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Author Topic: Become a Shutterstock shareholder  (Read 596 times)

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« on: June 12, 2020, 02:18 »
+3
A very naive little question, no doubt. We are thousands of contributors, how many Shutterstock shares would we need to weigh in on the company's decisions?... No doubt there are specialists in this forum who will explain to me why this suggestion is really naive, but hey, you can always dream  :)


« Reply #1 on: June 12, 2020, 03:53 »
+2
A very naive little question, no doubt. We are thousands of contributors, how many Shutterstock shares would we need to weigh in on the company's decisions?... No doubt there are specialists in this forum who will explain to me why this suggestion is really naive, but hey, you can always dream  :)

Yes, all you have to do is convince 258,000 contributors to put in $1,000 each, and you would have a minority interest (20% of the company). No real power, but you may be asked to weigh in on certain decisions.

For real power, 50%+ of the company, just put in $2,500 each and the rest is history. Of course, the share price would skyrocket if you bought that all at once, so it would take a very long time with the current low volume, and measures would be put in place to protect the company.

Best of luck with that, and let us know how it works out! :)

« Reply #2 on: June 12, 2020, 03:53 »
+4
1. As shareholder you don't get to influence day-to-day business directly, no matter how big your share. What you can do is influence the hiring of top management, i.e. if your influence is big enough, you can get the CEO fired...

2. To get at least some influence (i.e. people start listening to you) you might need a few percent ownership, let's say 5%.

3. There are roughly 36 million Shutterstock shares issued, current share price around $36.

No do the math...

« Reply #3 on: June 14, 2020, 08:04 »
+1
while also in theory a good idea -

a) it would be cheaper to start your own company
b) getting 1000's of contributors to agree on something would probably be a challenge in itself. so again, cheaper to start your own company.

« Reply #4 on: June 14, 2020, 08:24 »
+1
What might work is if somebody in the stock community also knew a company that would be a good fit and might buy SS. There is a lot to like about the buyer interface, the apps etc...

Somebody new who comes in, kicks out the current managers and has a larger vision. Or can integrate it into other media projects,maybe a large software producer etc...



 

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