2910: From MySpace to AI: Ted Leonard on Photobucket's Evolution and Future
Tech Talks DailyMay 28, 2024
2910
34:4927.89 MB

2910: From MySpace to AI: Ted Leonard on Photobucket's Evolution and Future

How has a digital image platform with a legacy of over two decades adapted to the rapidly changing landscape of technology and user expectations? In this episode of Tech Talks Daily, we delve into the fascinating journey of Photobucket with Ted Leonard, CEO of this pioneering company.

Photobucket, a platform that supports more than 15 billion images for 90 million users worldwide, has been a steadfast caretaker of memories for over 21 years. Its mission is simple yet profound: to preserve users' cherished moments and ensure they are securely and conveniently shared with loved ones. But how does Photobucket continue to thrive and innovate in the age of AI and ubiquitous cloud storage solutions?

Ted Leonard takes us through the evolution of Photobucket, from its early days as a photo hosting solution for MySpace to its current status as a leading independent cloud storage service. He discusses the pivotal shifts the company has made, including the transition to a subscription model focused on privacy and preservation, the challenges they faced in staying relevant, and how they navigated technical debt to deploy new, cutting-edge products.

One of Photobucket's latest innovations is "Group Buckets," a feature designed to revolutionize photo sharing and collaboration within communities. Ted explains how Group Buckets offer an effortless way for friends, families, and communities to share and collaborate on photos and videos, enhancing the social aspect of memory preservation.

As AI continues to shape the tech landscape, Photobucket leverages this technology not for generative purposes but to enhance user experience through image tagging, automated organization, and facial/object recognition. Ted shares insights on how AI helps streamline these processes and explores the potential of licensing content for AI training models.

Throughout our conversation, Ted emphasizes Photobucket's commitment to centralization, community, preservation, and longevity. He discusses the company's carbon-neutral stance and the promise of not selling user data, reinforcing Photobucket's dedication to being a trustworthy guardian of users' digital memories.

Join us as we explore the rich history and innovative future of Photobucket with Ted Leonard. How do you see the role of digital platforms in preserving our memories evolving in the coming years? Share your thoughts with us after the episode.

Tune in for an enlightening discussion on the intersection of technology, memory preservation, and community, only on Tech Talks Daily.

[00:00:01] Are you ready to journey through the evolution of digital photo storage? And

[00:00:07] by that I mean the days before iCloud, before iPhone. You remember that far back?

[00:00:12] Well today we're gonna go on a voyage from the beginning to where we are now

[00:00:17] and also explore the future of image sharing in the age of AI because today

[00:00:23] I'm joined by Ted Leonard, the CEO of Photobucket, which is a platform that has

[00:00:29] been at the forefront of online photo management for more than two decades.

[00:00:34] Photobucket isn't just about storing images though, it's about preserving

[00:00:38] memories, empowering communities and with over 14 billion images stored for 90

[00:00:44] million users around the world, Photobucket stands as a custodian of

[00:00:48] personal and collective history. So in this episode I want to uncover how

[00:00:52] Photobucket has adapted to the digital age. From the world of MySpace to the

[00:00:58] arrival of the iPhone to cloud storage, social media etc. To their new exciting

[00:01:05] features, group bookings and how they're navigating the latest AI trends and

[00:01:09] ultimately what's it take to remain relevant where in every second countless

[00:01:15] images are created. Really looking forward to this one so buckle up and

[00:01:19] hold on tight as I beam your ears all the way to the US where Ted is waiting

[00:01:24] to join me today. So a massive warm welcome to the show. Can you tell everyone

[00:01:31] listening a little about who you are and what you do? Hi Neil, thanks for having

[00:01:36] me. Really excited to be here to talk with you and all the listeners. My

[00:01:41] name is Ted Leonard and I'm the CEO of Photobucket. Photobucket is the leading

[00:01:46] independent cloud storage solution for photos and videos. To put that into

[00:01:50] context we have about 13 billion images which encompasses both photos and videos

[00:01:57] on our platform and 70 million users that have trusted us for over 20 years.

