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help the country's government expand its information control scheme would be the real act of craven corporate turpitude: "Do we make the majority of our content available to China's 1.3 billion citizens or do we take away their ability to access it entirely? We ultimately believe, consistent with our brand promise, it is more valuable for storytellers to have access to our collection to creatively and impactfully tell their stories." Shutterstock with a bespoke censorship feature was "more empowering" and "will better serve the people of China than the alternative," Oringer continued.
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234:. Funding Shutterstock entirely with his savings, Oringer rented a 600-square-foot office in New York for the company and initially handled all roles himself, including customer service. Like his previous projects he made the photographs available via subscription, with unlimited downloads and a monthly starting fee of US$ 49. He also advertised Shutterstock on platforms such as
258:, which it completed on October 17, 2012. After going public, Oringer continued to own about 55 percent of Shutterstock, largely through the investment company Pixel Holdings. Stock value over the ensuing year increased considerably, and on June 28, 2013, Andre Sequin, an analyst at RBC Capital Market, announced Oringer as the "first billionaire to come out of
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Shutterstock's founder and CEO Jon
Oringer replied to the petition several days later; those hoping for a change of heart were to be disappointed. Shutterstock's pro-censorship compromise with the Chinese government was justified, Oringer argued, because to refuse to do business in China rather than
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Initially hiring friends to serve as models for the stock photos, Oringer later hired a photo director to organize shoots for the company. When demand exceeded his photo supply, he became an agent and hired additional contributors, also hiring a team of reviewers to ensure "editorial consistency and
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since 2012. As a result of going public, in 2013 Oringer was reported to be New York's first tech billionaire. Shutterstock had over 100,000 contributors as of March 2016, with an "active customer base of 1.4 million people in 150 countries." Among other accolades, in 2012 Oringer was named New
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from 1988 to 1992, by the age of fifteen
Oringer was teaching guitar lessons for cash, later moving on to fixing computers out of his parents house when he realized it was more lucrative. Oringer started selling his own software products over the internet when he began attending
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Oringer has been recognized with a number of business awards, and in 2009 he was selected 41st on the
Silicon Alley 100, an annual list of the 100 most influential entrepreneurs, investors, executives, and technologists in Manhattan.
205:, accounting software, cookie blockers, trademark managers," and other small programs. Oringer estimates that he founded about ten small startup companies, most of which had Oringer as the sole employee.
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In
January 2015, Oringer oversaw Shutterstock's acquisition of both Rex Features, Europe's largest independent photo press agency, and PremiumBeat, a stock music and sound effects service.
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While marketing his software through a mailing list, Oringer realized that emails with photos were better received than emails without. Finding it difficult to find affordable generic
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Following
Shutterstock's decision to implement a tool to censor results in China, Oringer defended the company's decision when faced with an employee petition against the system.
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named
Oringer the coolest person in all of New York technology in 2013. Oringer was recognized in June 2012 as New York's Technology Entrepreneur of the Year by
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230:." Oringer went on to take about 100,000 of his own images over six months, eventually posting a culled collection of 30,000 images to a new website he named
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201:. While enrolled at Columbia he continued "trying to create products to complement the pop-up blocker," using a subscription model to sell "personal
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In
February 2020, Oringer announced that he would be stepping down as Shutterstock CEO effective April 2020, and would become executive chairman.
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company headquartered in New York City. Oringer started his career while a college student in the 1990s, when he created "one of the Web's first
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to code "simple games and plug-ins for bulletin board systems." As he grew older he also developed his own photos as a hobby. Attending
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104:(born May 2, 1974) is an American programmer, photographer, and billionaire businessman, best known as the founder and CEO of
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In 2020, Oringer paid $ 42 million for a Miami Beach mansion, marking a record on North Bay Road.
262:- New York's thriving tech sector." His net wealth at the time was estimated at US$ 1.05 billion.
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camera to take pictures for a new stock-photo marketplace that catered to advertisers and "
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and mathematics in 1997, from 1996 to 1998 he studied computer science at
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556:"How Shutterstock Is Training Its System to Help You Find Better Photos"
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706:"The Life And Times Of Jon Oringer, Silicon Alley's First Billionaire"
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In May 2012, Oringer brought
Shutterstock public after filing for an
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1030:"Shutterstock founder and CEO Jon Oringer steps down after 16 years"
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861:"The Tao of Shutterstock: What Makes a Stock Photo a Stock Photo?"
