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Shutterstock Photographer Forum Forum Index : General Shutterstock Submit Discussion :
A Raise (News soon)
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propjockey


Joined: 07 Jul 2006
Posts: 302
Location: Elizabethtown, Kentucky
Post Posted: Wed Apr 04, 2007 9:15 pm     Reply with quote

Thanks for the great communication, Jon. I'm glad to be a part of this wonderful community!

Dave
tdoes


Joined: 02 Feb 2006
Posts: 364
Post Posted: Wed Apr 04, 2007 9:21 pm     Reply with quote

Thank you!
gualberto


Joined: 30 Mar 2006
Posts: 1968
Location: Panama, Central America
Post Posted: Wed Apr 04, 2007 9:24 pm     Reply with quote

Wondeful News! Thanks Jon and everyone at SS.
felixcasio


Joined: 16 Jul 2006
Posts: 521
Location: Location: Location:
Post Posted: Wed Apr 04, 2007 9:32 pm     Reply with quote

Thats awesome,Hope it will exceed the cost of living increase i have to deal with.
adammson


Joined: 16 Nov 2005
Posts: 150
Location: San Francisco, CA
Post Posted: Wed Apr 04, 2007 9:37 pm     Reply with quote

Thanks Jon! Can't wait to read your announcement.
podius


Joined: 29 Apr 2006
Posts: 298
Post Posted: Wed Apr 04, 2007 9:38 pm     Reply with quote

A raise would be a nice little boost. As it is SS is already my best money maker.
kurhan


Joined: 14 Nov 2005
Posts: 332
Post Posted: Wed Apr 04, 2007 9:38 pm     Reply with quote

Nice message. Thanks!
kourafas5


Joined: 12 Jul 2006
Posts: 1899
Location: South Shore area,Ma
Post Posted: Wed Apr 04, 2007 9:41 pm     Reply with quote

Thank you..for everything. :)
mrslevite


Joined: 10 Jul 2006
Posts: 2860
Location: Dover, DE
Post Posted: Wed Apr 04, 2007 9:42 pm     Reply with quote

kurhan wrote:
Nice message. Thanks!
Yes, very nice message. ;)
hixson


Joined: 03 Aug 2005
Posts: 228
Location: Pennsylvania
Post Posted: Wed Apr 04, 2007 9:44 pm     Reply with quote

Thanks for the update. Thanks for everything
Paul_Lewis


Joined: 07 Mar 2005
Posts: 3645
Location: Waterford, MI (Detroit)
Post Posted: Wed Apr 04, 2007 9:53 pm     Reply with quote

shutterstock wrote:
Hey guys.. we're crunching the numbers


I've been here a couple years now Jon, and I always appreciate both the honesty when you post, and the hard work behind the scenes. You took a simple idea and turned it into a goldmine for everyone involved -- including the clients I work with who could never afford the "original" Internet big players. Besides, our stuff is better anyway, in my opinion :)

Thanks for all you do. And thanks to those 25+ employees who are always in and out of the forums answering the same questions over and over, and for all the employees and associates (RINDER) who also review. I would never second guess Laurin, nor any other reviewer. They're taught to look for things I don't yet see.

Before I ramble (too late?), I would just say thanks, and good job. Whatever the model comes up with for a raise, I already know it will be fair not just to make up for inflation and the cost of living, but also for the success of SS, and the expected expense of continued, hard-hitting marketing like you've been doing.

It might not be said often enough, but your efforts, and your team's efforts, are appreciated by so many of us.

Thanks for all you do.

Gary
rolffimages


Joined: 20 Jul 2005
Posts: 513
Location: Dark side of the earth
Post Posted: Wed Apr 04, 2007 9:55 pm     Reply with quote

Thanks!

:)
richardlpaul


Joined: 04 Nov 2006
Posts: 4
Post Posted: Wed Apr 04, 2007 9:56 pm     Reply with quote

That's one of the most honest, open messages from a CEO I've ever read.

Thanks from all of us!!
mikeledray


Joined: 14 Nov 2004
Posts: 5657
Location: Southern California
Post Posted: Wed Apr 04, 2007 9:56 pm     Reply with quote

shutterstock wrote:
Hey guys.. we're crunching the numbers, and will have an answer to you by the end of April on the pay raise.

Shutterstock is a computationally complex model.. And we're running all the numbers now. We should have a good feel for what the $199 price point does to our sales in the next couple of weeks. At that time, we will announce the raise. As you know - we take risk. If somebody comes in and downloads all of the photos allotted to them, we are net negative.

When I started Shutterstock, I made sure we would have the marketing dollars built into the buyer/download equation. This math has gotten a bit more complicated since day 1. We now have enhanced licenses, cd burns, 25 employees, 5500sqft of office space in Manhattan (between our 2 offices), a huge marketing budget, 130 servers, 2 data centers, and 55,000 wonderful photographers.

Remember - nothing out there like Shutterstock exists. When other risk-less models want to raise prices, they can give you a raise right away. We have to model it out - and make sure there is room for everything in the end. Please give us the next couple of weeks to do our job, and we'll be back at the end of April with news.

Thanks again

Jon Oringer, Founder/CEO
Shutterstock Inc.


Fantastic News Jon
Being Photographer 426 I am Truly Proud to be part of the Shutterstock Team and Community
Looking forward to Many More Years of Great Stock Sales and Adventures!
Mike Ledray
mavrick


Joined: 20 Dec 2005
Posts: 1141
Location: colorado
Post Posted: Wed Apr 04, 2007 10:02 pm     Reply with quote

Awesome!!
BZ to all SS Staff!
 
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