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A comment on Fiverr IPO’s at $700M valuation.

Re:Fiverr IPO’s at $700M valuation by chatmasta on Thursday June 13, 2019 @03:20PM (#20177810)
Fiverr is effectively a spam factory. I would be curious to see the breakdown of its most popular offerings. How many of them are legitimately creative tasks, and how many are "I will post your link to fifty web 2.0 sites?" More importantly, how much revenue can Fiverr attribute to these "gigs" that are borderline legal? Their F-1 filing does not mention it as a risk factor. [0]

This website has its roots in the gray-hat side of the SEO and affiliate marketing industries. It's shocking to see it valued at $700M. Surely we are in a bubble?

[0] https://www.sec.gov/Archives/edgar/data/1762301/000104746919...

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Re:Fiverr IPO’s at $700M valuation by oooshha on Thursday June 13, 2019 @03:39PM (#20177953)
I spent $500 usd on Fiverr in the last month getting design done, getting studio musicians and rappers recording parts for music. Previously had full animated videos made there. It's pretty great.
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Re:Fiverr IPO’s at $700M valuation by 1337biz on Thursday June 13, 2019 @03:52PM (#20178049)
How do you ensure quality? I usually find 4-5 people for the same tasks and 1 or 2 are in the end to my expectations.
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Re:Fiverr IPO’s at $700M valuation by kitchenkarma on Thursday June 13, 2019 @06:00PM (#20178958)
I review their portfolio and create a sample task to see how communication goes along and then if I am satisfied I place real order. It is not expensive so I can try few people before commiting to some more work. I find this website extremely helpful. I also like that this website enables artists from impoverished countries make living.
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Re:Fiverr IPO’s at $700M valuation by TomVDB on Thursday June 13, 2019 @04:02PM (#20178130)
Aren't the prices usually low enough that you can have the work done multiple times and choose the best one?
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Re:Fiverr IPO’s at $700M valuation by vidarh on Thursday June 13, 2019 @04:35PM (#20178337)
That's my approach. Want a logo for a project? Get it done by five different people instead of having one person do a few iterations. Over time of course you find people you'll go back to for specific types of work.
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Re:Fiverr IPO’s at $700M valuation by antisthenes on Thursday June 13, 2019 @04:24PM (#20178266)
Yep, it's pretty much the way you do discovery of quality work in this sort of market.

I've commissioned vector artwork from 3-4 people and just picked the best one, and then kept working with that person going forward.

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Re:Fiverr IPO’s at $700M valuation by bduerst on Thursday June 13, 2019 @04:39PM (#20178371)
That's usually how it normally works with creative agencies in the industry. You brief them and they come up with a creative work, but there's always several rounds of back-and-forth to get refine it to the point you want it at.
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Re:Fiverr IPO’s at $700M valuation by bryanrasmussen on Thursday June 13, 2019 @04:49PM (#20178457)
Do you pay all the prices, then I don't know that it would be cheap. Do you not pay the ones you don't choose, then I'm not sure it's ethical.
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Re:Fiverr IPO’s at $700M valuation by TomVDB on Thursday June 13, 2019 @05:08PM (#20178587)
At some point, I needed a logo for my hobby website. Nothing fancy, just better than what I could cook up with my non-existent creative skills.

I asked 5 different people on Fiver to create one for $5 each and chose the best one.

This is obviously an example on the low end, but you could expand this to the $500 dollar range per designer for a full website template and still end up with a decent looking thing for $2500.

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Re:Fiverr IPO’s at $700M valuation by 1337biz on Sunday June 16, 2019 @06:11PM (#20198246)
I do but having to weed out the obvious template modifiers first is very annoying. In particular for design tasks (logos, infographics, etc) you have to look through at least 20 profiles before getting an idea on who is having original ideas and who is just modifying the same 50 templates over and over again.
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Re:Fiverr IPO’s at $700M valuation by woutr_be on Thursday June 13, 2019 @10:53PM (#20180275)
Out of interest years ago, I spend $20 on a few different gigs that offered link building, the results were actually amazing. (Not in a good way)

They usually offer to post links for a couple of days, and sure enough, right on the dot, you can see traffic flowing in, once the period is over, it suddenly stops. Of course all traffic came from AWS or Google Cloud. I confronted one of the guys with the data I saw, he then decided to just keep one of his virtual machines up, and drive fake traffic to my site for months.

