Shutterstock

Stock media/Creative contentUSA
New to Unitard
πŸ“‰ Public < $1B
PeakΒ $4.4 BillionToday
βˆ’96%
from peak
  1. πŸ¦„
    Became a unicorn
    2012
  2. πŸ“ˆ
    Peak valuation
    $4.4 Billion ’21
  3. πŸ’”
    Became a Unitard
    ~2025
  4. πŸ’Έ
    Last valuation
    ~$167M
Current status
Public; Getty merger terminated Jul 2026
Live Β· SSTKΒ· NYSE
as of 2026-09-21
$4.53β–Ό 13.88% today
β‰ˆΒ $167 Million market cap Β· βˆ’96.2% from peak

The rise & fall

8 moments Β· 2003–2026

The key moments, with employee sentiment along the way.

2003
Founded by Jon Oringer
A one-man stock-photo subscription site, seeded with 30,000 of Oringer's own photos.
Wikipedia
Oct 2012
IPO on the NYSE
The bootstrapped stock-media marketplace goes public; the run that follows carries its value well past $1B.
Reuters
2021
The peak: ~$4.4B$4.4B
The pandemic content boom carries the stock to all-time highs.
Macrotrends
2022–24
Generative AI moves in
Text-to-image models and cheaper competition squeeze the core stock-content business.
Reuters
From the inside Β· Glassdoor reviews, 2022–25
Glassdoor reviews across the slide described a workplace unsettled by frequent leadership turnover and the direction shifts that came with it, recurring layoffs and re-orgs, and acquired brands like Pond5 folded in and wound down β€” plus unease about what generative AI meant for the stock-content model.
Jan 2025
A Getty merger agreed
Getty Images and Shutterstock agree to combine into a company valued around $3.7B.
Reuters
2025
Slips out of the club
The market cap sinks below $1B while the merger waits on regulators.
Investing.com
Jul 7 ’26
Getty deal dies at the CMA
UK regulators condition clearance on divesting Shutterstock's editorial arm; Getty's board refuses and terminates the merger, leaving Shutterstock standalone near $0.30B.
Investing.com
Today
Still in the club β€” and still trading
Live Β· SSTK Β· NYSEas of 2026-09-21
$4.53β–Ό 13.88% todayβ‰ˆ $167M cap Β· βˆ’96.2% from peak

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Shutterstock is a stock-media marketplace for images, video, and music that went public in 2012 and peaked at roughly $4.4B market cap in 2021. Its valuation declined organically β€” not via VC markdowns β€” amid competition and pressure from generative-AI content.

In January 2025 it agreed to merge with Getty Images into a combined company valued at about $3.7B, but the deal collapsed in July 2026 after the UK's Competition and Markets Authority conditioned clearance on Getty divesting Shutterstock's editorial business β€” a condition Getty's board refused, terminating the agreement on July 7, 2026. Left standalone, the stock fell to around $0.30B, down roughly 93% from its 2021 peak.

Source: Investing.com/Stocktwits; IPO 2012

Founder

  • Jon Oringer
    founder (former CEO, exec chairman)
    Still there β€” Founder & Executive ChairmanLinkedIn β†—

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

πŸ¦„