390:"Silicon Alley's First Billionaire Aims To Dominate Images On Web"
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633:"Shutterstock beats Getty, partners with Variety, WWD publisher"
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820:"How the first Silicon Alley billionaire launched Shutterstock"
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1006:"In China, Shutterstock Censors Hong Kong and Other Searches"
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Columbia
University School of Engineering and Applied Science
789:"Jon Oringer of Shutterstock, on the Power of the Hackathon"
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in 1993, inventing and selling thousands of copies of what
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462:"How Jon Oringer became Silicon Alley's first billionaire"
310:, and the following year Oringer was recognized as one of
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Columbia School of Engineering and Applied Science alumni
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1085:" "SA 100 2013: The Coolest People In New York Tech"
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964:Shutterstock Acquires Rex Features And PremiumBeat
942:"How Shutterstock Used Data to Cut Staff Commutes"
414:"Jonathan Oringer 2016 Billionaires List: Dropoff"
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158:, where he spent his childhood. He began learning
120:that used a subscription method to sell "personal
127:In 2003, Oringer founded Shutterstock to provide
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1135:"Jon Oringer Buys Miami Beach Mansion For $ 42M"
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837:"Small Business: How to Beat a Goliath"
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818:Lytton-Dickie, Tom (June 12, 2014).
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460:Gittleson, Kim (August 12, 2013).
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1055:Oringer, Jon (December 9, 2009).
722:Oringer, Jon (January 12, 2016).
535:. Associated Press. March 9, 2016
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1004:Biddle, Sam (November 6, 2019).
668:de Jong, David (June 28, 2013).
631:Flamm, Matthew (June 22, 2015).
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162:in elementary school, using his
154:Jon Oringer was born in 1974 in
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704:Milord, Joseph (July 3, 2013).
554:Zipkin, Nina (March 10, 2016).
222:online, in 2003 he purchased a
913:Kalikoff, Eva (May 20, 2014).
859:Garber, Megan (May 18, 2012).
787:Bryant, Adam (June 20, 2013).
1:
1416:People from Greenwich Village
1401:Stony Brook University alumni
511:"Form S-1, Shutterstock, Inc"
338:
1391:Scarsdale High School alumni
1112:"Shutterstock About Us Page"
822:. Hot Topics. Archived from
611:"40 under 40: Class of 2013"
7:
1168:September 30, 2017, at the
1139:The Real Deal South Florida
316:class of 2013 40 Under 40.
185:." After graduating with a
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1421:21st-century American Jews
1381:20th-century American Jews
724:"Jon Oringer, Businessman"
1411:American company founders
1406:American chief executives
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494:February 2, 2014, at the
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1306:Penske Media Corporation
962:By Frederic Lardinois. "
150:Early life and education
708:. Elite Daily Magazine.
513:. SEC.gov. May 14, 2012
256:New York Stock Exchange
252:initial public offering
133:New York Stock Exchange
1114:. www.shutterstock.com
674:Bloomberg Businessweek
295:Awards and recognition
245:
228:microstock photography
173:Stony Brook University
129:microstock photography
69:Stony Brook University
1386:American billionaires
1320:Shutterstock for iPad
1062:Silicon Alley Insider
846:July 2, 2010, at the
826:on February 10, 2015.
758:"Jon Oringer Profile"
280:Empire State Building
214:Founding Shutterstock
197:, graduating with an
168:Scarsdale High School
842:, February 2, 2009
160:computer programming
16:American businessman
1361:Stock photographers
1036:. February 13, 2020
983:"Website and about"
972:, January 15, 2015.
266:Recent developments
195:Columbia University
156:Scarsdale, New York
73:Columbia University
57:Scarsdale, New York
25:Jonathan E. Oringer
920:Columbia Spectator
794:The New York Times
617:on March 27, 2015.
596:on April 16, 2015.
398:, October 28, 2013
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985:. premiumbeat.com
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1142:. Retrieved
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866:The Atlantic
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220:stock photos
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84:Shutterstock
18:
1376:1974 births
1285:Splash News
1281:Rocketstock
1275:PremiumBeat
1220:Jon Oringer
1144:October 30,
1057:"Number 41"
676:. Bloomberg
276:Wall Street
224:Canon Rebel
110:stock media
102:Jon Oringer
50:May 2, 1974
1355:Categories
1223:(founder,
1034:TechCrunch
969:TechCrunch
840:SmartMoney
339:References
242:quality."
46:1974-05-02
1294:Alliances
1040:April 17,
680:April 16,
330:Manhattan
324:Based in
203:firewalls
164:Apple IIe
122:firewalls
65:Education
1315:See also
1258:Bigstock
1254:BEImages
1235:(former
1166:Archived
1118:June 24,
1096:June 24,
1068:June 24,
989:June 24,
926:June 24,
898:June 24,
872:June 15,
844:Archived
800:June 24,
767:June 24,
762:LinkedIn
735:June 24,
644:June 15,
567:June 15,
539:June 15,
517:June 15,
492:Archived
468:June 24,
426:June 24,
118:startups
892:Inc.com
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