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Microstock Photography Forum - General => General Stock Discussion => Topic started by: DesignBold on October 18, 2016, 07:35

Title: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 07:35
This situation has begun over 1 month now...I think it's time I need a strong partner/co-founder to save my startup.

Because I am very new here,  before I tell you the story, I want to share you some facts to guarantee you how serious I am, as well as showing you my commitment to build this startup into a Million Dollars company.


1. In June 2015, after a few months of brainstorming and market survey,  I started hiring a development team of engineering, designer to start the startup. We have a team of 12 people as of now.

For over 18 months, I have spent about $350 on product development. Because I have a company with ~100 developers and 500m2 office and I do pull resources back and forth for the startup, so the cost will be way higher if I don't have support from other teams.


2. I made the most stupid decision when spend $75K bidding on this domain, and finally won it. I want to a sexy name for my baby, however after having the new domain, my team votes to keep the old name/domain for the project  :-\


(https://cl.ly/2F0l2o412x1K/ephoto.jpg)

3. I spent about $3000-$5000 buying tools to support the project (appsumo deals, intercom, customer.io...)

4. I have spent more than $78,000 of google cloud credits ( I got for free from Google Cloud for Startup program). I still owned Google ~2k. It may have cost less, the credit will expire anyway so we never care about optimizing server resources.


As the CEO, I did not take any salary, the investment so far is already... +500k


And that is how I have spent half of my investment budget for the startup which is called http://www.DesignBold.com (http://www.DesignBold.com)


What's DesignBold anyway?

I don't to want this post sound a commercial, but 2 sentences pitch so you can understand why I started it.


1) Inspired by Canva.com - which can be a new Photoshop, we want to join the game by becoming the second player.  Canva had no investment at the time I started DesignBold, but just reached $345M in valuation last month (http://venturebeat.com/2016/09/14/canva-raises-15-million-at-a-345-million-valuation-for-its-online-design-tool/ (http://venturebeat.com/2016/09/14/canva-raises-15-million-at-a-345-million-valuation-for-its-online-design-tool/))
I strongly believe I am second to noone else at the moment.

2) We don't try to compete Canva; Canva want to be a Photoshop-alternative, we want to build a marketplace.

Why? PS PSD/AI format will die. All designs files should be editable/collaborated instantly and real time ON THE WEB in just a few years.

And if Canva, DesignBold or other players (SnapIO, Stencil, PictoChart...) can agree on a new format for templates (instead of closed PS PSD/AI format)  to allow designers contribute "editable" template files. There will be a new TemplateMonster, new GraphicRiver....

What if it does not happen? DesignBold will be the first one to offer that when we grow up!

Anyways, let's get back to the main story.

After months of testing and fine-tuning, in July 2016, I decided that it's time to launch the product. I secured a few launching program with some great partners. And most interesting deal is with AppSumo.com which will go live on coming 31st Oct.


But...wait...!

If you offer something very similar like Canva, there is a key element of this business: STOCK PHOTO

Although I  have purchased all of stockphotos used at DesignBold and discuss a 50/50 commission sharing plan with my stock photo partner.  On Oct 4,2016 a got a Skype message that I will have to pay Extended License for all photos that my designers use in the template.

I have paid for regular license for all photos our designers used in the template, but with the current situation, with our 4000 current design, we have used ~7000 photo x $35 = ~$21,000

My plan to build at least 100,000 pre-made templates in the next 2-3 years, it will cost me $3,5M.

++++++++

(https://d17oy1vhnax1f7.cloudfront.net/items/0G310J0S3j1Y1B3i1c0a/Image%202016-10-18%20at%206.11.01%20PM.png?v=78366126)

+++++++++


$3,5M???? Really??  My short answer: No way!

I have to tweak my business concept a little bit!!

I spent the past few days to find a similar stockphoto usage, but it seems  Canva & DesignBold are the only 2 platforms offering such new & unique design templates. There are others, but most of them use free stock library.

Canva already built their own stock partnership program, I don't have enough resources to do it at the moment.


What's next for DesignBold?


I happen to find out about our Microstockgroup's community last night. I asked myself why I don't try to seek for opinion, support, advice how I should resolve the situation?

Reading through the forum give me a lot of confidence, and if I am lucky, I may find my co-founder here, right :)

If you find DesignBold's business is interesting, please help me in many ways.

2 things that I really look forward to:

1.  I don't think the stock photos our designers used in the template will require Extended License. Do you agree? If yes/no, what is the key reason?
(Remember: Unlike PSD template, the author will distribute the stock photos when he sell the template, in our case, users will still have to pay for stock photos when he render/download the design. In no circumstance, DesignBold is reselling/distributing the stock photo.


2. If I can't work out a proper agreement with the stock photo partner + their contributors. I have to build my own stock photo program, is there anyone here would love to join the team as co-founder with equity option?

You must:
- Have access to a few million stock photos
- Have a wide connection with stock contributors
- Have experience and capability to build and grow the contributor program

That's all for now, I will share more about myself and the DesignBold startup if you want to know.

Feel free to ask in the comment, and I am very eager to answer.

PS: We had a pre-A investment offer at 2.5M valuation, I have not accepted. Is there any investor here? Any opinion?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 18, 2016, 07:40
To be brutally frank I think you are crazy but good luck :P
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 07:44
To be brutally frank I think you are crazy but good luck :P

Yeah, but in which way  :P :P
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 18, 2016, 07:50
The market is totally saturated with images and people selling images you are looking to spend £3.5m  on a business valued at £2.5m to start generating income when? Maybe crazy is wrong but too risky to me.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 07:53
The market is totally saturated with images and people selling images you are looking to spend £3.5m  on a business valued at £2.5m to start generating income when? Maybe crazy is wrong but too risky to me.

No, I am not going to spend 3.5M that way bro. That's why I said I have to tweak my business. May be I have to rely on free stock photo or find other sources. But premium photos are also very important.

I dont agree that editable template design are saturated. Who is providing it?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: hellou on October 18, 2016, 07:53
Why an extended license? Use a API and pay a regular license per single use.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 07:56
Why an extended license? Use a API and pay a regular license per single use.

Thanks @Hellou!!

That is what I am implementing now, but stock photo partner and their contributors are insisting that I have to pay the Extended License. Please help me to provide more opinions so that I can share with them.


Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 08:00
I and Stock photo partner have agreed on an API integration, that every time my user download the photo, they will pay a regular license.

But they insist  that I am using the photo in a template, and their contributor will sue me if I don't pay the Extended License.

You can check out the list of template and how stock photo are used here

https://www.designbold.com/collection (https://www.designbold.com/collection)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 18, 2016, 08:06
"My plan to build at least 100,000 pre-made templates in the next 2-3 years, it will cost me $3,5M." :-\
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 08:10
"My plan to build at least 100,000 pre-made templates in the next 2-3 years, it will cost me $3,5M." :-\

That is when they ask me to pay for Extended License.

But with my current implimentation & usage, I am supposed to pay for regular license!

For regular license, it ll cost me ~50k
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 18, 2016, 08:17
"My plan to build at least 100,000 pre-made templates in the next 2-3 years, it will cost me $3,5M." :-\

That is when they ask me to pay for Extended License.

But with my current implimentation & usage, I am supposed to pay for regular license!

