top of page
  • Writer's pictureAbacus Research

Fiverr (FVRR): Winning marketplace?

Fiverr is a potential winner takes most marketplace, although it is still early in its evolution. It is transforming the traditional freelancer hiring workflow into an e-commerce-like experience. If one is feeling generous, it is Amazon for services.

Some things to know, before you dismiss it as another expensive WFH stock:

  • Fiverr brings labour arbitrage to SMB, who have never had access to this before.

  • Most of the services that Fiverr sells are for digitisation.

  • New avenues for monetisation, such as advertising are just starting up. 

  • Fiverr brings standardisation to a non-standard product set. We believe this is disrupting the current RFP workflow, and a meaningful contributor to Fiverr's success. 

  • Competition is low. 

  • Given a TAM>>10x revenue, if marketplace is successful the company could be multiple times larger than today.

Potential Upside:     $182 (+48%)

Sensible Downside: $98 (-20%)

Recent Posts

See All

Fortive: potential14% IRR

Fortive is a high quality business with an asset light model, high margins, high incremental margins and consistent FCF generation that is reinvested in M&A. Recent guidance for slow organic growth fo

Vertiv (VRT) - Datacentre play on AI theme

Vertiv is a leader in critical infrastructure for datacentres and a clear beneficiary of AI driven growth. AI tailwind for datacentres is only starting. To date, Vertiv has seen little to no impact fr

Palantir (PLTR)

The advent of LLM’s have changed Palantir's relationships with institutions – the commercial market is now open to what Palantir is selling. This is a significant change from one year ago. AIP bootcam


bottom of page