So eBay is buying Hunch.
eBay announced it is buying New York startup Hunch, a recommendation engine for its “taste graph” technology to help improve its recommendation services. This allows eBay to focus on the interest graph * what you search for and buy) and add this to social to create more commerce. eBay has the advantage of the widest product catalogue and no inventory but needs to find a better way to compete with Amazon.
Well done to the team at Hunch. co-founders Chris Dixon, Tom Pinckney and Matt Gattis are staying on board. Caterina Fake, who also co-founded Flickr, has already stepped away.