For regular license, it ll cost me ~50k
Having trouble making this add up 50c a template? Think if you did a bit of work on presentation of the financials it might be of more interest from investors. I also see nothing about projected income.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 08:21
"My plan to build at least 100,000 pre-made templates in the next 2-3 years, it will cost me $3,5M." :-\

That is when they ask me to pay for Extended License.

But with my current implimentation & usage, I am supposed to pay for regular license!

For regular license, it ll cost me ~50k
Having trouble making this add up 50c a template? Think if you did a bit of work on presentation of the financials it might be of more interest from investors. I also see nothing about projected income.

Have you tried using our tool? We are not just selling photo & design. There is a whole Photoshop funtion on our platform.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: cthoman on October 18, 2016, 08:32
If you want to spend a bunch of money, you can buy me out. I'd could take a little retirement. :D
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 08:34
If you want to spend a bunch of money, you can buy me out. I'd could take a little retirement. :D

What is the pitch so that I can negotiate with my Investors :))
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: gyllens on October 18, 2016, 08:48
Outright purchase of peoples portfolios! special portfolios of course. You own the copy and everything you sell is 100% profit.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 08:51
Outright purcheses of peoples portgolios! special portfolios of course. You own the copy and everything you sell is 100% profit.

Sorry I don't get you.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Microstockphoto on October 18, 2016, 09:02
not sure if language like  'wanna' and 'bro' will attract a million dollar investment
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 09:07
not sure if language like  'wanna' and 'bro' will attract a million dollar investment

Why business has to be so serious? I built $30M in revenue already bro!
Does that count?

PS: Anyway, I had to change to wanna because the title limit chars
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: lemonyellow on October 18, 2016, 09:10
Why business has to be serious? I built $30M in revenue already bro!
Does that count?

Wye-aye man, if you got $30M in revenue why don't you just spend $1M yourself and enjoy the remaining $29M?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 09:13
Why business has to be serious? I built $30M in revenue already bro!
Does that count?

Y-Aye man, if you got $30M in revenue why don't you just spend $1M yourself and enjoy the remaining $29M?

Revenue is not Profit.

Building stuff that people use is also enjoyable though
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: hellou on October 18, 2016, 09:16
The only reason i see for the extended license is that you host the images on your own hosting. Yes it is right, you want sell a template and you need a extended license.
Solution:
If you act like a affiliate/ refferral partner all images stay at the stock photo agency.  There are endless reseller.  Poster and printing services for example.
They do not pay a extended license becaue they act as a reseller.

A second solution could be to accept people as seller. Invite photographers to upload directly some choosen photos and graphics. Pay more as all the stock photo sites. Make a good offer for photographers and you save money because you only pay for sold template.

Choose some of my graphics and i will upload them. Give me $2 each time a image will be used on a template. Iam in.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 18, 2016, 09:16
Why business has to be so serious? I built $30M in revenue already bro!
Does that count?

Doing what? Another company?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 09:20
Why business has to be so serious? I built $30M in revenue already bro!
Does that count?

Doing what? Another company?

Yes. We had JoomlArt.com - a small Joomla company, but we built the best Joomla templates for many years. I can proudly say that we are the biggest Joomla company so far
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Tror on October 18, 2016, 09:44

1.  I don't think the stock photos our designers used in the template will require Extended License. Do you agree? If yes/no, what is the key reason?


You are kidding me right? You admit a mass fraud in public and you should get sued. You basically sub-licensed our image material without paying the corresponding license fee (extended). If you purchase a standard license it is for a end user.

If you run a "serious" business you should find at least the time to read the TOS.

If you want content, pay for it. Start to talk to contributors. Pay a upfront fee. Build a relationship with photographers. And first and foremost DELETE any material you created with invalid licensed content.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 09:53

1.  I don't think the stock photos our designers used in the template will require Extended License. Do you agree? If yes/no, what is the key reason?


You are kidding me right? You admit a mass fraud in public and you should get sued. You basically sub-licensed our image material without paying the corresponding license fee (extended). If you purchase a standard license it is for a end user.

If you run a "serious" business you should find at least the time to read the TOS.

If you want content, pay for it. Start to talk to contributors. Pay a upfront fee. Build a relationship with photographers. And first and foremost DELETE any material you created with invalid licensed content.

Be calm Tror.

1. You have to understand that our templates are new kind of templates.They are not like PSD or AI, I clearly stated in the post. Your photos are not being sub-licensed. Every time a stock is used by our users, you will get a payment

2. Have you tried our system? It not, take 1-2 minutes to try it and you will see the difference.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Rose Tinted Glasses on October 18, 2016, 10:03
Let me get this straight... You register here yesterday, give a proposal that would fail in any kindergarten class, ask for a mill, and use little hipster terminology like "bro" ... well just to try to put you out of your misery I think this forum is the best place to come for a million reasons you should go somewhere else. You might want to try Trump, he is on a winning streak and loves success.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 10:08
Let me get this straight... You register here yesterday, give a proposal that would fail in any kindergarten class, ask for a mill, and use little hipster terminology like "bro" ... well just to try to put you out of your misery I think this forum is the best place to come for a million reasons you should go somewhere else. You might want to try Trump, he is on a winning streak and loves success.

You may not want to welcome new member but others will certainly be okay with that. If you are not happy, I am not inviting to my post either. Be cool.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 18, 2016, 10:24
Let me get this straight... You register here yesterday, give a proposal that would fail in any kindergarten class, ask for a mill, and use little hipster terminology like "bro" ... well just to try to put you out of your misery I think this forum is the best place to come for a million reasons you should go somewhere else. You might want to try Trump, he is on a winning streak and loves success.
Nice to have a sit back with the popcorn and enjoy the ride thread on here.......If it is serious I suggest you get someone on board who knows how to construct a business case and someone with legal knowledge of copyright law.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: lemonyellow on October 18, 2016, 10:24
1. You have to understand that our templates are new kind of templates.They are not like PSD or AI, I clearly stated in the post. Your photos are not being sub-licensed. Every time a stock is used by our users, you will get a payment

Then, there are many ways as others suggested:

1) affiliate - with api, and files not hosted on your website;
2) accept uploads directly from us - as Canva does;
3) paying an extended licence;

Buying and reselling our photos as part of a template - be it old or new kind - is not allowed by regular licences.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 10:45
1. You have to understand that our templates are new kind of templates.They are not like PSD or AI, I clearly stated in the post. Your photos are not being sub-licensed. Every time a stock is used by our users, you will get a payment

Then, there are many ways as others suggested:

1) affiliate - with api, and files not hosted on your website;
2) accept uploads directly from us - as Canva does;
3) paying an extended licence;

Buying and reselling our photos as part of a template - be it old or new kind - is not allowed by regular licences.

Thank you very much lemonyellow!

That's why I also mention that I need someone to help me with that. The worst case it we have to build our own stock partner program and offer a good payout to start with.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Jo Ann Snover on October 18, 2016, 10:47
There are lots of words and what appear to be way too many subplots that don't really contribute to you telling your story.

I did try your site and at first glance, it looks like Canva to me. There's some talk of photo editing on the front page but I didn't see that. I saw something that let me edit designs but appeared to be still in beta and in need of some work - as an example, having edited some text and colors on a design, I double clicked on a different template on the left and there was no warning that I was about to discard my work (and when I went back to the original design, my work was gone).

Rambling on about Photoshop going away doesn't really address what I think you came here to talk about which is how you get access to stock photos for your business.

