Fiverr : In February 2019, Fiverr acquired ClearVoice, a premium subscription-based content marketing platform. Founded in 2014 by Jay Swanson and Joe Griffin, ClearVoice is a venture-backed company headquartered in Phoenix, Arizona. Adding ClearVoice to the company's portfolio allows Fiverr to easily and consistently provide services for independent professionals as well as large businesses.
Management
Micah Kaufman is the co-founder and CEO of Fiaver. Before co-founding Fever, Micah Kaufman received an LLB. Degree from the University of Haifa and established several technology ventures including Keynesis, Invisia and Spotback. In an interview with the German newspaper Handsblatt in 2018, Kauffman spoke before Fiever about his difficulties in finding freelancers as a customer: "Finding freelancers wasn't fun ...", " ... You meet friends for recommendations. " You can show each other work, you learn how much money you want for something. Everything is very time consuming. "
Kauffman writes in several publications including Wired, Entrepreneur, and Inc., where he has argued strongly in favor of the gig economy in which Fiever operates. In March 2018, he suggested that making Uber and the ride-hailing industry the poster child for all independent workers distorts a major economic and social trend.
Kaufman has assumed a position in favor of a single-payer healthcare system in the United States, speculating that having universal healthcare could encourage potential entrepreneurs to jump from traditional employment to start their jobs .
gigs
Fiverr allows listing and applying for small jobs, or gigs, online. The jobs listed are diverse and "get a well-designed business card to help with HTML, JavaScript, CSS, and jQuery". Fiverr is a company that models the listing of temporary work positions Freelancers work in a variety of workplaces, from home to office.
User demographics
The Fiverr market is dominated by young adults (only 2% of sellers are over 55 years old); The company stated that the rate of vendors aged 55-64 increased 375% at the end of the second quarter of the year compared to the first quarter of the second quarter of the year.
Criticism
Fiverr has received criticism for advertising very affordable graphic services. In late 2014, an advertisement on Fiverr's Facebook page stated that "you're paying too much for the design" which caused a public uproar. In 2013, Fiverr lifted the base price of five dollars and began allowing logo designers, graphic artists, voice over artists and other sellers to charge a base price for themselves.
In 2017, Fiverr was criticized for portraying ideals as being unhealthy and an overabundance in work behavior to live as ideals.
In 2018, Fiverr received an "F" rating from the Better Business Bureau, the lowest grade that can be awarded. In 2019, Fiverr received a "B" rating after responding to customer complaints.
IPO
On June 13, 2019, Fiverr listed the NYSE (New York Stock Exchange) under the symbol $ FVRR, trading 90% of its opening price on the first day of trading of the company, trading at $ 39.90. The stock quickly fell in price and as of 25 September 2019 the listed share price of Fiever is trading at $ 17.21 per share.
Fiverr was founded by Micha Kaufman and Shai Wininger, and was launched in February 2010. The founders came up with a marketplace concept that would provide people with a two-party platform to buy and sell a variety of digital services offered by freelance contractors. . Services offered on the site include writing, translation, graphic design, video editing, and programming. Fiverr services start at US $ 5, and can go up to thousands of dollars with gig extras. Each service offered is called a "gig".
The website was launched in early 2010 and by 2012 was hosting 1.3 million gigs. Since 2011, website transaction volume has increased by 600%. In addition, Fiverr.com has been ranked in the top 100 most popular sites in the United States and in the top 200 in the world since early 2013.
On 1 June 2010, Fiverr received a US $ 1 million seed investment from Guy Gzu and other angel investors, and in May 2012, Fiverr received US $ 15 million in funding from Accel Partners and Bessemer Venture Partners, leading the company The total funding went to the US. $ 20 million.
In December 2013, Fiverr released its iOS app in the Apple App Store, and in March 2014, Fiverr released its Android app in the Google Play Store.
During August 2014, Fiverr announced that it had raised US $ 30 million in a round of funding series from Bessemer Venture Partners, Excel (formerly known as Excel Partners) and other investors. This round brings their total funds to US $ 50 million.
In October 2015, Amazon.com initiated legal action against 1,114 Fiverr sellers, claiming to provide fake reviews on the US version of its website. Fiever did not dispute Amazon's allegations, saying: "As noted by Amazon, we have worked together to remove services that violate our Terms of Use, and any reports of inappropriate content Immediately responds. "
In November 2015, Fiverr announced that it had raised US $ 60 million in a Series D round of funding led by Square Pay Capital. This round brings their total funding to $ 110 million. At the same time, the company announced that it was allowing sellers the ability to price producers at prices above the original US $ 5 price, known as gigs.
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