[00:02:04] That's absolutely phenomenal. 13 billion images and I was reading before you came

[00:02:10] on there was something like 21 year old legacy and I remember using you back in

[00:02:14] the day when I had a I think it was a very early website and I was embedding

[00:02:19] photos on there and stuff. It was my port of call for everything but I've got to ask

[00:02:23] I mean that well that was me using it back in 2007 or so but how has the

[00:02:27] company evolved during this time and what kind of challenges have you had to

[00:02:31] adapt and and what shaped your journey because it is a it's a long time. There's

[00:02:35] been a lot of changes in this industry hasn't it? Yeah I'd say Photobucket's

[00:02:40] resilience over the last two decades is a major part of the company's legacy that

[00:02:46] few people really understand. So going back to your use case in 2007 let's go

[00:02:51] back to 2003 the company was founded by Alex Welsh and Darren Crystal and

[00:02:56] Photobucket was the solution to content constraints specifically on MySpace if

[00:03:04] you remember that social media. So specifically Alex and Darren built a

[00:03:08] product that allowed MySpace users to showcase their unique selves without

[00:03:14] having to deal with sort of capacity constraints that was that was put on by

[00:03:20] MySpace. So really this was the hosting solution that they had built and as that

[00:03:25] evolves like really the core of Photobucket from a service perspective

[00:03:32] and a solution for users it was to publicly display their digital content

[00:03:37] on other websites. So it's not just MySpace it's forums, it's blogs, it's

[00:03:43] e-commerce sites and this is all through that hosting functionality. Cool fact

[00:03:48] that Photobucket was acquired in 2007 by News Corp for 300 million dollars so

[00:03:52] you're talking about a huge sort of rise to prominence and then and then a major

[00:03:58] acquisition which was subsequently divested a few years later when really

[00:04:04] MySpace wasn't a thing anymore. So when we fast forward to 2018 that's when I

[00:04:10] became the CEO, Photobucket was actually in a nosedive. It was in a really really

[00:04:16] tough spot and it was a free service that was barely supported by

[00:04:24] advertising revenue. So the team and I really had to make some major changes

[00:04:28] and we had to do so really quickly and I think at the highest level possible we

[00:04:35] really had to flip from a capital dependent IV drip technology company

[00:04:40] that's always going out and raising money to a cash flow positive business

[00:04:44] and that was really kind of the high-level sort of challenge that we had

[00:04:49] to do. So what did we do to kind of flip from a capital dependent company to a

[00:04:57] sustainable cash flow positive business? Number one we pivoted the revenue model

[00:05:02] so I mentioned that the company was supported by advertising revenue and it

[00:05:06] was a free service offering. So we pivoted the model from that free first

[00:05:10] model to a paid first subscription model and I'm happy to say that that was a

[00:05:16] pretty successful pivot and we've grown our subscriber base by 46% year over year

[00:05:21] from 2018 until 2024. We also shifted to what we call a preservation solution. So

[00:05:30] we talked about at its sort of infancy PhotoBucket was a solution to publicly

[00:05:37] share digital images and as we thought about what the future entails we thought

[00:05:44] that putting a more robust storage solution on the market was the right

[00:05:50] decision. So as opposed to a hosting solution we really wanted to put a

[00:05:54] storage first solution out there that focused on privacy, that focused on

[00:05:58] affordability and was kind of a backup storage for photos and videos.

[00:06:05] And then number three we had to clean up a significant amount of technical debt

[00:06:11] and that meant migrating 13 billion images and 70 million accounts from an

[00:06:19] on-prem data center to the cloud coincidingly deploying four new

[00:06:25] products. So those are all kind of like the big things we did. I would say

[00:06:30] the biggest challenge we've had to tackle is staying relevant in a

[00:06:34] landscape where two solutions are pre-installed on every single device. So

[00:06:38] we have to call out the gorilla in the room, how do we continue to be the and to

[00:06:43] Apple and Google and not the or? And that has been sort of our North Star guiding

[00:06:47] question over the course of the past six years is make ourselves complementary to

[00:06:53] those pre-installed solutions and not make those pre-installed solutions a

