Opinion: Upwork (UPWK) is more valuable than LinkedIn


Fiverr – mostly low quality freelancers that are in my opinion scammy.

Toptal – vets its own talent, not creating a truly meritocratic environment for its freelancer community.

LinkedIn – most people have a LinkedIn account, but there is no way to truly identify top talent on the platform.  Everyone looks good on LinkedIn.

Signup for the USA Herald exclusive Newsletter

Freelancer.com – nice domain name but completely inferior platform.   Not easy to find talent.

As Peter Thiel always says, invest in monopolies.

With the successful IPO that landed Upwork an additional $90M in its coffers (which apparently were already deep), the company intends to throttle its advertising, bringing on more businesses and freelancers.

Labor is Undergoing A Revolution & Upwork is At The Forefront

Taken direct from the preliminary prospectus of Upwork:

“The online freelance economy represents a shift in how labor markets operate. We believe that we are still in the early stages of the online freelance economy, with a multi-industry and multi-decade global shift affecting how businesses find talent and how people want to work.