Avatar of Patrick Byrne.
Patrick Byrne
Online Retailer
ProfilePortfolio
Posts
0Connections
Print
Avatar of the user.

Patrick Byrne

Online Retailer
Patrick Byrne, a prominent figure in the digital commerce sector, is best known as the founder and CEO of Overstock.com, a role he held for over twenty years. His visionary leadership was crucial in turning Overstock.com into a leading online retail platform. Established in 1999, the company rapidly achieved profitability within three years, a significant accomplishment in the highly competitive e-commerce industry. This early success foreshadowed the company's ongoing financial growth, with 2009 marking a year of notable profitability and the company's revenues reaching a staggering $1.8 billion by 2016. Byrne's innovative approach was further exemplified in 2012 when he steered Overstock.com to become the first major retailer to accept Bitcoin, placing the company at the forefront of adopting new financial technologies. His fascination with blockchain technology led to the establishment of Medici Ventures, a venture capital firm focused on blockchain technology investments. In a landmark move, Byrne became the first person to purchase a digital bond on the Bitcoin blockchain. Under his leadership, Overstock.com continued its pioneering streak, becoming the first company to issue shares via an alternative trading system in 2016. After a successful and transformative tenure at Overstock.com, Byrne stepped down as CEO in 2019, leaving a legacy of innovation and business success.
Overstock.com
Logo of the organization.
Stanford University
United States

Professional Background

  • Current status
    Employed
    Not open to opportunities
  • Profession
    Business Development
    Supply Chain Manager
  • Fields
    Corporate Support
    Digital
  • Work experience
    More than 15 years (More than 15 years relevant)
  • Management
    I've had experience in managing 15+ people
  • Skills
    Online Marketing
    Online Retailer
  • Languages
    English
    Professional
  • Highest level of education
    Doctoral

Job search preferences

  • Desired job type
    Full-time
    Interested in working remotely
  • Desired positions
    Founder & CEO
  • Desired work locations
  • Freelance
    Non-freelancer

Work Experience

Founder & CEO

Overstock.com
Full-time
Jul 1999 - Oct 2019
20 yrs 4 mos

Education

Logo of the organization.
Doctor of Philosophy (PhD)
Philosophy
1992 - 1996