I did have some good results with some tedious data scraping tasks. But you have to explicitly tell them what you want, and in what format.

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Re:Fiverr IPO’s at $700M valuation by wbl on Friday June 14, 2019 @11:35AM (#20183822)
What is link building supposed to be?
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Re:Fiverr IPO’s at $700M valuation by woutr_be on Saturday June 15, 2019 @12:17AM (#20188369)
It's mostly to give your domain more authority (thus making it rank higher) by putting your link on various other sites. Of course in reality, you want your link to be on other sites with relevant content.
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Re:Fiverr IPO’s at $700M valuation by dawnerd on Thursday June 13, 2019 @05:20PM (#20178675)
I get spam emails all the time with links to shady fiverr gigs. Usually goes something like:

Hi, I wanted to let you know that your site has a lot of porn and gambling spam. Please get in touch to me to have removed. If you dont contact, there will be more porn spam and your site will be dead. So no waste time and order my gig now <fiverr link>

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Re:Fiverr IPO’s at $700M valuation by slig on Thursday June 13, 2019 @04:20PM (#20178229)
There are some interesting videos showcasing what you can get from fiverr. I enjoyed these two: search for "samuraiguitarist fiverr" and "draw with jazza fiverr".
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Re:Fiverr IPO’s at $700M valuation by komali2 on Thursday June 13, 2019 @05:54PM (#20178929)
This guy hired some people of fiverr to do a CSGO highlight video, I thought it was fairly interesting: https://www.youtube.com/watch?v=JDIA87zLN_Y
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Re:Fiverr IPO’s at $700M valuation by swamy_g on Thursday June 13, 2019 @05:40PM (#20178820)
What are you talking about? There are so many legit people offering legit services there. Yes, many of them are first timers, but their site clearly lets you choose people based on reviews and ratings.
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Re:Fiverr IPO’s at $700M valuation by lifty on Thursday June 13, 2019 @05:24PM (#20178707)
Not sure about the spam, but I regularly do jobs and for the money I pay, the value is great. I also think they streamlined the experience pretty well. I personally use the shotgun approach sometimes where I hire multiple designers and just use the result that I like the most.
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Re:Fiverr IPO’s at $700M valuation by KorematsuFred on Thursday June 13, 2019 @04:30PM (#20178306)
May be but it does offer value to many of us. My wife used it extensively to help her proofreading her academic work, design better quality graphs and so on.

I used it to hire folks to record weird happy birthday wishes for my friends.

I am not surprised they are valued at 700M, I expect them to be in this business for a long time.

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Re:Fiverr IPO’s at $700M valuation by wutman on Thursday June 13, 2019 @07:53PM (#20179585)
Youtube started as an easy place to watch pirated movies.
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Re:Fiverr IPO’s at $700M valuation by technofiend on Thursday June 13, 2019 @04:31PM (#20178315)
I've used it to hire editors, but most used it for lead generation. They would agree to do a very small job for $5 to comply with fiverr's requirements but anything over that generated referrals to an offsite rate card.
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Re:Fiverr IPO’s at $700M valuation by bdcravens on Thursday June 13, 2019 @03:48PM (#20178018)
Like you said, it’s uncertain what % of the gigs are of the spammy variety. That said, we’ve used it for a lot of design work and manual processes.
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Re:Fiverr IPO’s at $700M valuation by bwb on Thursday June 13, 2019 @05:38PM (#20178808)
I just spent $60 for some quick image work we needed, worked well and it is easier than trying to find someone long term.
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Re:Fiverr IPO’s at $700M valuation by dzhiurgis on Thursday June 13, 2019 @06:06PM (#20178995)
How much of the "spam" is actually gigs to get thru big tech's anti-scrape filters?
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