[00:06:57] competitor. And listening to the story and the evolution took me back I'll get

[00:07:01] quite a few flashbacks but you go back to 2003, 2005 if you had an online

[00:07:07] portfolio wanted to showcase your identity it was my space this was a time

[00:07:12] before Facebook, before Instagram and you guys were absolutely huge weren't you

[00:07:17] How amazing is it? Yeah, we were the pioneer and you know I think that

[00:07:24] the biggest thing and probably the most impressive thing is just I go back to

[00:07:29] that word resiliency right? Yeah. The resiliency over the past two decades to

[00:07:34] stay relevant in a space that's evolved in the space that's changed you know

[00:07:41] just talking about our market itself for photos and videos and then getting into

[00:07:47] kind of the evolution of the internet as a whole right? So when we think back to

[00:07:51] 2003, 2004, 2005 everything was free and we've seen this sort of migration from

[00:07:59] that free to now most things are paid and you know everyone has two handfuls

[00:08:05] of subscriptions if not more right? Yeah. So we've been able to kind of stay at the

[00:08:10] forefront of all the evolution from photos to videos to storage and the

[00:08:15] expense associated with storage going from on-prem to the cloud I'm going from

[00:08:21] a free internet to a paid first internet it's it's been a pretty amazing journey

[00:08:25] and really just an amazing story from the beginning to now and there's a lot

[00:08:32] more as the story continues. It really does and you know you've adapted and

[00:08:37] evolved to be relevant in a world of social media and cloud storage but

[00:08:42] before you have time to pat yourself on the back there there's got rapid

[00:08:45] advancements in AI now particularly in an era of open AI and AI generated images

[00:08:50] so how are you at Photobook adapting to these trends and what role do you see AI

[00:08:55] playing and maybe enhancing your platform too? Yeah Neil there is a lot to

[00:09:01] unpack with this question because between now and literally when this podcast is

[00:09:07] over in 30 minutes there's going to be material advancements with AI that is

[00:09:12] where we are with AI right now. So you know I kind of break this up into three

[00:09:18] parts first let's let's talk about generative images this is really easy

[00:09:22] for us like we won't play in that space we don't we don't see ourselves as a

[00:09:26] generative image company by any means we don't we're not building our own

[00:09:31] models like we are a memory preservation and sharing solution and there is enough

[00:09:37] demand for us to thrive in this vertical if you think about it at no

[00:09:43] time in history has basically every single person walked around with a

[00:09:48] camera in their pocket like they do now but the capturing of personal memories

[00:09:52] the capturing of memories like it's there so there's enough demand for us to

[00:09:57] thrive in this vertical as a photo and video specific memory preservation and

[00:10:01] sharing site right? In terms of AI enhancing the platform there are a

[00:10:06] number of opportunities that we're exploring so you know kind of starting

[00:10:10] on what we already do right we already use AI for image tagging to create a

[00:10:15] better experience for our customers as we think about the future the biggest

[00:10:20] problem that AI can solve from my perspective is the digital memory mess

[00:10:27] every person has so I don't take a lot of pictures but I do right I I think I

[00:10:34] have something like 12,000 pictures in my account that's a digital memory mess

[00:10:41] so how do we solve that simplified organization automated organization

[00:10:47] facial and object identification in combination with sorting and getting

[00:10:52] rid of duplicates those are just a few areas we believe AI will enhance the

[00:10:56] consumer experience and we are not at this point seeing significant investment

[00:11:02] from other solutions in that area so that's really kind of like one of the

[00:11:08] biggest areas that we believe will help improve the holistic customer experience

[00:11:14] even though we are a storage site we in storage is a commodity like we don't

[00:11:19] really want to drive revenue by accounts having more storage it did make sense to

[00:11:26] like remove duplicates let's let's let's clean everything out we want to drive

[00:11:31] our revenue through solutions features and functionalities that we're

[00:11:35] delivering to the customer that's kind of how we see the value that we can add

[00:11:38] and lastly on that AI question we believe that we are one of the most

[00:11:46] relevant players in the AI market because of the content we have on our

[00:11:49] platform and our ability to help leaders in the AI space train their models and

[00:11:56] evolve so that's one of the big things we're working on right now is figuring

[00:12:00] out how we can leverage the content on our platform to help other AI companies

[00:12:08] train their models and continue to evolve so we can continue to invest in

[00:12:13] our product over time. Yeah I mean you mentioned the duplicate thing now it's

[00:12:18] funny isn't that no matter where we go what we're doing we've got used to

[00:12:22] taking 10-15 photos of one particular moment or memory and then going through

[00:12:27] and deleting but the ones that we don't want but usually that's on an

[00:12:32] airplane ride six months later or something it's a big problem isn't it?

