbleVideo is optimized for the Wii’s smaller screen resolution and offers similar functionality to that of the original version.
In September 2013, StumbleUpon acquired 5by, a video discovery app.
After the estimates were made based on valuable web source “Worth of Web”, how much is Garret Camp Worth? He invested and owns so many percentages of other start up companies, he’s building on other projects of his own, his most significant so far is Uber valued at $15 billion dollars. whats all of his stake worth ? Of course hes got so many angel investors and other partners involved but will he ever be indited into the billion dollar club ?
