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Upwork:Quarterly Results/2023 Q1: Difference between revisions
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=== Fee Structure Change === | === Fee Structure Change === | ||
* Take rate expansion is at the same level as last year. | * Take rate expansion in 2023 is expected to be at the same level as last year. | ||
* Hayden Brown said that by the time freelancers reach the 5% talent fee, their relationships would have probably reached a natural endpoint. | * Hayden Brown said that by the time freelancers reach the 5% talent fee, their relationships would have probably reached a natural endpoint. | ||
* Hayden said that their data going back to 2016 indicates that the 10% flat fee will drive more demand in the platform, hence the new fee structure is a positive change for the platform in the long-term. | * Hayden said that their data going back to 2016 indicates that the 10% flat fee will drive more demand in the platform, hence the new fee structure is a positive change for the platform in the long-term. | ||