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Author Topic: The Fall Of An Empire  (Read 39285 times)

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« Reply #200 on: December 14, 2012, 16:32 »
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I worked for a VC-funded technology startup that eventually went public. It was a small company and we saw the whole process from the inside.  IPO, employee options, blackout periods, insider trades, misinformation, the dot-com boom, day traders,  and eventually, total crash and burn.  The whole cycle.

 I won't bore everyone with stories but one thing I can say with conviction: these deals are always 100% structured to benefit the insiders, NOT the rank-and-file employees and NOT naive outsiders who buy the stock.


lisafx

« Reply #201 on: December 15, 2012, 10:57 »
+1
Jon Oringer at least said in one of his recent interviews that SS currently has 600 000 customers and he estimates that there are another 70 million out there.

Rebecca tells us that the market as ended, new contributors and new files will mean we inevtably lose sales and that there is no future. Also the traffic at gettyimages itself keeps going down. So they have no organic expansion, unless they buy other peoples businesses.

Like others have said "meeting expectations" is not growing.

SS sees a huge world market, Getty doesnt.

Who do you think will have more growth in the next few years?

Really astute observation Jasmin.  Sounds like Getty/IS has just thrown in the towel.  Very defeatist attitude.  Shutterstock, OTOH, is looking forward to more growth in their market and doing what is necessary to make that happen. 

ETA:  I am certainly not a fangirl of any one site.  I have seen enough over the past several years to know that any one of them has the potential to screw contributors over in the right set of circumstances.  For the moment, the fact that SS and DT are run by their original owners inspires the most confidence.  Who knows what will have happened by this time next year? 
« Last Edit: December 15, 2012, 11:03 by lisafx »


 

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