You can work with existing agencies to license content through the agency API. You get lots of content with no work on your part beyond implementing the API, but you have to live with their license terms

You can accept uploads from photographers under whatever terms you want to offer (and if they're not appealing, you won't get any/much good content). You get to control things, but you have all the expense of setting up a system to accept, inspect and manage content and contributors.

You can buy out rights to images - either from individual photographers or one of the existing package deals that comes with resale rights. You get to control your expense, but you don't get a flow of new work and at least with the resale rights packages, the content's pretty lackluster.

Pick your poison.

And if you are going to compete with Canva, why would anyone use you versus use them? Will you be cheaper, or better, or offer something they don't? I did look at your site's intro, but it was pretty detail-free. You have someone dragging and dropping a photo from an iPhone to a browser window - are you trying to say you'll have an app on the phone to upload photos to your site?? Making promises I can see are fantasy doesn't really build confidence IMO. Tell people what you can really do and why you're better than the other options already out there.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 13:06
Great response as well as valuable feedback Jo Ann Snover! I really appreciate.

Quote
Quote
You can work with existing agencies to license content through the agency API. You get lots of content with no work on your part beyond implementing the API, but you have to live with their license terms

I already worked with agency, the main argument is which license will be applied to our stocks usage.

1. We are not sub-licensing the stock
2. We are not distributing the stock
3. Every time any stock that we used is being downloaded, we charge the user another regular license fee and send an API notification to the agency.

Why do we have to pay for the Extended License?

Quote
Will you be cheaper, or better, or offer something they don't?

Very much like stock business, the market size is big enough for many providers:


Thanks again for a very helpful reply.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 18, 2016, 13:43
On checking out the website my initial thought is that you need to pay a few hundred dollars to get a proof reader as there are quite a few errors, like it has been written by a non native English speaker.

Where are you licensing the images currently featured on your templates?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 18, 2016, 13:47
Also what is ephoto.com you spent all that money on? That isnt the design platform right? 
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 14:02
Quote
On checking out the website my initial thought is that you need to pay a few hundred dollars to get a proof reader as there are quite a few errors, like it has been written by a non native English speaker.

Thank you, we will be fixing all the typos before launching.

Quote
Also what is ephoto.com you spent all that money on? That isnt the design platform right?

I did want to use this as the official name for the startup but the team voted to keep the old name until now. I have to figure out how to to use this domain later.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 18, 2016, 14:08
I think that is a good call as ephoto.com doesn't sound like a design platform, also using the e prefix is a little dated. Maybe it will come around again!
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 14:25
Not a huge fan of either name, but given the two I would not choose ephoto.

It sounds like you are working with an existing stock agency via the API - perhaps you should negotiate with them and another agency to clarify terms and decide what use will be covered under which license implementation. If you're inventing a gray area, you may get different interpretations.

So you're paying a regular license fee to display the work as part of your collection, and if a user decides to use the image in a graphic that is deployed somewhere, then the user pays a second license fee for that image. Correct?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 14:30
So you're paying a regular license fee to display the work as part of your collection, and if a user decides to use the image in a graphic that is deployed somewhere, then the user pays a second license fee for that image. Correct?

Perfectly correct. And I try to convince the Agency & their contributors that is the right way to interpret our photo usage.

What is your opinion, ppdd?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 14:39
So you're paying a regular license fee to display the work as part of your collection, and if a user decides to use the image in a graphic that is deployed somewhere, then the user pays a second license fee for that image. Correct?

Perfectly correct. And I try to convince the Agency & their contributors that is the right way to interpret our photo usage.

What is your opinion, ppdd?

I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 14:50
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)



Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: hellou on October 18, 2016, 14:59
On checking out the website my initial thought is that you need to pay a few hundred dollars to get a proof reader as there are quite a few errors, like it has been written by a non native English speaker.

Where are you licensing the images currently featured on your templates?
123rf
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 15:01
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)

It said the code was expired or invalid, but I get the idea. It asked me to pay for the image I used when I downloaded my design. Is that where they say you need an extended license? I see that it didn't ask me to license the image that was already there where I started - it said it was free. Is it a free image, or one you licensed?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: hellou on October 18, 2016, 15:08
 ??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 15:12
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)

It said the code was expired or invalid, but I get the idea. It asked me to pay for the image I used when I downloaded my design. Is that where they say you need an extended license? I see that it didn't ask me to license the image that was already there where I started - it said it was free. Is it a free image, or one you licensed?

1. Sorry, try this one: vMJDnBDRna
2. If you look at the left column, there are template with both free photo and paid stock.

Eg:
This one, everything is free
https://www.designbold.com/design/trial/social-media/yO23n3zG4r (https://www.designbold.com/design/trial/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 15:14
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)

It said the code was expired or invalid, but I get the idea. It asked me to pay for the image I used when I downloaded my design. Is that where they say you need an extended license? I see that it didn't ask me to license the image that was already there where I started - it said it was free. Is it a free image, or one you licensed?

1. Sorry, try this one: vMJDnBDRna
2. If you look at the left column, there are template with both free photo and paid stock.

Eg:
This one, everything is free
https://www.designbold.com/design/edit/yO23n3zG4r (https://www.designbold.com/design/edit/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/edit/xELD70W92p (https://www.designbold.com/design/edit/facebook-post/xELD70W92p)

Code still not valid, and 404 on both links.  :)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 15:16
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)

It said the code was expired or invalid, but I get the idea. It asked me to pay for the image I used when I downloaded my design. Is that where they say you need an extended license? I see that it didn't ask me to license the image that was already there where I started - it said it was free. Is it a free image, or one you licensed?

1. Sorry, try this one: vMJDnBDRna
2. If you look at the left column, there are template with both free photo and paid stock.

Eg:
This one, everything is free
https://www.designbold.com/design/edit/yO23n3zG4r (https://www.designbold.com/design/edit/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/edit/xELD70W92p (https://www.designbold.com/design/edit/facebook-post/xELD70W92p)

Code still not valid, and 404 on both links.  :)

 I just updated the links, make sure you already logged in:

This one, everything is free
https://www.designbold.com/design/trial/social-media/yO23n3zG4r (https://www.designbold.com/design/trial/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 15:17
??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

It costs 4 credits to download that design. As long as the money for the license is passed to 123rf, there should not be a problem. Hosting the previews on the platform is not common, but can be negotiated, I would think.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 15:20
Quote
I see no problem with this whatsoever.

You see sites all the time selling wall art - those sites are API partners of agencies, and the sites do nothing (and put up no money) to offer the entire inventory of the agency to their users. When a user buys wall art, the site licenses the image (thus paying the photographer) and fulfills the order. The site is basically an ad platform to display images, and if someone want the image, they facilitate licensing. And they get a kickback from the agency as well. (As you should, as an API partner.) Same idea, right?

Not really. We do modify the stocks to re-produce a new template.

If you take 2-3 minutes trying to create a design from this template

https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

1) try to search for other photo and drag into the design
2) then download it (you will be asked to register an account when downloading)

After download your design, you will understand more about how our system works.

PS: You will need some stock photo credit for testing download, I just created a PROMO code for some stock photo from Agency. Please enter the code "vMJDnBDRna" at this page:
https://www.designbold.com/account/gift-code (https://www.designbold.com/account/gift-code)

It said the code was expired or invalid, but I get the idea. It asked me to pay for the image I used when I downloaded my design. Is that where they say you need an extended license? I see that it didn't ask me to license the image that was already there where I started - it said it was free. Is it a free image, or one you licensed?

