Fiverr’s share price crashed 30% this week after releasing second quarter 2021 results. Second quarter 2021 results were great with revenue (up 60% year on year) and free cash flow (up 215% y/y) growing nicely. However, Fiverr shocked the market by cutting guidance for 2021 revenue. From Fiverr’s CEO: When COVID restrictions were lifted in … Continue reading Why I’m holding Fiverr
After receiving my first Fiverr deliverable, I'm convinced that Fiverr has a strong moat and a long growth runway. I was having WordPress problems for my website and decided to try Fiverr and Upwork. Three things stood out: First, Fiverr is way ahead of Upwork in terms of buyer experience and ease of use. Fiverr … Continue reading Fiverr vs Upwork: 3 takeaways from my 1st gig purchase
This year is finally coming to an end but I'm grateful that most of my portfolio stocks are winners. iFAST basically rescued my overall portfolio with the stock being a 3 bagger since I picked it. Small and fast growing platforms can be amazing multi-baggers! I'm hoping that the other platforms in my portfolio such … Continue reading 2020 year in review, most popular posts and 2021 wishlist
I recently bought shares in Fiverr, a marketplace which connects companies with freelancers because I'm increasingly drawn to small but fast growing platforms. Platforms such as Fiverr benefit from wide moats because of their network effects and are highly scalable businesses because most of their costs are fixed costs. Here’s a description of Fiverr from … Continue reading Fiverr: A 5 bagger in 10 years?