By Gemma Morris, Sky News Reporter
The entrepreneur who became New York's first tech billionaire says he is concerned about his industry's future - because of a lack of talent.
"There aren't enough people out there that are becoming experts in technology as technology moves," Jon Oringer, the founder and CEO of stock photo and video site Shutterstock, told Sky News.
"There are more problems than we have people solving today. People just need to learn how to code."
Mr Oringer, 40, started Shutterstock in 2003 after spotting a gap in the market for inexpensive stock photos that businesses could use on their websites and in marketing material.
Entirely self-funded, he bought a camera, spent a year taking 30,000 pictures of anything and everything in his day-to-day life, and sold them at a lower cost than stock photography companies.
While in the UK to visit Shutterstock's offices in London, Mr Oringer urged budding entrepreneurs to remain financially independent and avoid looking for investment to get their ideas off the ground.
"I think that initial independence is very important, that's what being an entrepreneur is all about," he said.
"If you rely on that (investment) from the beginning, that crutch will change the direction of the business."
In 2013, 10 years after setting up Shutterstock by himself from his one-bedroom flat in New York, he became a billionaire.
The site now has more than 30 million photos, 40,000 contributors and 2012 revenues of $170m (£108m).
In the UK, Chancellor George Osborne recently vowed to crackdown on multinational technology firms that do not pay their fair share of tax in Britain.
When asked about tax loopholes used by some other companies, Mr Oringer said: "I think what governments should do is make it as easy as possible for companies to interpret these laws.
"It's a complicated issue no matter what."
Shutterstock was Mr Oringer's 11th start-up company.
Continuing his call for more people to learn the language of computers, Mr Oringer said: "There's so many opportunities for people to use what's going on on the internet to create businesses and there aren't enough people today to take advantage of all of those.
"If people want to code and they want to be entrepreneurs there's opportunities for them to do that."
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