
Shutterstock Stock Booming, Its Founder Becomes First Silicon Alley Billionaire
It's rather obvious that money is to be made in the stock photo industry. Shutterstock founder Jon Oringer is finding tremendous success with his 55 percent stake his the company. Since filing for an IPO and selling its shares publicly last October, Shutterstock's stock value has more than tripled. In the process, Oringer has become Silicon Alley's first billionaire.