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June 14, 2019

No, I’m not selling TechCrunch stories for $20 on Fiverr

You weren’t going to try to buy a place on TechCrunch for $20. You, dear reader, are smarter than that. But that doesn’t make it any less concerning when a reader emails you in the middle of the night to let you know that someone’s posing as you on Fiverr, name, biography, picture and all.

Heck, it barely even bothered me that the U.K.-based individual was charging a mere $20 for “basic” TechCrunch writing, versus $30 for “standard” Forbes and $50 for “premium” New York Times. Okay, that one stung a little.

I’ve heard stories of individuals targeting colleagues for access to people and companies or review units, but this particular approach was a [...]

 
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June 14, 2019

Fiverr CEO says he’s building the ‘everything store for digital services’

Freelance marketplace Fiverr has become closely associated with the gig economy, but Micha Kaufman argued that not all gig economy companies are created equal.

I spoke to Kaufman yesterday afternoon, after Fiverr debuted on the New York Stock Exchange and spent the day climbing to 90% above the IPO price.

As we talked about Fiverr’s community of freelancers, I brought up the driver strikes before Uber’s IPO and wondered how Kaufman can ensure freelancers can benefit from the company’s success. In response, he pointed out that Fiverr sellers are often highly-skilled, and they determine the terms of the job and of payment.

“That is very [...]

 
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June 14, 2019

Daily Crunch: Fiverr goes public

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.

1. Fiverr shares climb 90% in first day of trading

Freelance marketplace Fiverr had a good first day on the New York Stock Exchange.

The company priced its IPO at $21 per share on Wednesday, raising around $111 million. It then started trading at $26, with shares climbing for most of the day and closing at $39.90 — up 90% from the IPO price.

2. Facebook backs social commerce startup Meesho in first India investment

Y Combinator alumnus [...]

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June 13, 2019

Fiverr shares climb 90% in first day of trading

Freelance marketplace Fiverr had a good first day on the New York Stock Exchange.

The company priced its IPO at $21 per share last night, raising around $111 million. It then started trading this morning at $26, with shares climbing for most of the day and closing at $39.90 — up 90% from the IPO price.

Fiverr is one of the most well-known companies facilitating the so-called gig economy. When it filed to go public last month, the company said it has facilitated 50 million transactions between 5.5 million buyers and 830,000 freelancers.

Investors seem willing to bet on the company despite the fact that it’s losing money, reporting a net [...]

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