is founder and CEO of Shutterstock and a Stony Brook University alum, Class of 1996.
At SBU’s 2017 Commencement ceremony, he received a Doctor of Science for his contribution
to the tech industry including the invention of one of the web’s first pop-up blockers
and for creating and building Shutterstock, the global technology company which disrupted
the image licensing industry. Oringer started Shutterstock with $10,000 in 2003 and
became New York's first tech billionaire
10 years later
. He took the photo service public in 2012. The company started when Oringer noticed
that email blasts of new products got more clicks when they included pictures, but
stock photos were too expensive for advertisers to use, so he bought a camera, took
30,000 pictures and started a website that sold pictures for cheap. In 2016, Shutterstock
announced an exclusive, multi-year distribution deal with BFA, a New York agency that
specializes in fashion, events, and entertainment photography.