1. Sorry, try this one: vMJDnBDRna
2. If you look at the left column, there are template with both free photo and paid stock.

Eg:
This one, everything is free
https://www.designbold.com/design/edit/yO23n3zG4r (https://www.designbold.com/design/edit/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/edit/xELD70W92p (https://www.designbold.com/design/edit/facebook-post/xELD70W92p)

Code still not valid, and 404 on both links.  :)

 I just updated the links, make sure you already logged in:

This one, everything is free
https://www.designbold.com/design/trial/social-media/yO23n3zG4r (https://www.designbold.com/design/trial/social-media/yO23n3zG4r)

This one includes stock that user will need to pay, because it used images from Agency
https://www.designbold.com/design/trial/facebook-post/xELD70W92p (https://www.designbold.com/design/trial/facebook-post/xELD70W92p)

Yes, this works fine. I think this is exactly the same as my example with the wall art sites - you allow users to browse and create what they want, then you facilitate the purchase of the license when they have what they want to use.

The only problem I can see AT ALL with this is you hosting the image previews, but as I say, I think this can be worked out with an agency partner.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: hellou on October 18, 2016, 15:20
-
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 15:21
??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

The storage you mentioned is for the cached and performance purpose only.

We notify 123RF via the API when any download is made.

You can make a test of download of any of your images (if you have an account on 123RF), and if you pay at DesignBold, you will be notified about the sales!
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 15:27
??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

It costs 4 credits to download that design. As long as the money for the license is passed to 123rf, there should not be a problem. Hosting the previews on the platform is not common, but can be negotiated, I would think.

 :o There is no API or similar. No feedback to 123rf a image was sold if you download this template now. You do not earn anything at 123rf.
Look where this image is hosted. it is not a preview. Now iam realy angry.

hosted: https://db-s18-storage-public.designbold.com (https://db-s18-storage-public.designbold.com)

Do you have stock on 123RF? You can search for your own image, try to download it and see it for yourself.

You can pay to download at DesignBold and you will see if you get paid via 123RF.

PS: Remember that we notify 123RF, but not sure their API will notify the author right away or their will be any delay. We can cross check on that though.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 15:30
??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

The storage you mentioned is for the cached and performance purpose only.

We notify 123RF via the API when any download is made.

You can make a test of download of any of your images (if you have an account on 123RF), and if you pay at DesignBold, you will be notified about the sales!

There is clearly 123rf API infrastructure in place, even if it's being worked out on a prelaunch site. Anyway, this is how businesses (both you and 123rf) grow - by making content available in unconventional ways. I like this - but you may find resistance in this forum since a lot of shady business "deals" end up screwing the photographers and this is a photographer-heavy board that doesn't trust businesses very much.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 15:48
??? hosted here: ... db-s13-storage-public.designbold.com ...

At the moment your website gives no feedback to 123rf website. So we (the photographers) do not earn a single cent while you sell a template with our images. Iam realy confused why you should even be allowed to use a extended license. I thought digital reproductions are not allowed.

Your website is searching first at selfhosted images (  >:( our iamges from 123rf only by regular licence). This is not ok for regular licence.
After this it will search on 123rf too. This is ok for regular licence.

For your self hosted images you need a extended license.
You can not buy the 123rf images once and resell it as templates and only pay a regular low price only one time. NO WAY!

I do not think the photograper is happy you resell his image:
https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059 (https://de.dreamstime.com/stockfoto-blondes-mdchen-der-mode-im-modischen-jeansmantel-image51865059)
https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html (https://www.designbold.com/templates/qv4wxQGv2p/sale-off-up-to-40-graphic-resources.html)

The storage you mentioned is for the cached and performance purpose only.

We notify 123RF via the API when any download is made.

You can make a test of download of any of your images (if you have an account on 123RF), and if you pay at DesignBold, you will be notified about the sales!

There is clearly 123rf API infrastructure in place, even if it's being worked out on a prelaunch site. Anyway, this is how businesses (both you and 123rf) grow - by making content available in unconventional ways. I like this - but you may find resistance in this forum since a lot of shady business "deals" end up screwing the photographers and this is a photographer-heavy board that doesn't trust businesses very much.

Thanks PPDD for spending time with me to understand how the system work.

Because this is very important to our business, and I want to share our "unconventional" but "innovative" way of using stocks so that I can get an approval/agreement from stock contributors.

If most of you give me an "YES", I will be able to come back to talk to 123RF or any agency that I am going to work with.

@ppdd @hellou and everyone has participated in the discussion, would you allow me to sell your photos this way with a regular license (for every time users download your stock) ???

There is no lost to you. I am inventing a new way so that you can sell more photo and I can grow my userbase as well as charging for the tool as PRO subscription. And if I can make it up to hundreds of thousand templates with millions of users, both agencies and you will aslo get more $.

What is holding you back? Any more question that I can address?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DallasP on October 18, 2016, 15:59
I'll sell you 1dollarimages.com for the low low price of $20k
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 18, 2016, 16:12
It's just a way to sell more photos - 123rf should be thrilled. I'm more of a designer/developer than a photographer. Joomlart is a great site (I've used it over the years and it always seemed like it was made by non English speakers, so I do suggest working on that).

I think this has a good chance of succeeding and I appreciate you coming by to talk about it. A ton of work has obviously go into the site, though some of the UX and UI seem a bit confusing.

It seems like Canva decided to build their own library ASAP and cut out the middle agency, so I'm guessing you'll do the same a some point. Best of luck.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 18, 2016, 16:38
As long as each individual use is licensed by each end customer and the use would be covered by a standard licence it shouldn't need an EL, it's what the api is for.

If you are talking about licensing once for use in a template for multiple customers then I wouldn't even be happy for it to happen with an EL. 
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: CJH on October 18, 2016, 16:47
If I had $1 Million to invest....I would hold onto it, retire and build a travel photography biz.  Good luck to you! (an to me too :-) )
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: SpaceStockFootage on October 18, 2016, 19:03
If it's one extended license and then you can sell as many templates as you want, I'd bite thir hand off. That's a good deal! One extended license every time you sell a tempt is maybe a bit excessive though.

Obviously it depends on the specific site and the license in question, but my understanding is that selling wall art is a bit different. You're essentially making a new end product using that image. If it's a template then you're giving away the stock item as is. If you sold a service where people choose a template, give you all the details, and you then create a non-editable end product that contains that image... then an extended license probably wouldn't be required.

But yeah, I'm no API wizard, but what everyone has said sounds good!

I think you need to work on the whole concept and direction of the business first. You could get 1m potential customers tomorrow from somebody here, but if they don't like what they see, they probably won't be back. It would be better to have 10k potential new customers who are more likely to buy something, and keep coming back.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: lima on October 18, 2016, 20:26
it´s a bad copy of canva  :-X be more creative!
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 20:38
It's just a way to sell more photos - 123rf should be thrilled. I'm more of a designer/developer than a photographer. Joomlart is a great site (I've used it over the years and it always seemed like it was made by non English speakers, so I do suggest working on that).

I think this has a good chance of succeeding and I appreciate you coming by to talk about it. A ton of work has obviously go into the site, though some of the UX and UI seem a bit confusing.

It seems like Canva decided to build their own library ASAP and cut out the middle agency, so I'm guessing you'll do the same a some point. Best of luck.

Thanks alot PPDD!

