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Entrepreneur of the Year 2011 winner - Retail category - Ernst & Young - United States

Dr. Patrick M. Byrne

Chairman, CEO
Overstock.com

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Ernst & Young Entrepreneur Of The Year®
Retail and Consumer Products

As a teenager, Patrick Byrne learned the meaning of the term overstock while buying and selling Christmas trees. Later, he discovered the potential of a network on the fringes of retail, selling companies’ overstock in small quantities. He scoured Silicon Valley for potential investors to no avail. Undaunted, he self-funded with the help of family and friends. By 2001, the company had liquidated the inventory of 18 dot-com companies that received funding from those same Silicon Valley investors. Byrne took the company public the following year. Overstock.com has since grown from a small start-up that offered fewer than 100 products into one of the country’s most frequently visited shopping sites.

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Salt Lake City, UT
Founded: 1999

 

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National Program contacts

Bryan Pearce Bryan Pearce
Americas Director,
Entrepreneur Of The Year
+1 617 585 0499


Wendy Fox Wendy Fox
Americas Program Manager,
Entrepreneur Of The Year
+1 612 371 6703

 

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