The Mystery Sale of Metacafe

Rumors are swirling that Yahoo who will purchase the site for a reported $200 million.

Ynet has reported that the site will be sold but did not have details of who the secretive buyer could be. Eyal Herzog, Arik Czerniak, and Ofer Adler founded the Tel Aviv-based company in July 2003. Since the Metacafe launch the company has earned close to $20 million. Most of their earning came from venture capital groups Benchmark Capital and Accel Partners. Metacafe has a global audience of 17 million unique visitors viewing over 400 million videos a month according to comScore Media Metrix. The company is a competitor to Google video. Responses on the Metacafe sale to Yahoo have been mixed. On Murdok for the latest ebusiness news.