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Author Topic: Oringer on appeasing investors  (Read 8256 times)

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Shelma1

« on: July 10, 2016, 05:34 »
+1
"because I didnt have investors in those early days that I had to listen to or appease, I was able to build the company faster"

Closing in on a million images added per week.

http://www.theepochtimes.com/n3/2107180-turning-a-camera-into-a-billion-dollar-business/


« Reply #1 on: July 10, 2016, 05:47 »
+6
I have made more with Canva so far this month than Shutterstock.  90 million images might be good for buyers but the earnings dilution for contributors isn't good.

« Reply #2 on: July 10, 2016, 06:00 »
+8
He could also say:
"Because I have investors in these late days and I have to listen to or appease them, I am able to make the company fail faster"

« Reply #3 on: July 10, 2016, 06:17 »
+1
Thanks for posting I do admire what hes done but I think SS is not quite as good as it was....software increasingly flaky and content diluted by poor qa. The competition thugh is mediocre at best It would be interesting to hear what buyers think.

« Reply #4 on: July 10, 2016, 10:50 »
+5
Thanks for posting I do admire what hes done but I think SS is not quite as good as it was....software increasingly flaky and content diluted by poor qa. The competition thugh is mediocre at best It would be interesting to hear what buyers think.

repeat with 100 marks ...
The competition thugh is mediocre at best

that is the persisting reason why the flakes can keep their jobs at the new HO playing pingpong
and slacking off letting the only intelligent thing in the bldg (ie. computer program) do their work .
with no competition , there is monopoly like everything in business, and the service suffers till it's totally f*****up. but there is nowhere else to go for that service
because like politics, the next better choice is even more f****up.

until we see a new site that can match ss marketing , level playing field earnings for all,
consistent payout monthly for most of us,etc...

we won't see any improvement to go back to the ss we all chose to contribute
to make it what it is today.
as what if ss shares hit the ceiling and the vultures take profit to send it down the sh*thole
like BriX to be worthless??? i don't think any major shareholders give a hoot
where ss will be tomorrow, after they take profit and move to another carcass to bleed.

« Reply #5 on: July 10, 2016, 11:19 »
+2
SS will follow the classic parabolic trajectory. 

« Reply #6 on: July 10, 2016, 11:47 »
+12
Thanks for posting that link. Always interesting to hear the stories people like to spin about themselves :)

A week ago I saw this story about SS getting added to the S&P SmallCap 600. I can only imagine that increases the pressure on them to keep investors happy

http://www.fool.com/investing/2016/06/30/why-starz-schnitzer-steel-industries-and-shutterst.aspx

I found this quote interesting:

We have always distinguished ourselves by providing the highest quality content, best search experience, and simplest pricing structure. It all adds up to superior value for the customer, he said.

It's revisionist history. At the beginning (at least when I came upon SS in late 2004) the library was rubbish by and large. Search was functional but nothing special. Simplest pricing was true. At the very beginning subscriptions were unlimited downloads, but that changed pretty quickly to 25 a day

Even in 2004 SS didn't accept everything - Jon didn't want more beaches and sunsets - so there certainly were rejections even then, but  they were after growth more than "highest quality", so a lot of stuff got accepted. After they had a large enough collection, they did start being more selective, and for a while, they really hit a sweet spot. Great images, large selection and search really did become very good.

The fact that they had such awful spam is something search can't entirely mask. Even today, they're not doing anything about keyword spam (or nothing like enough) Do a search for beautiful woman sorted by new and see vector rings and T shirts, bags of oranges with a hand visible, a background of bangles and beads without a body part in sight. And that is for decent images; there's always the mountains of image spam that they're trashing the collection with in some lunatic race to 100 million images.

Another interesting observation was that only 10 percent of revenue comes from video and music combined. We'll get the latest quarter's results on August 4th, so perhaps that will provide an update, but given how much more expensive video is than images/illustrations, the volume must still be pretty low.

Rinderart

« Reply #7 on: July 10, 2016, 19:40 »
0

« Reply #8 on: July 12, 2016, 03:07 »
+1
Thanks for posting I do admire what hes done but I think SS is not quite as good as it was....software increasingly flaky and content diluted by poor qa. The competition thugh is mediocre at best It would be interesting to hear what buyers think.

repeat with 100 marks ...
The competition thugh is mediocre at best

that is the persisting reason why the flakes can keep their jobs at the new HO playing pingpong
and slacking off letting the only intelligent thing in the bldg (ie. computer program) do their work .
with no competition , there is monopoly like everything in business, and the service suffers till it's totally f*****up. but there is nowhere else to go for that service
because like politics, the next better choice is even more f****up.

until we see a new site that can match ss marketing , level playing field earnings for all,
consistent payout monthly for most of us,etc...

we won't see any improvement to go back to the ss we all chose to contribute
to make it what it is today.
as what if ss shares hit the ceiling and the vultures take profit to send it down the sh*thole
like BriX to be worthless??? i don't think any major shareholders give a hoot
where ss will be tomorrow, after they take profit and move to another carcass to bleed.

AMEN to all said!

« Reply #9 on: July 12, 2016, 11:24 »
+1
Thanks for posting I do admire what hes done but I think SS is not quite as good as it was....software increasingly flaky and content diluted by poor qa. The competition thugh is mediocre at best It would be interesting to hear what buyers think.

repeat with 100 marks ...
The competition thugh is mediocre at best

that is the persisting reason why the flakes can keep their jobs at the new HO playing pingpong
and slacking off letting the only intelligent thing in the bldg (ie. computer program) do their work .
with no competition , there is monopoly like everything in business, and the service suffers till it's totally f*****up. but there is nowhere else to go for that service
because like politics, the next better choice is even more f****up.

until we see a new site that can match ss marketing , level playing field earnings for all,
consistent payout monthly for most of us,etc...

we won't see any improvement to go back to the ss we all chose to contribute
to make it what it is today.
as what if ss shares hit the ceiling and the vultures take profit to send it down the sh*thole
like BriX to be worthless??? i don't think any major shareholders give a hoot
where ss will be tomorrow, after they take profit and move to another carcass to bleed.

AMEN to all said!

yes, you see the surge in ss stocks right now???
someone is in sight to make a quick kill after creating an unrealistic perception that
ss stock is a good buy when in fact it is overprice
based on their persistent IT problem, glitch-ridden performance and contributors dissatisfaction ...

you too would want to be in a position for a profit taking after
the gullible people sweep in to buy
and you quickly sell off to get . out.

« Reply #10 on: July 12, 2016, 17:15 »
0

yes, you see the surge in ss stocks right now???
someone is in sight to make a quick kill after creating an unrealistic perception that
ss stock is a good buy when in fact it is overprice
based on their persistent IT problem, glitch-ridden performance and contributors dissatisfaction ...

you too would want to be in a position for a profit taking after
the gullible people sweep in to buy
and you quickly sell off to get . out.

Short the stock:)

« Reply #11 on: July 13, 2016, 12:35 »
0

yes, you see the surge in ss stocks right now???
someone is in sight to make a quick kill after creating an unrealistic perception that
ss stock is a good buy when in fact it is overprice
based on their persistent IT problem, glitch-ridden performance and contributors dissatisfaction ...

you too would want to be in a position for a profit taking after
the gullible people sweep in to buy
and you quickly sell off to get . out.

Short the stock:)

definitely Elenathewise, your name says it all  ;)

i had 750% gain (bri-x) , i said, hold it one more week when i come home from Boston...
the next week i came home, my wife told me it was then worth pennies!


 

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