UpWork is a global marketplace for remote talent. UpWork was incorporated in 2013 with the combination of Elance and oDesk, but the origin of Elance dates all the way back to 1999.
The company is headed by Hayden Brown, who took over from Stephane Kasriel in 2020. You can read on the background of Hayden Brown in this profile on Forbes.
Write-Ups on UpWork
- Is UpWork Profitable? Published on August 2020. We take a closer look at how UpWork accounts for intangibles.
Investment Thesis
- Growth with a big addressable market
- Market leader
- Negative working capital business model.
- Two-sided economics
Competition
- Fiverr
- Freelancer.com
Other Available UpWork Stock Research
- Upwork: Growing Faster Than Investors Expected, Still Cheap. Published by Michael Wiggins De Oliveira on Seeking Alpha (November 2020).