MicrostockGroup

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - farhad

Pages: [1]

Shutterstock.com / Re: Crisis at shutterstock

« on: June 01, 2009, 21:04 »

YES we all know paying taxes is a pain and a reality.
YES we know it's the IRS how is demanding these taxes
YES some SS contributors could have been more professional
YES Jon/SS handled this in a textbook 101 WRONG way

But the bottom line is, Jon/SS handled this entire taxation in a most mediocre way. Lack of foresight and maturity. I earn good money from the stock sites and would like to see this continue on a long term basis.

Was Jon's actions really good long-term for SS? Try putting yourseif in a board of director's shoes when thinking about long term investments. He's not a very capable CEO if he likes going into tantrum mode when things are not smooth sailing.

Shutterstock.com / Re: Crisis at shutterstock

« on: June 01, 2009, 13:19 »

gbalex: i hope you realize by now paying taxes is a reality and a given. the issue is Jon/SS' mediocre handling of the situation.

Shutterstock.com / Re: Crisis at shutterstock

« on: June 01, 2009, 13:11 »

"Is setting up a foreign office really worth while to appease some contributors? Is that why other micros set up foreign offices? I doubt it." <- Zeus, you're missing the point. Setting up foreign offices provides other benefits like lower taxes, possible local grants, etc. Appeased contributors is loooooow on the list. Foresight....higher.

Shutterstock.com / Re: Crisis at shutterstock

« on: June 01, 2009, 12:38 »

Jon's (1st version) tantrum post of threats to remove ports as well as 'this is how a business is run' .....kiiiiinda got a lot of us thinking of how capable he is as a CEO.

The issue is not that we have to fill out a W8-BEN form. The issue is: does Jon have the maturity or mental capacity to steer/maintain SS to be number one?

There's a good reason why all the big boys (and other stock sites for that matter) set up regional offices outside of the US. And from his posts, it seems he totally missed that from the beginning. Launching the news of IRS Taxation without fully understanding how it works also doesn't shine well on SS/him.

What happens when SS faces another tricky or tough situation? Can he calmly handle it or go into verbal diarrhea mode and alienate his source of income?

Now, yes, he is only human. Try using that in front of a board of directors. As a proper CEO, you're supposed to think/act at a much higher level. Not like a guy who got lucky and accidentally tripped into the role of one.

He just made other stock sites and their CEOs a lot cooler.

Pages: [1]