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Investment Ideas: Difference between revisions
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== Upwork == | == Upwork == | ||
''Main article: [[Upwork]]'' | |||
''See also: [[Jobs posted on Upwork Platform]]'' | |||
Upwork is a leading freelance marketplace. It was founded in 2013 through a merger between ODesk and Elance. Unlike our other investments, Upwork’s founders are no longer with the company. However, its top executives, such as the chairman of the board, Thomas Layton, and the CEO, Hayden Brown, have been with the company for over 10 years. | Upwork is a leading freelance marketplace. It was founded in 2013 through a merger between ODesk and Elance. Unlike our other investments, Upwork’s founders are no longer with the company. However, its top executives, such as the chairman of the board, Thomas Layton, and the CEO, Hayden Brown, have been with the company for over 10 years. | ||
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Our major concern with Upwork is its internal problems. During the third quarter of 2022, the company failed to achieve its client-signup target due to email issues. Additionally, there has been a rise in transaction losses. If Upwork addresses these issues as promised, it will continue seeing strong positive growth. | Our major concern with Upwork is its internal problems. During the third quarter of 2022, the company failed to achieve its client-signup target due to email issues. Additionally, there has been a rise in transaction losses. If Upwork addresses these issues as promised, it will continue seeing strong positive growth. | ||