October 10, 2012

 

VIA EDGAR AND FACSIMILE

 

Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C.  20549

Attn:  Edwin Kim, Attorney-Advisor

 

Re:                             Shutterstock, Inc. — Request for Acceleration

Registration Statement on Form S-1 (File No. 333-181376)

 

Ladies and Gentlemen:

 

In accordance with Rule 461 under the Securities Act of 1933, as amended (the “Act”), Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Jefferies & Company, Inc., as representatives of the several underwriters (the “Representatives”), hereby join in the request of Shutterstock, Inc. (the “Company”) for acceleration of the above-referenced Registration Statement, as amended, requesting that such Registration Statement become effective Wednesday, October 10, 2012, at 3:00 p.m. Eastern Time, or as soon thereafter as is practicable.

 

In connection with this acceleration request and pursuant to Rule 460 of the Act, please be advised that we have distributed approximately 7,500 copies of the Company’s Preliminary Prospectus, dated September 27, 2012 through the date hereof to underwriters, dealers, institutions and others.

 

The Representatives confirm on behalf of themselves and the several underwriters that they have complied with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.

 

[Signature Page Follows]

 



 

 

Very truly yours,

 

 

 

MORGAN STANLEY & CO. LLC

 

DEUTSCHE BANK SECURITIES INC.

 

JEFFERIES & COMPANY, INC.

 

 

 

As Representatives of the several Underwriters

 

 

 

By: MORGAN STANLEY & CO. LLC

 

 

 

 

By:

/s/ Michael O’Donovan

 

 

Name:

Michael O’Donovan

 

 

Title:

Managing Director

 

 

 

 

 

 

 

By: DEUTSCHE BANK SECURITIES INC.

 

 

 

 

By:

/s/ Anuj Mathur

 

 

Name:

Anuj Mathur

 

 

Title:

Director

 

 

 

 

 

 

 

By: JEFFERIES & COMPANY, INC.

 

 

 

 

By:

/s/ David Mastrangelo

 

 

Name:

David Mastrangelo

 

 

Title:

Managing Director

 

[Signature Page to Underwriter Acceleration Request]

 

2