[00:12:36] I mean there's so much you can do with the duplicates it comes down to you know

[00:12:39] photos are not just memories right we use them as utility to remember where

[00:12:43] hey we parked the car yeah and everything like that so how do we clean up that

[00:12:47] digital mess that we're creating for ourselves that's that's kind of one of

[00:12:50] the biggest nuts I think we can crack. And I suppose that brings us up to group

[00:12:54] bookings I was reading about this before you came on so can you tell me a bit more

[00:12:57] about the concept behind that and also how that feature enhances photo sharing

[00:13:02] and collaboration with within different communities. Although it's a new system

[00:13:07] here leveraging new technology it feels like still going back to your roots

[00:13:10] because that's what you were always all about isn't it that collaboration and

[00:13:14] bringing different communities together. Yeah I'd say the big difference that

[00:13:17] that we're tackling right now is doing it in a in sort of a privacy centric

[00:13:22] privacy first manner but yeah let's go back to the kind of root of it there's a

[00:13:26] big problem with sharing memories right now that many people don't realize. So

[00:13:32] Neil like think back to the last time someone shared a photo with you and

[00:13:37] others in a group text right think about when that happened yeah and what did

[00:13:42] you do with that photo? Well there's so many from whatsapp is a big killer on

[00:13:45] that one and I'm horrified by some of it I find it there somewhere that I've long

[00:13:49] forgotten about. Right right it's kind of a point in time reflection isn't it? Yeah

[00:13:54] exactly right so there's not a preservation component to it right it's

[00:13:59] one of those things of like oh wow that was really cool now let me get back to

[00:14:02] what I'm doing so right now most sharing within groups results in a point in time

[00:14:07] reflection like we just talked about rarely is the memory preserved there

[00:14:12] certainly aren't aggregated and these memories quickly get lost. I also argue

[00:14:18] that with group buckets we're missing out on a lot like my kids are both

[00:14:22] active in sports and I think about you know either being at a ski venue or

[00:14:29] being on the sidelines and all the other parents that are taking pictures what am

[00:14:32] I missing out on so there's a lot there's a lot to unpack here. Group

[00:14:37] buckets not only simplifies how you engage collaborate and share it

[00:14:42] transforms into a two-way exchange where you and others share photo and video

[00:14:47] memories back and forth so it really draws everyone closer within that group

[00:14:52] itself what we're trying to do is with group buckets is really make sharing the

[00:14:58] emotional experience it should be and that is kind of the core task here in

[00:15:06] that creating a safe and secure kind of gated group of people with common

[00:15:11] interests whether it's youth sports whether it's a wedding whether it's

[00:15:14] friends and family you know there are so many segments that we can tap into

[00:15:20] being able to preserve to reflect and do more with those memories and also

[00:15:28] capture more memories holistically like that is the intent but behind group

[00:15:33] buckets and we're really really excited about this this product. And I would

[00:15:38] imagine a lot of users that are turning to photo bookie to preserve memories and

[00:15:43] share with people around the world they don't trust a lot of those big tech

[00:15:47] companies and social media companies and privacy and security are going to be top

[00:15:52] of mind for those so how do you ensure that data remains safe that memories are

[00:15:56] effectively maintained and get that balance or that need a balance between

[00:16:02] security and seamless collaboration and sharing it's quite a fine and

[00:16:07] tricky balance I would imagine. Totally and it's one of the most frustrating

[00:16:12] things that I have to deal with the CEO of this company because what I want to

[00:16:17] do is I want to continue to enhance the product I want to deliver features and

