The story
Pond5 was founded in 2006 as a way for video producers to license content to third parties. It subsequently expanded into other media types, including photos, music, sound effects, 3D models, and Adobe After Effects templates. Pond5 does not own the content on its site, but instead aggregates and sells content created and owned by its contributors. These contributors determine the selling price, and earn 50% of revenue.
In July 2014, venture capital firms Accel Partners and Stripes Group invested $61 million in series A financing into Pond5. In May 2022 Pond5 was acquired by Shutterstock for $210 million USD.
From Wikipedia’s article on Pond5, shared under CC BY-SA 4.0.5