Needless to say, I was pretty bummed when my MacBook harddrive failed and I found out TimeMachine had failed to backup my unpublished photos in Aperture. Since everything involved came from Cupertino, Apple deserved at least a letter asking for a hand.
Taking a page from Consumerist, I looked up the executive responsible for applications and sent him a polite snail-mail letter detailing the situation and how the undisclosed limitation had impacted me. Since two Apple applications were at fault, I asked for a $328 refund of their combined price.
The biggest photo news of the week isn’t another new DSLR camera, but the announcement of Getty to License Flickr Images. It’s been getting lots of coverage in photography blogs, but I’d like to throw in my own thoughts as a photographer and member of both Flickr and Getty’s iStockPhoto site.
Netflix is one of the few annual reports I bother to read as an investor. Last year’s has some interesting bits.
Mark Cuban makes an interesting argument in My 2 Cents on CEO Pay: pay CEOs entirely in cash, making their salaries just as transparent and and subject to cash-crunch cuts as regular employees’. As an employee and shareholder, I’m all for more transparency and efficiency throughout the ranks.
It also prompted me to look at how much of Icon’s executive compensation is cash and stock. The Exectuive Compensation section under our last SEC filing reveals 4-5% share compensation for the chairman and CEO, and 18% for the CFO. Those numbers seem low, but they’re probably options priced at one half to one quarter of the stock’s current value (based on those same executives’ currently outstanding options).
Curiously, we peons have no company-endorsed way to buy stock, even with our own money. I picked some up anyway, but I guess I’ll have to keep climbing the corporate ladder to get in on the options game.
I sold another photo print today! It’s the first to come through my Gallery2 & PayPal ordering system. There’s a certain thrill to seeing a PayPal receipt in your inbox that represents income for your own business. The photo is actually an older one from a park near my brother’s home in Blacksburg, Virginia.