OP is banned, boyo (ded fkn srs)

Due diligence for Fiverr


FVRR - 320.04


Market Cap: 11 billion



52-wk high 336.00
52-wk low 20.42


Fiverr is an online freelance marketplace where buyers and sellers can exchange digital services for as little as $5.


Fiverr's Q3 2020 results recorded 88% YoY revenue growth, spurred by growth in it's active buyer base (3.1 million buyers in 2020 - 30% YoY growth). COVID19 obviously helped, as digital transformation for businesses of all sizes has accelerated.


The gig economy represents a $115 billion market; and Fiverr's 2020 revenue of 186 million represents one tenth of 1% of that market.


The long tail of the business is going to be moving "up-market" into the large enterprise space. 'Fiverr Business' is the product offering that will help the company get a foothold with these large bluechip companies. Early enterprise customers include L'Oreal and Unilever. Part of what makes this a viable product, is the fact that the talent pool for top tech talent isvery shallow. Fiverr allows organizations to hire top tech talent on a contract basis, for job titles like UX/UI Developer, SEO, Web Development, Analytics, and of course for non tech disciplines as well; Marketing, PR, Photoshop, Copywriting, content creation etc.



Fiverr's biggest direct competitor is UpWork; but Fiverr absolutely crushes UpWork in it's "take rate" (the amount of money that Fiverr collects in each transaction between a buyer and seller). Fiverr's take rate is 27%; whereas UpWorks is 13%.



As the WFH trend proliferates, I think the flexibility in contract work for many skilled professionals in tech and creative services will continue to be a draw; which obviously helps Fiverr.






I will continue to add to my position in FVRR when I can (ded fkn Srs)

Trading at $27. Real Life Alpha is BROKE

Trading at $27. Real Life Alpha is BROKE

APPN was at it's highest when OP posted this too, $226

It's now $38