Note to recruiters

Note to recruiters: We are quite aware that recruiters, interviewers, VCs and other professionals generally perform a Google Search before they interview someone, take a pitch from someone, et cetera. Please keep in mind that not everything put on the Internet must align directly to one's future career and/or one's future product portfolio. Sometimes, people do put things on the Internet just because. Just because. It may be out of their personal interests, which may have nothing to do with their professional interests. Or it may be for some other reason. Recruiters seem to have this wrong-headed notion that if somebody is not signalling their interests in a certain area online, then that means that they are not interested in that area at all. It is worth pointing out that economics pretty much underlies the areas of marketing, strategy, operations and finance. And this blog is about economics. With metta, let us. by all means, be reflective about this whole business of business. Also, see our post on "The Multi-faceted Identity Problem".

Monday, August 12, 2013

TECHNOLOGY: How Jon Oringer became Silicon Alley's first billionaire

Via the BBC:
Jon Oringer, 39, founded 10 companies before he hit on the idea for Shutterstock, the successful stock-photo website that has made him Silicon Alley's first billionaire. 
"I'd failed a whole bunch of times before that and I was willing to fail again," says Mr Oringer of his decision to go into the photography business, something he knew nothing about. 
Now, after a successful stock market debut in October 2012 and with more than 28 million photos, videos and illustrations in its vast database, shares in Mr Oringer's Shutterstock are soaring. 
With an ownership stake estimated at more than 55% of the company, Mr Oringer has become the first billionaire to come out of Silicon Alley - New York's thriving tech sector - with an estimated net wealth of $1.05bn (£682m).
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