Photobucket CEO & Co-Founder named finalist for Ernst & Young Entrepreneur of the Year!

Posted by on Jun 19, 2007 in Press Releases | 6 Comments

Photobucket CEO and Co-founder, Alex Welch,
Named Ernst & Young Entrepreneur Of The Year® 2007 Award Finalist in the Rocky Mountain Region

DENVER, June 19, 2007 – Photobucket, the world’s largest personal media site, today announced that CEO and co-founder, Alex Welch, is a finalist for the Ernst & Young Entrepreneur Of The Year® 2007 Award in the Rocky Mountain Region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. Alex Welch was selected as a finalist from over 65 nominations by a panel of independent judges.

Founded in 2003, Photobucket is the Web’s most popular creative hub,
with more than 44 million users linking billions of personal photos,
graphics, slideshows and videos daily to hundreds of thousands of web
sites. On May 30, 2007, Fox Interactive Media (FIM) announced an
agreement to acquire Photobucket. Once this acquisition is complete,
Photobucket will remain a standalone company within FIM, while its
technology will be used to enhance sites across the Fox Interactive
network, as well as on the more than 300,000 other Web sites linked to
by Photobucket’s users.

“Photobucket’s success is a testament to our 44 million users and 60
employees who keep the site running every day,” said Alex Welch, CEO
and co-founder of Photobucket. “It’s an honor to be recognized by Ernst
& Young for this award and we look forward to growing our business
in the Denver area, while continuing to bring our users the very best
personal media site in the world.” 

The Ernst & Young Entrepreneur Of The Year awards program
celebrates its 21st anniversary this year. Awards are given to
entrepreneurs who have demonstrated excellence and extraordinary
success in such areas as innovation, financial performance, and
personal commitment to their businesses and communities. Award winners
will be announced at a special gala event on June 21, 2007 at the
Seawell Ballroom in The Denver Center for the Performing Arts.

Regional award winners are eligible for consideration for the Ernst
& Young Entrepreneur Of The Year 2007 national program. Award
winners in several national categories, as well as the overall national
Ernst & Young Entrepreneur Of The Year award winner, will be
announced at the annual awards gala in Palm Springs, California on
November 17, 2007. The national Entrepreneur Of The Year celebration is
part of Ernst & Young’s Strategic Growth Forum. The overall
national Entrepreneur Of The Year award recipient is then considered
for the world event held in Monte Carlo.

Sponsors
Founded and produced by Ernst & Young LLP, the
Entrepreneur Of The Year Awards are pleased to have Bank of America as
the national presenting sponsor, as well as SAP America and the Ewing
Marion Kauffman Foundation as national sponsors.

In the Rocky Mountain Region, local sponsors include Marsh, Faegre
& Benson, Clifton Gunderson LLP, LeGrand Hart and The Denver
Business Journal.

About Photobucket
Photobucket is the Web’s most popular creative
hub, with more than 44 million users linking billions of personal
photos, graphics, slideshows and videos daily to hundreds of thousands
of web sites, including: MySpace, Facebook, Bebo, Friendster, eBay,
Craigslist, Blogger and Xanga. In addition to linking content,
Photobucket users share their personal digital media by email, instant
messaging, and mobile devices. Every day, over 7.5 million personal
photos, graphics and videos are uploaded to Photobucket for sharing
with family, friends and the online world. The company actively
moderates content to create a safe environment for its users, partners
and advertisers. Photobucket has offices in Palo Alto, California and
Denver, Colorado and is located online at http://photobucket.com. For
the latest feature announcements and news, please visit the Photobucket
blog at http://blog.photobucket.com.

About the Ernst & Young Entrepreneur Of The Year Awards
The
Entrepreneur Of The Year awards program was created and is produced by
professional services firm Ernst & Young LLP. As the first award of
its kind, the Ernst & Young Entrepreneur Of The Year Award
recognizes outstanding entrepreneurs who are building and leading
dynamic and growing businesses. The program, which celebrated its 20th
anniversary in 2006, honors entrepreneurs through regional, national
and global award programs in over 125 cities and 40 countries.
About Ernst & Young
Ernst
& Young, a global leader in professional services, is committed to
enhancing the public’s trust in professional services firms and in the
quality of financial reporting. Its 114,000 people in 140 countries
pursue the highest levels of integrity, quality, and professionalism in
providing a range of sophisticated services centered on our core
competencies of auditing, accounting, tax, and transactions. Further
information about Ernst & Young and its approach to a variety of
business issues can be found at www.ey.com/perspectives. Ernst &
Young refers to the global organization of member firms of Ernst &
Young Global Limited, a U.K. company limited by guarantee, each of
which is a separate legal entity. Ernst & Young Global Limited does
not provide services to clients. Ernst & Young LLP is a U.S.
client-serving member firm of Ernst & Young Global Limited.

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6 Comments

  1. Megan
    January 12, 2008

    I love photobucket! I don’t know what I would do without it!

  2. josh ivy
    June 22, 2007

    CONGRATS ON WINNING LAST NIGHT ALEX!

  3. angelo
    June 21, 2007

    congratulations to all of you who made photobucket so unique..
    may you continue sharing it..
    godspeed and more power!!!!…

  4. carmina
    June 20, 2007

    Ape Escape

  5. Fran LeMay
    June 20, 2007

    I remember Photobucket way back when I was a member a long time ago. I’m sorry I left it, but I’m back now to a much nicer website. Unfortunately, It is a shame we have to protect ourselves so much anymore from the hackers, the robots and the evildoers in our workld.

  6. ianalex
    June 19, 2007

    congradulations
    i still remember the days when photobucket was a wee ‘ol lad
    appreciate the site redesign also