Category Archives: transaction

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10 Questions to a CEO : PixelRights

The greatest challenge facing photography online is the complete lack of persistent attribution. While sharing of visual content has exploded, with companies like Pinterest taking advantage of it while building multi-million dollar businesses, no one, whether amateur or professional, is given credit . Of the billions of images being shared today, the vast majority will live a life of anonymous orphans, forever separated from its original creator. Beyond its obvious disregard to original creation, it is an issue affecting hundreds of thousands of photographers worldwide whose only…

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10 Questions for a founder : Picalike

We shop with our eyes. Whether buying fruits at the supermarket or a car, looking for a new pair of shoes or a hotel to stay, it is our vision that ultimately makes the final decision. It is no surprise then that visual tech is an emerging force in the retail e-commerce $1.9 trillion worldwide market.  Built on the latest advances of deep learning,  startups are offering ingenious solutions that empower online retailers to dramatically increase their sales. Germany-based Picalike, founder in 2010, is one of them. We…

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Data driven stock photography

While there has never been so many photos taken and shared online, the world of professional photo licensing is not striving. In fact, most legacy companies have seen their revenue freeze or decline in the last decade, with rare exceptions.  While at first contradictory, a closer analysis reveals that part of the issue seems to be linked to antiquated business model that are ill-fitted to our all digital, mobile world. The few companies in this space that continue to grow, and some as much as 40%…

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Adding the “buy” in photos

This week will go down in the history of the photo tech space ( if such a history is ever written) as a milestone. While predictably anticipated by even the laziest followers, both Instagram and Pinterest  announced the addition of a “buy” button next to images. The latter has gone a step further, as it made it live for iOS devices with web and Android in the pipeline. Why a milestone? Because ever since both platforms grabbed our attention by gathering massive active users (…

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10 questions for a founder : Thinglink

While Thinglink might not be a brand new company, it certainly behaves like one. Unable to leave well enough alone, it keeps on finding new ways and new places to allow the creation and posting of rich media interactive visuals. While in a  challenging segment – most similar companies pivoted or shut down – it seems to be thriving on its own path and growth. We caught up with ceo and founder Ulla Engeström just as the company released a new Shopify extension. – In…

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LDV Vision Summit

LDV VISION SUMMIT, DAY 2, OVERVIEW

Different day, different crowd : If day 1 of the LDV Vision Summit was all about science, research and data ( massive amounts of data), Day 2 opened the doors to more practical applications of visual tech, mostly around revenue. In other words, how companies are using the discoveries of researchers to extract value, information and monetary rewards. As in the previous day, panels were a flowing mix of individual presentations and group discussions. Here are some elements of day 2 which particularly caught our attention. Opening…

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Photo by Kevin Law https://www.flickr.com/photos/kevinlawhk/

10 Questions to a founder : ViSenze

According to a study made in the UK,  40%  of people  under 35s said they have used their mobile device to take a picture of a specific item on the street to buy once they get home.  By answering two questions – what is in the image and where can I buy it- Singapore-based ViSenze, a spin-off company of the National University of Singapore,  wants to add value to the results. While not the only company trailblazing in that space, it is certainly one of the…

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Adobe’s golden opportunities

The recent news of Adobe’s acquisition of microstock company Fotolia has sent ripples throughout the photo licensing world. The software company purchased the 11-year old company operating in 23 countries in 14 different languages for $800 million in cash,  in return for 34 million images. While the public announcement clearly aimed at integrating it into its Creative Cloud solution boasting 3.4 million subscribers, there is much more that Adobe can do with it. Adobe is best known for its hugely popular Photoshop product and its directly…

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The LDV Vision Summit is returning. Here is why

We sat down with investor and creator of the LDV Vision Summit Evan Nisselson, so he could tell us more about the upcoming 2015 edition of the Summit, as well as his thoughts about the visual web. What worked well last year ? Last year, we organized the first LDV Vision Summit. It was the first time that an event combined all the important aspects of technology and business across the visual technology ecosystem.  This visual ecosystem includes any individual or business that works with images…

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Shutterstock buys Rex for $33 Million

North America woke up with the news that golden boy photo agency Shutterstock acquired no less than 2 companies in what seems as one swoop. One, in the music category, the other, in the photo licensing world. Obviously it is the latter that interests us here. Shutterstock’s announcement that it has acquired 60 years old UK base photo agency Rex Features for $33 million is certainly good news for Rex ( at least, their share holders) but not so much for Shutterstock. And here’s why: Rex is…

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