Shutterstock Contracts

Last May, Shutterstock, Inc. filed a Form S-1 Registration Statement with the U.S. Securities and Exchange Commission. You can find the Shutterstock Inc. contracts from the filing on our website.

In their S-1 statement, I noticed that company listed the use of “open source” software as a risk factor. The company explained that “[s]uch open source licenses typically require that source code subject to the license be made available to the public and that any modifications or derivative works to open source software continue to be licensed under open source licenses.”

If you use “open source” software in your business, keep this risk factor in mind.