Silicon Alley has its first billionaire: Shutterstock CEO Jonathan Oringer

Original post by Ricardo Bilton via VentureBeat

If you’re a startup founder looking to make it big, New York’s becoming a pretty good place to do it.

Jonathan Oringer, the founder and CEO of stock photography company Shutterstock, has become the first billionaire of Silicon Alley, as Bloomberg reports.

Oringer, who controls over half of Shutterstock, owns 18.5 million shares of Shutterstock stock, which have been on a tear since the company went public last October.