Wednesday, May 09, 2007

River Raft Guide, Photo Sharing Startup, $250M

The former river raft guide just sold his photo sharing site. The site is said to have 41 million users and nearly 3 billion images.


MySpace to acquire Photobucket
Tue May 8, 2007 12:13PM BST
By Kenneth Li/Eric Auchard

LAS VEGAS/SAN FRANCISCO (Reuters) - MySpace, part of Rupert Murdoch's News Corp. has reached a preliminary deal to acquire Photobucket, the world's top photo-sharing site, for around $250 million in cash, a source familiar with the deal said on Monday.
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