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Jeffrey Frieden, Auction.com Co-Founder and CEO, Named Finalist for Entrepreneur of the Year by Ernst & Young

IRVINE, Calif. – May 28, 2014 – Jeff Frieden, chief executive officer and co-founder of Auction.com (www.auction.com), the world’s largest online real estate marketplace, is a finalist for EY Entrepreneur Of The Year™ 2014 in the Orange County Region.

Under Frieden’s leadership, Aucton.com has sold $20 billion in real estate assets since 2010 and is now valued at $1.2 billion. A recent $50 million investment by Google Capital is expected to further solidify the company’s leadership in online real estate sales.

Now in its 28th year, the EY Entrepreneur of the Year™ awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

“This is truly an honor, and I consider it a testament to our team and its commitment to driving the technology, service and results that have made us a leader in our industry,” Frieden said. “Auction.com’s vision is to fundamentally change the way people buy and sell real estate, and we believe that our company will play an important role in how real estate sales are transacted in the future.”

Along with co-founder Rob Friedman, Frieden started the company on the belief that bringing buyers and sellers together using an easy, transparent platform yields the true value of any real estate asset. Now with 900 employees, Auction.com has achieved success in the sale of all real estate types, including luxury homes, multi-story Class A office buildings, shopping centers and high-value portfolios throughout the United States.

Frieden joins a group of finalists selected from nearly 80 nominations. The winners will be announced at a June 4 gala at the St. Regis Resort in Dana Point. About Auction.com: 

Auction.com, LLC, is the nation’s leading online real estate marketplace. Founded in 2008, the company has sold nearly $20 billion in assets since 2010. Auction.com has over 900 employees and offices in Irvine and Silicon Valley, California as well as offices in Atlanta, Austin, Dallas, Denver, Miami, Newport Beach and New York. Visit Auction.com for more information.

About EY Entrepreneur of the Year™ EY Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

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