I am thinking of a way so that all stock contributors can control their own stock.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 20:39
it´s a bad copy of canva  :-X be more creative!

Do you have any recommendation?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: lima on October 18, 2016, 21:24
don´t copy!

be different, be creative, dont try to be better than... be unique. this is the key of success

it´s a bad copy of canva  :-X be more creative!

Do you have any recommendation?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 18, 2016, 23:09
I don't deny that we are very much inspired by Canva. But there is one important thing: we have a difference business model. We are trying to create more beautiful templates and try to become a marketplace for designers & marketers.


don´t copy!

be different, be creative, dont try to be better than... be unique. this is the key of success

it´s a bad copy of canva  :-X be more creative!

Do you have any recommendation?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 19, 2016, 01:40
I am going to be honest. If I had the option I would invest in Canva a million times before I invested in this. Just reading the initial post it seems like it's all over the place with cash flying out randomly left right and center. Just the fact that 75000 went on a not very good site name that has still not been used for example or that the site has had this much spent on it without a deal in place for stock content means... I'm out.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 19, 2016, 01:52
I am going to be honest. If I had the option I would invest in Canva a million times before I invested in this. Just reading the initial post it seems like it's all over the place with cash flying out randomly left right and center. Just the fact that 75000 went on a not very good site name that has still not been used for example or that the site has had this much spent on it without a deal in place for stock content means... I'm out.
Been watching Dragon's den? There might be a good idea in there somewhere but it really does need someone business savvy to turn it into a serious proposition. It also needs proper legal input or you might find yourself more than £1m down!
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: sharpshot on October 19, 2016, 05:31
What I don't understand is that if what Canva are doing is working well, why aren't Shutterstock and the other big sites offering the same thing?  I like Canva from the contributors point of view, really interesting to see how my images are being used in designs and they sell a lot.  I just can't understand why the big sites haven't reacted to this.  Are they becoming like Getty were when istock was starting to become a threat and they ignored it for too long?

Also strange how Canva never makes it in to the poll results here.  I don't bother doing the poll most months, perhaps all the other people doing well with them don't bother either?  They would be in second place for me.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Sean Locke Photography on October 19, 2016, 05:49
This is the weirdest thread ...
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 19, 2016, 05:57
What I don't understand is that if what Canva are doing is working well, why aren't Shutterstock and the other big sites offering the same thing?

Innovation rarely come from big company. They are too busy with so many big projects.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: SpaceStockFootage on October 19, 2016, 06:13
What I don't understand is that if what Canva are doing is working well, why aren't Shutterstock and the other big sites offering the same thing?

I guess it's the same reason why they're not selling books, or mobile phones, or 3D models.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ccbcc on October 19, 2016, 09:42
Anonymous person on the internet, looking for big investors.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 19, 2016, 09:52
Hello big Investor

This is the Anonymous:  http://www.facebook.com/hungstartup (http://www.facebook.com/hungstartup)

Are you real, too?

Anonymous person on the internet, looking for big investors.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Microstockphoto on October 19, 2016, 11:51
So your "bro" approach got you 30 mil in revenue but didnt manage to get a million profit from that to further invest. basically your not a very good business man because you cant make a return on an investment. a bit like twitter and uber, turning over millions but no profit. how is your track record going to attract new investors? youve got nothing to show for bro. fo sho
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: BelieveInStock on October 19, 2016, 12:02
My suggestion is contact 200 best microstock photographers, illustrators and build a separate database. I mean separate from any API as they are unstable, and you are a serious businessman aren't you?

An established photographer/illustrator would happily get $1 per image uploaded and 50%/50% royalty split thereafter.

What about that ?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 19, 2016, 12:03
What made you come to conclusion that I could not manage to get a million to further invest?

And fund raising does not always mean that you need money.

So your "bro" approach got you 30 mil in revenue but didnt manage to get a million profit from that to further invest. basically your not a very good business man because you cant make a return on an investment. a bit like twitter and uber, turning over millions but no profit. how is your track record going to attract new investors? youve got nothing to show for bro. fo sho
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 19, 2016, 12:06
I really like this idea and did think about that. But I dont think with 200 microstock contributoers, I will get enough high quality photos, verification process costs way alot of money too.

 
My suggestion is contact 200 best microstock photographers, illustrators and build a separate database. I mean separate from any API as they are unstable, and you are a serious businessman aren't you?

An established photographer/illustrator would happily get $1 per image uploaded and 50%/50% royalty split thereafter.

What about that ?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: BelieveInStock on October 19, 2016, 12:16
With top 200 you would not need too much verification or review process as they (me included, sorry for my anonymity) do have expertise what images are needed, are quality aware etc. Lets say every photographer/illustrator from top 200 has on avarage 5000 images (at least). 200 x 5000 of the best content is an awesome start.


I really like this idea and did think about that. But I dont think with 200 microstock contributoers, I will get enough high quality photos, verification process costs way alot of money too.

 
My suggestion is contact 200 best microstock photographers, illustrators and build a separate database. I mean separate from any API as they are unstable, and you are a serious businessman aren't you?

An established photographer/illustrator would happily get $1 per image uploaded and 50%/50% royalty split thereafter.

What about that ?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Justanotherphotographer on October 19, 2016, 12:18
Hello big Investor

This is the Anonymous:  [url]http://www.facebook.com/hungstartup[/url] ([url]http://www.facebook.com/hungstartup[/url])

Are you real, too?

Anonymous person on the internet, looking for big investors.


"Sorry, this page isn't available

The link you followed may be broken, or the page may have been removed."
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Kenny on October 19, 2016, 12:48
I don't deny that we are very much inspired by Canva. But there is one important thing: we have a difference business model. We are trying to create more beautiful templates and try to become a marketplace for designers & marketers.

Canva's already in the marketplace for designers, marketers, and more.

Canva already offers beautiful templates:  https://www.canva.com/templates/invitations/halloween-party/ (https://www.canva.com/templates/invitations/halloween-party/)

It also appears you're inspired by Google:

(https://s17.postimg.org/m7mh3heq7/designbold_vs_google_logo.jpg)


Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 19, 2016, 13:19
too close for comfort I reckon
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 19, 2016, 13:33
It is really hard to see difference between Shutterstock, Fotolia, iStock and many other stock companies outthere. And more importantly, you dont need to be the #1 to be successful. As far as I have a few millions of users from a more focused group, I can provide more useful templates for that group.

Eg:  providing  real estate templates serving realtors only can be a good option. They will need alot if online marketing materials as well as printed copies. i have about +200 realestate designs  already, and I am sure Canva is nowhere close to that number.

I may take a vertical approach later. The market is big enough for aa few more sites like Canva & DesignBold

I don't deny that we are very much inspired by Canva. But there is one important thing: we have a difference business model. We are trying to create more beautiful templates and try to become a marketplace for designers & marketers.

Canva's already in the marketplace for designers, marketers, and more.

Canva already offers beautiful templates:  https://www.canva.com/templates/invitations/halloween-party/ (https://www.canva.com/templates/invitations/halloween-party/)

It also appears you're inspired by Google:

(https://s17.postimg.org/m7mh3heq7/designbold_vs_google_logo.jpg)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 19, 2016, 19:56
I don't deny that we are very much inspired by Canva. But there is one important thing: we have a difference business model. We are trying to create more beautiful templates and try to become a marketplace for designers & marketers.

Canva's already in the marketplace for designers, marketers, and more.

