Fiverr Is My Newest Pick

[amarowsky]

Today's is Quite ugly too. Buying opportunity?

[disneysteve]

LOL. I certainly hope so. Yesterday's drop wasn't pretty.

[CHH1023]

[CHH1023]

to the moon! only took them 2 days to recover.

[CHH1023]

Another positive press release, woohoo, tomorrow's the big day.

[amarowsky]

Planning on my 1st FVRR purchases as a customer. I have an art project I wanted to shop out. I also snagged a few more shares.

[Singuy]

I had them before the virus, sold in March, I regret. haha. But.. Such as life, I took cash and put it elsewhere. What do you think about the new Bumble IPO? Bumbling? hahaha

Ipos/spac are all hot garbage. Too much pump and dump. I would wait until post first earnings.

[jeffmem]

Online freelancing is so new that most people haven't heard of any of these companies. That's the beauty of the front runner with plenty of marketcap. They can sell shares for acquisitions and eventually becomes almost a monopoly. Look at Match group..pretty much owns most of the online match making companies. And these smaller freelancer companies want to tap into Fiverr's userbase. At the end of the day, online companies are all about collecting users and data. Winner takes most.

I had them before the virus, sold in March, I regret. haha. But.. Such as life, I took cash and put it elsewhere. What do you think about the new Bumble IPO? Bumbling? hahaha

[Singuy]

We're a day closer to 02-18-21!

Usually when a stock runs this hot, we may see a sell off on earnings. However it'll take about 2 weeks to recover.

[Singuy]

I was reading about the Working Not Working acquisition earlier. I've never heard of them but it definitely sounds like a good fit.

Online freelancing is so new that most people haven't heard of any of these companies. That's the beauty of the front runner with plenty of marketcap. They can sell shares for acquisitions and eventually becomes almost a monopoly. Look at Match group..pretty much owns most of the online match making companies. And these smaller freelancer companies want to tap into Fiverr's userbase. At the end of the day, online companies are all about collecting users and data. Winner takes most.

[CHH1023]

We're a day closer to 02-18-21!

[disneysteve]

I was reading about the Working Not Working acquisition earlier. I've never heard of them but it definitely sounds like a good fit.

[Singuy]

Yesterday Fiverr added a subscription service. Today they announced their acquisition of Working/Not Working.

Working Not Working was founded in 2011 by Justin Gignac and Adam Tompkins. The site was initially created to help their friends and connections in the creative industry find jobs and new opportunities. After over a decade working in advertising, they both spent time navigating the uncertainties of freelancing, and from there, Working Not Working was born. Today, the platform connects tens of thousands of full-time creatives and freelancers with top brands and agencies through a subscription model.

Looks like Fiverr is pushing full steam ahead to be the leader in online freelancing. Hopefully it will have the marketcap of the giants one day such as Etsy, Wayfair, Ebay, Match Group and Pintrest. That means another 4-7x from here.

[jeffmem]

I think that with it's performance thus far, their revenue and the fact that this virus is not going anywhere anytime soon, I think $400 this year is VERY possible if not higher than that.

[CHH1023]

Considering it briefly dipped below $200 less than 3 weeks ago and it's now $300, who knows?

I think there will always be a need for freelance work, unless we somehow created a lot of full time well paying jobs.