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A comment on Upwork now takes 20% of freelancer earnings. Parent comment

Re:Upwork now takes 20% of freelancer earnings by angry-hacker on Wednesday May 04, 2016 @10:42AM (#11628669)
It makes sense. But it will most certainly scare away the small players.

But how many big big/entreprise clients do they have? If you have any insights how much of their massive profit comes from those 50 dollars WP plugins?

[ Parent | on HN ]
Re:Upwork now takes 20% of freelancer earnings by wojt_eu on Wednesday May 04, 2016 @04:13PM (#11631363)
Anecdote: I have logged 3700 hours on oDesk (before they merged with Elance into Upwork) for about 20 clients. About half of that was for two biggest clients. I think there's power distribution in play.

While browsing Ruby on Rails jobs I often saw client profiles with more $50.000 spent. Yes they have some big fish to cater for.

Those clients (and freelancers like me) might consider higher commission for first 2-3 months of work (to reach $10.000 threshold) as kind of recruitment cost. Then, 5% commission is acceptable for payment and accounting automation.

[ Parent | on HN ]