Canva already offers beautiful templates:  https://www.canva.com/templates/invitations/halloween-party/ (https://www.canva.com/templates/invitations/halloween-party/)

It also appears you're inspired by Google:

(https://s17.postimg.org/m7mh3heq7/designbold_vs_google_logo.jpg)

You guys are getting ridiculous. Yes, geometric sans serif and colors, like many, many logos. You should know better.

There is space for several vendors in the marketplace, I'm sure. 
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 20, 2016, 01:25
OK I will take the bait ,,,,how many logos use the same four colours and only those four?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 06:10
OK I will take the bait ,,,,how many logos use the same four colours and only those four?

Maybe a million? Go look. Check out a color wheel and the answer is there.

By the way, I think someone used the word "Design" in their logo before, too close for comfort?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ccbcc on October 20, 2016, 07:52
Hello big Investor

This is the Anonymous:  [url]http://www.facebook.com/hungstartup[/url] ([url]http://www.facebook.com/hungstartup[/url])

Are you real, too?

Anonymous person on the internet, looking for big investors.



I'm anonymous but real. Also not looking for investors, because I would not do that anonymously. I would do that with my full name, because trustworthiness is one of the most important things for investors. They need to have confidence in you.

Of course, what I'm saying is pretty obvious. But if this is how you handle suggestions and critics, good luck.

You're link doesn't work. You're still anonymous.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 08:03
"Ford already makes cars, give up and quit Mr. Toyoda"...

Now, I wouldn't invest a million in this company either but the comments in this thread are getting ridiculous... It must be hard to have an all-pessimistic outlook on life and be so jealous of anyone who tries to create something?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Rose Tinted Glasses on October 20, 2016, 08:37
"Ford already makes cars, give up and quit Mr. Toyoda"...

It must be hard to have an all-pessimistic outlook on life and be so jealous of anyone who tries to create something?

It's a realistic outlook on life mate. You don't come into a forum as a newbie and completely anonymous and ask for a million for a start up that was presented in such an amateur manner and not expect to take a few jabs. Also of note, who in their right mind comes on to any forum asking for a million especially when the average forum user such as those on MSG most likely make less money per year than a Wal Mart greeter. You can call this pessimism, I call it two things realism and good old common sense. I truly wish the OP the best of luck, but I'd also suggest he/she gets their ducks in order and take a different approach to gain venture capital.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 08:44
It's a realistic outlook on life mate. You don't come into a forum as a newbie and completely anonymous and ask for a million for a start up that was presented in such an amateur manner and not expect to take a few jabs. Also of note, who in their right mind comes on to any forum asking for a million especially when the average forum user such as those on MSG most likely make less money per year than a Wal Mart greeter. You can call this pessimism, I call it two things realism and good old common sense. I truly wish the OP the best of luck, but I'd also suggest he/she gets their ducks in order and take a different approach to gain venture capital.

First of all, what new user knows of everyone who writes here, and the contents of every thread? It's not completely crazy to think that a few library owners/operators also hang around here based on the name (which they do!) and might be interested. No, the average $43 a month person will not be able to do much, but maybe, just maybe, someone will.

A few jabs, sure, but it's the constant belittling and downright arrogant/rude comments that are a bit over the top. Especially when they try to find any little thing to make fun of, like the logo, without apparently having seen a logo or font before in their life...
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Rose Tinted Glasses on October 20, 2016, 08:57
It's a realistic outlook on life mate. You don't come into a forum as a newbie and completely anonymous and ask for a million for a start up that was presented in such an amateur manner and not expect to take a few jabs. Also of note, who in their right mind comes on to any forum asking for a million especially when the average forum user such as those on MSG most likely make less money per year than a Wal Mart greeter. You can call this pessimism, I call it two things realism and good old common sense. I truly wish the OP the best of luck, but I'd also suggest he/she gets their ducks in order and take a different approach to gain venture capital.

First of all, what new user knows of everyone who writes here, and the contents of every thread?

That would fall under market research and understanding your target audience for venture capital. Just sayin.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 09:07
That would fall under market research and understanding your target audience for venture capital. Just sayin.

So you're also saying that people from big and small libraries don't come here then?

Most people who have done something great with their lives were met with the "are you crazy" and "just get a job at McD" comments by people who will never do anything great...
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Rose Tinted Glasses on October 20, 2016, 09:22
That would fall under market research and understanding your target audience for venture capital. Just sayin.

So you're also saying that people from big and small libraries don't come here then?


I don't think I have said that once. But I am saying the average user here does not have a million dollars to spare. Still confused?

And if it was me who wanted a million dollars I certainly would have a better presentation on hand and take it directly to the big libraries and make a presentation that clearly explained what your million dollars would be used for etc.

It's all in the packaging and if you want to twist it how you see fit then knock yourself out. It's fairly obvious to me that you either don't get the point and/or you are just being argumentative for the sake of doing so.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: CJH on October 20, 2016, 09:35
Agree, it's in the packaging.   Hung, I suggest you focus more on estimating earnings and less on what has already been spent on the business.   Over-spending (by a lot!) on a domain name that you don't use is not a great advertisement for your business skills.   The estimated value of the salary you didn't take doesn't matter much to investors.  Yes, it demonstrates your committment, but top of everyone's mind will be "What will I get for my $1Mill investment?"  Where are the numbers showing that?  And how solid are the forecasted earnings? Personally, I suspect this market is well-saturated, lacking meaningful barriers to entry, and well into milking the cash cow stage of industry develoment.  But that's just based on casual observation and I could be mistaken.   Good luck. 
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 09:43
I don't think I have said that once. But I am saying the average user here does not have a million dollars to spare. Still confused?
That's why I asked what you were saying. How much must the AVERAGE user have to spare to warrant looking for investors? Why must the average user have so much money when clearly representatives from Fotolia/Adobe/Videoblocks etc. hang around here checking the forum every week?
just being argumentative for the sake of doing so.
Partly true, but the main reason was to point out the belittling and comments like "it's been done" and "the logo has letters and colors, it's too similar".

I'm not defending the pitch, I'm just pointing out the bully attitude against "newbies".
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 20, 2016, 10:48
I don't think I have said that once. But I am saying the average user here does not have a million dollars to spare. Still confused?
That's why I asked what you were saying. How much must the AVERAGE user have to spare to warrant looking for investors? Why must the average user have so much money when clearly representatives from Fotolia/Adobe/Videoblocks etc. hang around here checking the forum every week?
just being argumentative for the sake of doing so.
Partly true, but the main reason was to point out the belittling and comments like "it's been done" and "the logo has letters and colors, it's too similar".

I'm not defending the pitch, I'm just pointing out the bully attitude against "newbies".

The criticism was getting pointless, yes. Also, the facebook link works just fine for me, and did from the moment it was posted - I have no idea why people can't see it.

I think the introduction was a little strange, but this isn't a terrible place to ask for input or even look for a partner. There are people around with startup experience in the industry and some people with fairly deep connections who can offer input.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: ppdd on October 20, 2016, 10:54
Agree, it's in the packaging.   Hung, I suggest you focus more on estimating earnings and less on what has already been spent on the business.   Over-spending (by a lot!) on a domain name that you don't use is not a great advertisement for your business skills.   The estimated value of the salary you didn't take doesn't matter much to investors.  Yes, it demonstrates your committment, but top of everyone's mind will be "What will I get for my $1Mill investment?"  Where are the numbers showing that?  And how solid are the forecasted earnings? Personally, I suspect this market is well-saturated, lacking meaningful barriers to entry, and well into milking the cash cow stage of industry develoment.  But that's just based on casual observation and I could be mistaken.   Good luck.

