Ebay Acquires Milo For $75 Million | Hacker News Reader

Ebay Acquires Milo For $75 Million

techcrunch.com

45 pointsjlhamilton17 comments

This is one of those companies I actually really wanted to see get bought out by a large player.

Milo is a good site but has nearly reached the boundary of what they can offer at their current scale. They seem to have a decent interface to all the major retailers which offer reasonable inventory access to them. The next stage will require a lot more business development, data pushing and marketing. As a user, I can't wait to see the results.

Congrats to the Milo team.

This is going to do wonders for Ted Dziuba's ego.

His tweet of the announcement is, characteristically, more entertaining than the one in the article from the CEO:

http://twitter.com/dozba/status/10401328010366976

I just discovered Ted Dziuba through your post. This is incredible. He's like a mini Zed Shaw.

http://teddziuba.com/2008/04/im-going-to-scale-my-foot-up-y.... http://teddziuba.com/2009/09/twisted-vs-tornado-youre-both.h... http://teddziuba.com/2008/11/avoiding-nlp-at-all-costs.html

This just goes to show that there's exactly zero consequence to running your mouth off on the internet.

Posting this from like my sixth HN account because I keep getting banned for trolling.

I dunno, there's a big difference between "running your mouth off on the internet", and "running your mouth off on the internet, often being right and at least having solid supporting arguments when controversial".

I don't mind people being opinionated, or even wrong - if they also demonstrate they've thought about the subject at hand. Extra credit when people are controversial and entertaining at the same time.

Congrats on the sale Ted, I hope it works out well and was what you wanted - and keep on entertaining (at least some of us) with your public persona/writing.

Well, maybe the consequence is getting bought out by eBay there, minized.

Maybe you should stop?

bootstrapped with ONLY $5 million in venture capital investment! Sometimes I wonder if Techcrunch understands the buzzwords they write.

I think they mean in relation to the exit.

I hope that adorable real-life dog that they based their logo on is going to get some sort of diamond collar, or a dinosaur bone of some sort for this. It's rare that a cute pet makes a good logo. :)

A conveyor belt will deliver him filet mignon at a rate of one per minute

And that's just the beginning.

There is something in the ventilation system on University Ave that breeds success. Congrats to Milo!

From the article, it looks like Milo wanted to sell quickly before Google ate their lunch. I don't think Milo's leadership intended to sell the company at this stage of its existence. From an article the CEO did almost a year ago, I think it wanted to be like Ebay or Google, not be prematurely bought by one of them:

"About a year later, I saw 165 University Avenue for rent. I knew I had to have the space. It’s the same building that housed Google, PayPal, Danger, and Logitech. We moved in and have grown from 2 to 10 employees since then. Milo.com, which started out as an idea in an apartment, now has over 1 million unique visitors!"

http://under30ceo.com/jack-abraham-has-taken-milo-com-from-i...

Ha, eBay has it's own local product search now. Google does too. Amazon doesn't, Facebook doesn't, Yahoo and Microsoft? Nope. I smell more acquisitions.

Krillion (old), Retailigence(new), Goodzer (brand new).

Who's next?

Multiple sources:

http://news.ycombinator.com/item?id=1963247 - milo.com

http://news.ycombinator.com/item?id=1963126 - vator.tv

http://news.ycombinator.com/item?id=1963125 - techcrunch.com (this one)

No doubt we'll see more as all the usual suspects pick up the story.

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