A Quote by Noreena Hertz

Back in the 1970s, Kodak tried to give $25m to a black civil rights organisation in Rochester, New York. The company's shareholders rose up in arms: making this politically charged offering wasn't the reason they had entrusted Kodak with their money. The donation was withdrawn.

Noreena Hertz

Quote Topics

Arms Back Black Charged Civil Civil Rights Company Donation Entrusted Give Had Kodak Making Money New New York Offering Organisation Politically Reason Rights Rochester Rose Shareholders Tried Up York

Quote Author

Noreena Hertz
English - Author
Born: September 24, 1967

Did you know that Kodak actually invented the digital camera that ultimately put it out of business? Kodak had the patents and a head start, but ignored all that.

Peter Diamandis

The man at Kodak told me the shots were very good and if I kept it up, they would give me an exhibition. Later, Kodak gave me my first exhibition.

Gordon Parks

Philologically, the word Kodak is as meaningless as a child's first goo. Terse, abrupt to the point of rudeness, literally bitten off by firm and unyielding consonants at both ends, it snaps like a camera shutter in your face. What more would one ask. (Explaining why he named his company Kodak.)

George Eastman

In the space of less than seven days, I attended a track meet in Boston, flew from there to Bowling Green for the National Jaycees, then to Rochester for the blind, Buffalo for another track meet, New York to shoot a film called The Black Athlete, Miami for Ford Motor Company, back up to New York for 45 minutes to deliver a speech, then into L. A. for another the same night.

Jesse Owens

When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

Charlie Munger

Here’s a current example of the challenge we face. At the height of its power, the photography company Kodak employed more than 140,000 people and was worth $28 billion. They even invented the first digital camera. But today Kodak is bankrupt, and the new face of digital photography has become Instagram. When Instagram was sold to Facebook for a billion dollars in 2012, it employed only thirteen people. Where did all those jobs disappear to? And what happened to the wealth that all those middle-class jobs created?

Jaron Lanier

We were shooting at the Kodak Theatre and to see my production company's clap board in front of Sylvester Stallone was overwhelming, I had to pinch myself. It was a magical moment. It was a different high.

Sajid Nadiadwala

In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation and then fund it with my money.

Ricardo Salinas Pliego

I grew up in Rochester, New York, where we had the North American Soccer League. Rochester were at the time the worst team in the whole league, but week in week out I was there to support my team.

Joel Glazer

I think, especially among the New York intelligentsia at that time, that there was a reason Bob Dylan went to New York to happen, because there was a culture developed there around the ideas of civil rights, around the idea of democracy growing out of Emerson and Thoreau, these ideas of the fanfare for the common man.

T Bone Burnett

I listen to Migos. I listen to Drake a lot. Also 21 Savage, Kodak Black, XXXTentacion.

Ozuna

If the Rev. Martin Luther King Jr.'s civil rights movement made demands that altered the course of American lives and backed up those demands with the willingness to give up your life in service of your civil rights, with Black Lives Matter, a more internalized change is being asked for: recognition.

Claudia Rankine

I just like Kodak Black. I feel like he's pretty self-aware, even if I don't agree with all the things he says.

Vic Mensa

We moved to Brooklyn when I was about 9 or 10, and from Brooklyn we moved to Rochester in New York. I went to high school in Rochester in New York.

Winston Duke

Shareholders are sort of like cats; they get herded around, and they follow the leader. With the exception of a few activist shareholders, there are a very rare number of big, important, influential shareholders that like to step up and say there's a problem here, especially when they're making money.