I don't really know what he was asking for - I think he's saying he's spent $1 million so far and is looking for a co-founder. The co-founder can have experience, connections and expertise that will help the business succeed, which in the end is more valuable than the initial investment. The site is pretty complete and having a co-founder who is good at navigating the VC world would be the most valuable. Canva has $45 million in VC funding, which is a major reason why it's working.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: silv3r on October 20, 2016, 13:22
Hello big Investor

This is the Anonymous:  [url]http://www.facebook.com/hungstartup[/url] ([url]http://www.facebook.com/hungstartup[/url])

Are you real, too?

Anonymous person on the internet, looking for big investors.



I'm anonymous but real. Also not looking for investors, because I would not do that anonymously. I would do that with my full name, because trustworthiness is one of the most important things for investors. They need to have confidence in you.

Of course, what I'm saying is pretty obvious. But if this is how you handle suggestions and critics, good luck.

You're link doesn't work. You're still anonymous.


If you had read his post more thoroughly you'd find that he wasn't looking for investors so much as the things he clearly stated.

1. This sentence makes it clear to me he is searching for help solving the stock image dilemma:

"I asked myself why I don't try to seek for opinion, support, advice how I should resolve the situation?"

2. This says to me he's interested in a partner that matches the criteria mentioned in his initial post, for an equity option; no investment needed:

is there anyone here would love to join the team as co-founder with equity option?

You must:
- Have access to a few million stock photos
- Have a wide connection with stock contributors
- Have experience and capability to build and grow the contributor program


3. This suggested to me that he's quite a real person, not an anonymous person with the negative connotations you're insinuating.

This is the Anonymous: http://www.facebook.com/hungstartup (http://www.facebook.com/hungstartup)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: silv3r on October 20, 2016, 13:37
"Ford already makes cars, give up and quit Mr. Toyoda"...

It must be hard to have an all-pessimistic outlook on life and be so jealous of anyone who tries to create something?

It's a realistic outlook on life mate. You don't come into a forum as a newbie and completely anonymous and ask for a million for a start up that was presented in such an amateur manner and not expect to take a few jabs. Also of note, who in their right mind comes on to any forum asking for a million especially when the average forum user such as those on MSG most likely make less money per year than a Wal Mart greeter. You can call this pessimism, I call it two things realism and good old common sense. I truly wish the OP the best of luck, but I'd also suggest he/she gets their ducks in order and take a different approach to gain venture capital.

At what point did he ask for a million dollars? He simply said it's a million dollar startup. If you had read his story more carefully you would have found he explained he's gone through half his initial investment and is now facing a serious challenge to his original business model, acquiring stock images at a reasonable price.

This is what he is looking for. A co-founder who can help to overcome this hurdle.

He's also asking the contributors/photographers on this forum whether or not his position on the licensing is unreasonable to them so that he can brainstorm a way to create something that contributes not only to DesignBold but the contributors/photographers as well.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 15:45
At what point did he ask for a million dollars? He simply said it's a million dollar startup. If you had read his story more carefully you would have found he explained he's gone through half his initial investment and is now facing a serious challenge to his original business model, acquiring stock images at a reasonable price.

This is what he is looking for. A co-founder who can help to overcome this hurdle.

He's also asking the contributors/photographers on this forum whether or not his position on the licensing is unreasonable to them so that he can brainstorm a way to create something that contributes not only to DesignBold but the contributors/photographers as well.

Of course they didn't read it. They saw a word or two about money from someone with English as a second language and were too eager to form a lynch mob.  :)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 20, 2016, 16:41
"Partly true, but the main reason was to point out the belittling and comments like "it's been done" and "the logo has letters and colors, it's too similar".  My intention was not to belittle I said in previous posts I felt the proposal could do with some Legal input. To me If I were to look at that Logo I could easily mistake it for a Google product. I just think there is a significant risk that Google may take the same view and act accordingly. Maybe I'm wrong but I think some professional  legal advice would help. I've certainly seen small retailers ordered to change their shop branding for less similarity.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 16:53
You should check out the eBay logo.  :)

Anyway, the font is completely different, and those 4 colors are the most common colors in the known universe. And that combination is the most common combination in the unknown universe. It's not too similar.

On a different note, personally I would think it would look better in all white or a single color on the b.

It also needs some work on the kerning (the sig part especially).
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 20, 2016, 17:17
Yep OK perhaps I'm wrong ;D. though to my eyes the fonts look quite similar but I'm no expert. It seems google were erm "inspired" by ebay :o   :-X
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: increasingdifficulty on October 20, 2016, 17:21
It seems google were erm "inspired" by ebay :o   :-X

Well, everyone's inspired by the color wheel.  :)

The fonts are quite different, as far as fonts go. After all, they all need to look like letters we can recognize. And not much to do about o and l.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DallasP on October 20, 2016, 19:08
Whoa ... this derailed faster than most msg threads ...

Anyone bring an extra pitchfork? I left mine in the other bag.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: pkphotos on October 20, 2016, 19:29
I am happy to sell you my entire library for US250,000
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Artist on October 20, 2016, 20:55
I am happy to sell you my entire library for US250,000

and how big your library is? thats something big you are asking :)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 23, 2016, 17:32
Thank you Silv3r for making my point clearer:

I am not asking for investment, I just asked for the opinion about the licensing as well as tried to look for a good partner who can help me building the stocks program & growing a high quality stock library.

I shared my journey so that people can understand more about my business situation so that we will be on the same page, if I am lucky to find one.


"Sorry, this page isn't available

The link you followed may be broken, or the page may have been removed."


Facebook links to my account does not work to some people, you properly need to logged-in to view a Facebook profile. Here is my LinkedIn account

https://www.linkedin.com/in/hungdv (https://www.linkedin.com/in/hungdv)

And a picture of me featured in our Forbes'cover.

(https://scontent-hkg3-1.xx.fbcdn.net/v/t1.0-9/12105994_10207738105188955_859006159111220137_n.jpg?oh=e7ffbc266fb477eb4e56f9748972cf7b&oe=589195CC)

I did not want to be anonymous and have any tricky plan. Perhaps I did not made myself clear as English is my second language.


Hello big Investor

This is the Anonymous:  [url]http://www.facebook.com/hungstartup[/url] ([url]http://www.facebook.com/hungstartup[/url])

Are you real, too?

Anonymous person on the internet, looking for big investors.



I'm anonymous but real. Also not looking for investors, because I would not do that anonymously. I would do that with my full name, because trustworthiness is one of the most important things for investors. They need to have confidence in you.

Of course, what I'm saying is pretty obvious. But if this is how you handle suggestions and critics, good luck.

You're link doesn't work. You're still anonymous.


If you had read his post more thoroughly you'd find that he wasn't looking for investors so much as the things he clearly stated.

1. This sentence makes it clear to me he is searching for help solving the stock image dilemma:

"I asked myself why I don't try to seek for opinion, support, advice how I should resolve the situation?"

2. This says to me he's interested in a partner that matches the criteria mentioned in his initial post, for an equity option; no investment needed:

is there anyone here would love to join the team as co-founder with equity option?