[00:16:21] functionality that are really visible to our customers so it's frustrating at

[00:16:26] times because ensuring the security ensuring the safety all that that all

[00:16:36] that work really takes resources away from the concept of like building more

[00:16:42] features and enhancing the functionality for customers so we're we're always

[00:16:46] enhancing our architecture and our back-end stack and other aspects of the

[00:16:50] site to ensure that safety and security and we're doing it sort of in

[00:16:58] combination with you know trying to have a balanced parallel between what we're

[00:17:02] doing for the customer and everything like that so much like most tech

[00:17:06] companies out there big and small we operate in a well-known cloud

[00:17:10] environment with multiple redundancies so you know we pick good partners and we

[00:17:15] make sure we have a lot of redundancies out there in addition to you know that

[00:17:19] the engineering that we put into the product itself in 2020 we moved to a

[00:17:26] private first solution so we talked about what photo bucket was before and

[00:17:30] up until 2020 actually every single photo that was uploaded to photo bucket

[00:17:35] had a label of a public label meaning it was you know it was uploaded for public

[00:17:43] sharing and really until 2020 photo bucket was kind of a search engine for

[00:17:47] images and at that point in time we took a step back and we said every new

[00:17:53] upload going forward needs to have a private label let's remove this search

[00:17:57] bar let's make this a paywall let's make this you know kind of username

[00:18:02] password to log into the account let's let's really enhance the privacy here

[00:18:06] and you know making sure that you know we focus on preservation security and

[00:18:11] everything like that so as we continue to evolve so will our privacy first

[00:18:16] approach to customers data and content. And of course here in 2024 is an

[00:18:23] increasingly crowded digital media space and for people listening all

[00:18:27] around the world maybe they've got fond memories and have accounts with photo

[00:18:30] bucket what would you say distinguishes photo bucket from competitors now in

[00:18:36] 2024 and what makes it a platform of choice for so many users I'd love to

[00:18:40] hear a bit of feedback on what you're seeing here and who your users are. Yeah

[00:18:46] I'm sure we'll touch on this more throughout the podcast but yeah

[00:18:51] we operate in a fragmented space right with with big players you know we are not

[00:18:57] a bolt-on to a core offering yeah and let's just call it what it is Apple

[00:19:03] sells computers they sell phones they sell iPads and they have a bolt-on

[00:19:07] iCloud solution really that gives their customers access to photos across their

[00:19:16] hardware ecosystem Google they are an advertising company like they are the

[00:19:21] yellow pages of the internet right that 85 plus percent of their revenue comes

[00:19:26] from advertising so Google Photos is is not a core offering of those photos and

[00:19:32] videos are our core offering you know from a mission perspective we are the

[00:19:41] caretakers of your memories and our core tenets kind of resonate around us

[00:19:46] being focused on photos and videos centralization being the first one past

[00:19:53] present and future all in one place like think of photo bucket as the

[00:19:56] aggregator regardless of the type of hardware or you know digital solutions

[00:20:00] that you use were agnostic so everything can be centralized within photo bucket

[00:20:06] and again ask memories present memories future memories community were trusted

[00:20:10] by over 70 million people we take a collaborative approach to the product

[00:20:14] and we truly share a passion around memories being that it's our core focus

[00:20:21] reliable preservation our third core tenant focused on original quality of

[00:20:27] content like we are one of the few that preserves original quality of photos and

[00:20:33] videos when they're uploaded safe secure and guaranteed you know we've been

[00:20:39] around for a really long time which gets into our fourth tenant of a

[00:20:42] lifelong commitment 20 plus years dedicated to sustainable and what I

[00:20:48] think is really really important and love about the company that not a lot of

[00:20:51] people know is carbon neutral memory management so you know we want to be

[00:20:56] good stewards of our planet here and we're focused on carbon neutral memory

[00:21:01] management in a tech space that that gobbles up a lot of energy so I think

[00:21:07] it's pretty cool that we've said you know we're here we've been here for two

[00:21:11] decades we're gonna continue to stay in the space and we're gonna do so in a in

