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October 20, 2006

Blogging Stocks - Who Will Buy PhotoBucket: It's Not For Sale

Who Will Buy PhotoBucket: It's Not For Sale
Douglas McIntyre, Blogging Stocks

PhotoBucket, the huge online photo sharing site, is not for sale. But of course its CEO decided to have a press interview to make that clear.

In September, PhotoBucket was the 41st most visited site in the US. It had 14.7 million unique visitors, putting it ahead of sites like Overstock and Craigslist. The company is independent and backed by venture capitalists who are probably hungry for the kind of quick return that MySpace and YouTube VCs got.

By talking to the press and signaling that PhotoBucket could be had for the right price, the company is probably starting a bidding war. With photo-sharing and online photo development as two key community and commercial functions on the web, there are several potential suitors.

More at:

http://www.bloggingstocks.com/2006/10/20/who-will-buy-photobucket-its-not-for-sale/

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