eBay Buys Stake in Meetup
Filed in archive Business by Mark Brooks on April 17, 2006
CNET NEWS -- Apr 12 -- eBay invested $2 million in social networking company Meetup.com. eBay's founder and board chairman, Pierre Omidyar, holds more than a 10% stake in Meetup. Last month, Meetup announced it received investments from eBay, Omidyar Network, Draper Fisher Jurvetson, Allen & Co., former Sen. Bill Bradley and Esther dyson
, which amounted to more than a 10% stake in the company, collectively. FULL ARTICLE @ CNET NEWSMark Brooks: Pierre Omidyar likes to invest in community oriented startups. Meetup is hiring for a VP/Marketing, Director of Biz Dev, Product Manager and others.
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