Jon Oringer
Jon Oringer
Jon Oringer is an American programmer, photographer, and business executive best known as the founder and CEO of Shutterstock, a stock media and editing tools provider headquartered in New York City. Oringer started his career while a college student in the 1990s, when he invented "one of the Web’s first pop-up blockers." He went on to found about ten small startups that used a subscription method to sell "personal firewalls, accounting software, cookie blockers, trademark managers," and other small programs...
NationalityAmerican
ProfessionBusinessman
Date of Birth2 May 1974
CountryUnited States of America
The best thing is to go public only when you're absolutely sure that's the right move for the company. And in order to make sure that is the case, you need to have as much control over the company as possible, which means not giving up control early on.
There's tonnes of room for more people in the tech market, and there are lots of content gaps that have still not yet been tapped into.
On average, an e-commerce client who evolves into a premier enterprise client increases their annual spend by 10 times in that first year.
It turned out it was really easy to create commercial stock footage.
Evolution has been the key tenet of success over the past 13 years, and we have transformed from a single subscription e-commerce image business into a company with a diversified portfolio of content offerings, servicing the needs of businesses of all types and sizes globally.
At around 50 employees, you get to the point where you can't see what's going on all the time. So you start to have weekly check-ins, and you have days that go by without knowing exactly what's going on.
As we continue to grow, the question is, how do you keep the company as innovative as it was 15 employees ago?
You can't be afraid of the problem. Don't be afraid of failure; don't be afraid to make mistakes. Make sure you learn from each step; iterate, and stay as efficient as possible without being paralyzed by a difficult situation.
All businesses need images to sell their products and services.
The growing demand for content across our platform delivers bigger payouts to our contributor base and encourages them to upload fresh content to Shutterstock, further facilitating the network effect of our business.
I think that initial independence is very important; that's what being an entrepreneur is all about.