Looking forward to Svpply either (a) being slowly destroyed, or (b) shut down all together so the team can work exclusively on eBay's awful site. Congrats in advance to the team on cashing out 12/24/48 months from now.
You have to become huge to create a VC-backable business on the back of other affiliate programs and it didn't look like they were on that path. This was a good move on their part.
Other than that, your points are valid, especially wrt affiliate based companies.
Doesn't really sound like EBay is excited about Svpply as much as it is about the team. But can the vision that drives and motivates the team of an awesome startup like Svpply exist inside a giant corporation?
On the other hand, I am happy these guys got their payday. They built an awesome site and totally deserve it.
Here's to hoping that eBay doesn't screw up the site too badly...
On another note, if you truly find the site useful, you should be interested in its longevity. For all you know, a team of 7+ with an affiliate sales model and only 60,000 monthly uniques may not have been able to sustain this product without interest from a larger corporate entity.
In essence, a sale is not synonymous with disappearance, and sometimes it can even _ensure_ the opposite.
Is this the second NYC acquisition by ebay (the other I know of is Hunch)?
>We created Svpply three years ago with the goal of creating a unified online retail shopping experience by bringing shoppers, tastemakers and merchants onto a single site. Today, we couldn’t be happier to announce that we’ve been acquired by eBay Inc.
>One thing we do want to make clear: Svpply is not going away. We’ll continue to bring our users new products each day — allowing our loyal fans to explore beautiful products and stores, all of them hand selected by the community.
>Our talented team will help eBay expand its focus on merchandising, discovery and browsing. Together, we’ll work to create improved and personalized experiences and merchandising options for eBay.com.
>We’re excited to join the eBay and Hunch teams in the new state-of-the-art technology development center in New York City!
Looking forward to what's coming next.