[00:21:16] a positive way if that makes sense it really does and I think we've got to

[00:21:21] bring the trust thing back into this as well because we don't have to look too

[00:21:25] far back from when we saw what happened with the Cambridge Analytica scandal and

[00:21:29] there was also I think we're still like a billion pictures that were taken and

[00:21:33] used to train it one of the big techs AI there and especially when an age of

[00:21:38] facial recognition and things trust and security is increasingly becoming

[00:21:42] paramount I don't think we we knew the the scale of it back then and what it

[00:21:47] could impact now but I think that what we're getting used to the the difference

[00:21:50] AI is making in the world and the impact it's having it really is these table

[00:21:54] stakes now isn't it we're certainly learning more and more and I think you

[00:21:58] know technology evolves the way technology is used to evolve and

[00:22:02] customers understanding evolves and I think you know there it probably comes

[00:22:08] down to a generational spectrum so each generation has a unique spectrum as to

[00:22:13] you know their degree of risk or their degree of willingness to kind of like

[00:22:17] you know accept what what what's going to happen but you know at the end of the

[00:22:22] day we see ourselves as a small independent photo and video solution

[00:22:32] digital photo and video solution how can we differentiate ourselves is by making

[00:22:36] a commitment to our customers that we're not going to sell your data we're not

[00:22:42] going to step on your toes like this is a safe spot to share photos it's really

[00:22:48] interesting because we kind of operate in two different landscapes right where

[00:22:51] we switch this model to a privacy first model in in 2020 but prior to that I

[00:22:58] mean it was it was a public first model so we're kind of you know hovering on

[00:23:03] both sides of the fence if that makes sense but we're treating the commitments

[00:23:07] that we've made to to those that are uploading images in a privacy first

[00:23:12] manner we are certainly committed to to maintaining that that privacy and trust

[00:23:16] of those customers and as we said earlier in our conversation that

[00:23:20] evolution does continue and considering the not just the evolving technologies

[00:23:25] but also user behavior as well and what they expect what are the future

[00:23:30] opportunities and challenges as well that you foresee for the photo book it

[00:23:34] especially considering everything that you're seeing around you it must be both

[00:23:38] exciting and daunting at the same time sometimes yeah absolutely let's just

[00:23:43] tackle the challenges first obviously there's increasing competition through

[00:23:46] innovation this is not unique to us every single company faces increasing

[00:23:51] competition through innovation photos and videos have been more of an

[00:23:54] afterthought but at this point in time we're seeing more focus in the area I

[00:23:59] mean just look at Marissa Mayer right she just launched a group photo solution

[00:24:02] with with you know her company and everything like that so we're seeing

[00:24:05] more of a focus in the photo video space and we need to make sure that you know we

[00:24:09] don't get complacent and fall back number two battling in a fragmented

[00:24:15] landscape we touched on this a little bit earlier but we're playing in a

[00:24:18] saturated market with two giant leaders and that's really really challenging so

[00:24:22] we need to continue to think creatively on how we can differentiate ourselves

[00:24:25] from the independence and truly be the end to Apple and Google not the or like

[00:24:31] we are not a competitor to Apple and Google we will never be able to compete

[00:24:35] with them directly so what can we do to be a complementary offering to what what

[00:24:39] they have pre-installed on every single smartphone and then I think number three

[00:24:43] is recruiting and retaining technology talent without being at the forefront of

[00:24:48] innovation so there's a lot of sexy tech out there now and new things just new

[00:24:54] things seem to cycle in tech every 24 to 36 months right we're not an R&D shop

[00:25:00] we're kind of a middle-of-the-fairway 220 yards off the tee box it's not

[00:25:04] mind-blowing but it's really efficient efficient and effective so making sure

[00:25:09] we recruit good talent and retain that good talent in this evolving tech cycle

[00:25:14] when we're not we're not keeping pace with you know the forefront of

[00:25:18] innovation those are kind of the three biggest challenges from my perspective

[00:25:22] as we roll into the future opportunities we operate in multiple verticals with a

[00:25:29] combined TAM of over 20 billion dollars so we're really excited and and that's