You must:
- Have access to a few million stock photos
- Have a wide connection with stock contributors
- Have experience and capability to build and grow the contributor program


3. This suggested to me that he's quite a real person, not an anonymous person with the negative connotations you're insinuating.

This is the Anonymous: [url]http://www.facebook.com/hungstartup[/url] ([url]http://www.facebook.com/hungstartup[/url])

Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: CrFx on October 23, 2016, 23:55
one question, why should we give opinion to you?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Pauws99 on October 24, 2016, 01:37
one question, why should we give opinion to you?
h'mm why should anyone give an opinion to anyone on here?....Its rather the point of a forum isn't it?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 24, 2016, 02:41
one question, why should we give opinion to you?

That is why we are here right?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: SpaceStockFootage on October 24, 2016, 03:47
one question, why should we give opinion to you?

Unless I've missed the odd post here and there, I don't think he asked for opinions. He's more looking for a partner to help grow the business for an equity split.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: CrFx on October 24, 2016, 04:28
one question, why should we give opinion to you?

Unless I've missed the odd post here and there, I don't think he asked for opinions. He's more looking for a partner to help grow the business for an equity split.

Yes he stared the thread with same and then shifted to more opinion section.
Person is showing huge money investment in buying resources and don't know how to progress? Is this a showbiz?

This guy isn't much aware about the stock image market. Buying not so good domain at such amount without proper market study and thinking to come here and ask everyone for the advise on how to run it successfully.
I also doubt his equity share is only a fake marketing tactics.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Anyka on October 24, 2016, 04:38
The OP makes designs with stock photography and wants to know our opinion about how these photos should be paid :
- payment to the contributor (via agency 123rf) EVERY TIME some one buys the design  (like Canva);
OR
- 1x Extended License for EVERY photo used in a design (even if it is NEVER SOLD).

123rf wants the extended license, which would cost him a HUGE amount of money, without knowing if any one would ever need/use the image.

Canva uses the first option, only Canva does not work with an agency.  Canva works directly with the contributors and pays for EVERY single USE.  The OP wants to do the same.  This would mean that successful designs will mean lots of credits/payments to the contributor (through 123rf) and non-successful designs will just "exist", without payment to the OP, the Agency or the Contributor.
(unsuccessful designs however WILL cost the OP the working hours to create them).

The only mistake he made (I think) is to already make quite a lot of designs BEFORE discussing this important matter with 123rf.

My personal opinion would be Payment per download, not the extended license. 
- In case of extended license, DesignBold will try to make LOTS of designs with the SAME images (= cheaper).  After receiving the extended license, contributors will not receive extra payment if a design proves super-successful.
- In case of Payment per download, DesignBold can make as many designs as they want, using different images all the time, and the better they do this (and the more variety), the more successful their sales will be = better for everybody (including 123rf).
I may be wrong of course, but this is my humble but honest opinion.

The only thing that might be better for us contributors, is using the Canva method (work without an external agency), but for that he would need to hire a lot more personnel.

Beside that important question about which license, he is ALSO looking for a co-founder, but that is not his main problem right now.  His main problem is the fact that 123rf asks for an EL for every image, even if it does not sell at all.

Did I get that right?

Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: DesignBold on October 24, 2016, 04:44
Thanks Anyka,

Your opinion is exactly what I want to hear. I see you are a Premium member, are you also a premium contributor to stock agencies like 123RF?
The OP makes designs with stock photography and wants to know our opinion about how these photos should be paid :
- payment to the contributor (via agency 123rf) EVERY TIME some one buys the design  (like Canva);
OR
- 1x Extended License for EVERY photo used in a design (even if it is NEVER SOLD).

123rf wants the extended license, which would cost him a HUGE amount of money, without knowing if any one would ever need/use the image.

Canva uses the first option, only Canva does not work with an agency.  Canva works directly with the contributors and pays for EVERY single USE.  The OP wants to do the same.  This would mean that successful designs will mean lots of credits/payments to the contributor (through 123rf) and non-successful designs will just "exist", without payment to the OP, the Agency or the Contributor.
(unsuccessful designs however WILL cost the OP the working hours to create them).

The only mistake he made (I think) is to already make quite a lot of designs BEFORE discussing this important matter with 123rf.

My personal opinion would be Payment per download, not the extended license. 
- In case of extended license, DesignBold will try to make LOTS of designs with the SAME images (= cheaper).  After receiving the extended license, contributors will not receive extra payment if a design proves super-successful.
- In case of Payment per download, DesignBold can make as many designs as they want, using different images all the time, and the better they do this (and the more variety), the more successful their sales will be = better for everybody (including 123rf).
I may be wrong of course, but this is my humble but honest opinion.

The only thing that might be better for us contributors, is using the Canva method (work without an external agency), but for that he would need to hire a lot more personnel.

Beside that important question about which license, he is ALSO looking for a co-founder, but that is not his main problem right now.  His main problem is the fact that 123rf asks for an EL for every image, even if it does not sell at all.

Did I get that right?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: silv3r on October 26, 2016, 21:10
one question, why should we give opinion to you?

Why does anyone give anyone opinions? Ever heard of altruism?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: SpaceStockFootage on October 26, 2016, 21:21
one question, why should we give opinion to you?

Why does anyone give anyone opinions? Ever heard of altruism?

You can get a cream for that.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: silv3r on November 03, 2016, 20:00
It looks like he isn't doing too bad in business:
https://www.facebook.com/designbolddotcom/videos/1584817978493210/ (https://www.facebook.com/designbolddotcom/videos/1584817978493210/)

Here's a video they made:
https://www.youtube.com/watch?v=9RaUI5oRo5Y (https://www.youtube.com/watch?v=9RaUI5oRo5Y)
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Giveme5 on November 03, 2016, 20:33
I do feel this guy is for real but I only have about one million Mexican Pecos from my five years in business and that is gone on newer equipment  :-\


 
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: PureArt on November 05, 2016, 16:18
DesignBold,

At https://www.designbold.com/contributor (https://www.designbold.com/contributor) you write: "Once your layout is published, it will continue to earn credits every time it gets used." But what is the price, royalty? Let's say I register and create a layout and you sell it. How much $ do I get?
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: nd3000 on November 08, 2016, 05:51
Everything has been said in this thread, you have your options on building your business laid down. How can we provide further assistance Mr.Ephoto?

You need somebody to invest? Here? - Not going to happen. If it is he would have contacted you by now and you two could have a private talk.

You need photos? Who is stupid enough to sell photos to you directly without having insurance that his work is being paid for every time you sell an image? Again, API and other options discussed above are the way to go.

At this moment it seems like you ought to become another stock agency. It might save you 3 exclusive millions.
Title: Re: $1M investment into stock/graphic template business, wanna join as co-founder?
Post by: Hannafate on December 16, 2016, 16:58
I just checked out DesignBold, and I can't figure out how I'm supposed to make money with you.  I know the big floaty pages with pop ups and frames and garblespeak is the style, but it still annoys and confuses me.

I didn't like having to sign up to (try to) get the information I was looking for about how to submit images.

I couldn't figure out what I was supposed to do to sell things through your site.

I got pissed off when I clicked on "contact", so ask for specifics, and it went to a forum.  I tried "support center", and it went to the same forum.

I got REALLY pissed off when I wanted to remove my new account, and there was not a way to do that, the link went to the same forum.

If you want new images to sell people, you're going to have to make a better first impression on the people who make the images.

Don't you dare send me any spam.