PhotoBucket, No.3 Video Site–IPO?

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By Douglas A. McIntyre Published
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Photobucket is one of the top photo-sharing sites in the world. It currently ranks No.44 on Comscore’s Top 50 websites. According to Fortune, Photobucket is watching the IPO market.

But, the attraction of the company to the public markets may be more than as a "photo play".

According to TechCrunch, Photobucket has become the No.3 video posting site, behind YouTube (GOOG) and MySpace (NWS). The site is handling 35,000 video uploads a day even though it has only offered the function for the last nine months. And now the site is preparing to launch a technology that, according to TechCrunch, will offer a "tool to allow users to mash up videos, photos and music clips into a timeline, and add titles, transitions and other effects…"

Given the sale prices of MySpace and YouTube, an IPO could certainly put a total value on Photobucket in the $1 billion range.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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