[00:25:34] one of the things that we've been pretty strategic about in a sense of like how do

[00:25:37] we build product offerings to maximize our total addressable market in terms of

[00:25:43] the amount of money that's being spent so again like multiple verticals and a

[00:25:49] TAM of over 20 billion dollars specifically from a future opportunity

[00:25:54] perspective we touched on group buckets right this solves the problem in the

[00:25:58] market and if we do this right it can lead to really inexpensive growth

[00:26:03] through the network effect like there's no question about that and then it

[00:26:08] unites masses and it gives us an opportunity to highlight other aspects

[00:26:12] of our product to a new audience so we really really hot on group buckets we

[00:26:15] think that's a really amazing near-term future opportunity for us launching in

[00:26:21] July to the masses number two expanding the spectrum so the way I explain this

[00:26:29] is going left and right to add services right now we're a digital preservation

[00:26:34] site if we go down the left side of the spectrum we're integrating digitization

[00:26:41] functionality so you can take all the old prints from from way back when have

[00:26:46] those digitized and then uploaded onto photo bucket to share with friends and

[00:26:51] family and then on the right side of that spectrum we really need to expand our

[00:26:55] print offering the print and merchandising business like a billion

[00:27:00] dollar market and we're certainly under utilizing the print functionality on

[00:27:04] our site so expanding the spectrum goes left to digitization and goes right to

[00:27:08] expanding print functionality while focusing you know are that the majority

[00:27:12] of our investment on that core digital product and then number three it's

[00:27:17] positioning ourselves to be opportunistic whether it's IP that we've

[00:27:21] had over the years or content and using content to license content for AI

[00:27:26] training we always need to be thinking about the long game and that that's a

[00:27:32] challenge at in the moment when you're kind of thinking about what we need to

[00:27:37] do now but we've been really focused on the long game it would have been really

[00:27:41] easy when the company was struggling financially to say hey of these 13

[00:27:46] billion images 75% of them are from accounts that haven't been touched in

[00:27:51] five years we could probably deprecate those and get rid of them but we chose

[00:27:56] not to we made a commitment to the customer base that we will not delete

[00:28:00] images and that has put us in a position to be opportunistic specifically around

[00:28:04] AI well kudos to you and for all the work that you're doing and if I was to

[00:28:09] zoom out for a moment I feel compelled to say the old line from spider-man with

[00:28:14] great power comes great responsibility I mean you're the caretaker of more than

[00:28:18] 13 billion images do you feel that responsibility of our bookie towards

[00:28:24] creators and users in protecting and preserving their digital memories does

[00:28:29] it keep you awake at night yeah we certainly don't take this

[00:28:33] responsibility lightly yeah and I've had to deal with this responsibility in

[00:28:38] different aspects of the business so when the company was struggling

[00:28:41] financially we found a way to continue to store all of these memories which is

[00:28:48] incredibly expensive but we made that commitment like we just touched on that

[00:28:51] you know our focus was to stabilize the business so that it stood on its own

[00:28:56] without the need for continuous capital this proved to be smart because VC

[00:29:02] funding pulled back significantly in 2022 so what I'm getting at here is that

[00:29:07] like we have always made decisions in an effort to be true caretakers of memories

[00:29:15] and the big thing with having 13 billion images on the site that date back over

[00:29:20] 20 years is customers don't need them until they need them so we want to

[00:29:26] ensure that those memories are there when our customers need them the most and

[00:29:32] as we think about our relationship with our customers we want to continue to

[00:29:36] build trust deliver an improving customer experience and foster a

[00:29:40] community of creativity that positions photo bucket as the most dynamic and

[00:29:44] reliable preservation solution on the market absolutely love that and I think

[00:29:48] it's a perfect moment to end on but before I let you go you've shared your

[00:29:53] insights with everyone I'd like you to leave everyone listening with one final

[00:29:56] gift and that is a book that we can add to our Amazon wish list that you'd

[00:29:59] recommend everyone check out or maybe a song that we can add to our Spotify

[00:30:03] playlist guilty pleasures are allowed but what would you like to leave and why

