Y Rumors ?
yrumors.blogspot.com
yrumors.blogspot.com
Not to say that they weren't/aren't smart guys running a good company that caught some bad luck, but the signs were there and there's a chance with a different approach we'd all be using their calendar now.
Personally I feel they got good money for what they made. If I could throw something together and sell it for that much on ebay I would but I believe the price they recieved was linked really to Y Combinator and as such the right people saw there listing.
I heard that they did have acquisition offers but they didn't want to commit to working for a new company for so many years. Ebay was the only way of selling with minimal commitment to the purchasers.