Where Upwork Must Improve [Seeking Alpha]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: Seeking Alpha
Where Upwork Must Improve Since its IPO last October, Upwork ( UPWK sales growth is not sufficient The reader should consider that Upwork has operated basically since its industry’s inception, and that entails a rough growth and learning curve in the early years. When considering Upwork’s leadership in an industry that will only grow in relevance and appears resilient to a tougher economy, the stock is currently cheap. This article will explain the strengths and weaknesses in Upwork's business model, and where it must improve to meet our "outperform" prediction. The Business Upwork is a marketplace for freelance workers and hirers, henceforth referred to as freelancers and clients, respectively. Clients post jobs, then search, hire and pay their chosen freelancer through the site. The jobs posted vary in budget, nature and duration. Upon hiring, both parties are bound to execution and payment through the site, which is how Upwork makes most of its money. Naturally, jobs that can be co
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