[00:30:07] you know I I have to leave a song so I did my research and you've got an

[00:30:15] amazing playlist of songs there but it's not complete yet it's not complete it's

[00:30:23] missing one of the greatest bands of all time maybe one of the greatest musicians

[00:30:28] of all time so while this isn't my favorite song I think this helps

[00:30:33] complete the playlist and will help it of all I want to put on the song deal

[00:30:39] written originally by Jerry Garcia but performed by the Grateful Dead a lot in

[00:30:45] the seventies so deal by the Grateful Dead and it's a great song about

[00:30:50] gambling and I think you know at the core while I'm not a Vegas gambler or a

[00:30:56] card player as business operators we have to make bets all the time and in the

[00:31:03] opening line there is a cost a lot to win and even more to lose so it really

[00:31:10] resonates on all the decisions that we have to make on a daily basis as we run

[00:31:13] a company while we have a lot of data backing these bets that we're making

[00:31:18] they're still bats and we want to make sure that we win more than we lose so

[00:31:23] why don't you throw deal on there by the Grateful Dead to complete that list

[00:31:26] consider it done my friend I'm shockingly embarrassed that there is no

[00:31:31] Grateful Dead on that list I'm gonna blame my guests for not suggesting it's

[00:31:35] not your fault it's not your fault but they're on there now they will be on

[00:31:41] there by the time we finish recording this episode but anyone listening

[00:31:46] wanting to find out more information about photo book it maybe they want to

[00:31:49] connect with you or your team where would you like to direct everyone yeah

[00:31:52] you know first and foremost our site great content their photo bucket calm

[00:31:58] everything every all the products we offer is a seven have a seven day free

[00:32:02] trial check out group buckets it is going to solve a lot of problems for you

[00:32:07] all it's good I promise you and July is kind of the launch for that follow us on

[00:32:13] social all the social channels and everything like that and you know drop

[00:32:19] us a line we're very we're very responsive group of folks we're all

[00:32:24] humans none of it is done automatically drop us a line and tell us how we're

[00:32:28] doing we love feedback on how we can get better and how we can enhance the

[00:32:32] experience over time so website social media and you know through our member

[00:32:38] engagement team well I'll have links to everything so people can find you nice

[00:32:43] and easy as a user I've been part of your journey since those early myspace

[00:32:48] days and I think it's inspiring that just how much you've evolved and adapted

[00:32:53] and come through some major digital disruptions from the arrival of social

[00:32:57] media cloud storage and now of course AI and you're still rocking it so just a

[00:33:02] big thank you for sharing that story and also solving one an even bigger problem

[00:33:07] and that is getting the Grateful Dead song on our playlist so thanks for that

[00:33:10] too yeah Neil thanks so much this was wonderful I really appreciate it

[00:33:14] well one incredibly cool guy I just loved exploring with temp the impressive

[00:33:19] legacy of photo book it a man innovative approaches to photo sharing and AI

[00:33:24] technologies from those humble beginnings as a simple hosting service

[00:33:28] to becoming a leader in the digital preservation of memories and how photo

[00:33:33] book it has adapted along the way continues to adapt and evolve and thrive

[00:33:37] in this ever-evolving tech landscape and as we close today I invite you to think

[00:33:44] about the memories you cherish and the digital legacy that you might be

[00:33:48] creating along the way how do you see AI impacting your ability to preserve and

[00:33:52] share those moments please join the conversation share your thoughts email

[00:33:57] me tech blog writer outlook calm Twitter LinkedIn Instagram at Neil C Hughes

[00:34:01] look at your thoughts on this one it's something that we've all got many

[00:34:05] stories to share on I'm sure whether it be creating those myspace pages back in

[00:34:11] the day to how you manage your digital images now so it's been a pleasure

[00:34:15] having Ted on the show and to you listening thank you so much for tuning

[00:34:19] in to another episode of tech talks daily I know you've got a lot of choice

[00:34:23] out there and I really appreciate the fact that you tune into this show and

[00:34:27] hopefully you'll join me again tomorrow I've got another incredible guest lined

[00:34:30] up but thank you for listening and until next time don't be a stranger