Producers: Micha Kaufman and Shai Wininger
Online Product: Fiverr
Started: Feb. 2010 – 9 years ago
Consumers: Anyone with a device to get online (INTERNET)
Kapital City Material…
Fiverr where people could either get hired or fired (LAUGH). Also a place where people can post jobs that they want done for a specific price. It is a platform totally different from social media but comes with a website and an app for cell phones like many other online businesses. I do not actually know how much revenue as in capital Fiverr is accumulating but Fiverr has over a million users and workers and Fiverr collect a profit from each transaction so I would think the owners of Fiverr are pocketing millions of dollars. Almost anything could be done through Fiverr from building websites, apps, hiring website and app designers, hiring virtual assistants and typists, practically anything for cheap! Someone else or company will probably charge way more than a person can afford. I had used Fiverr many times for a presentation, my logo and gave access to my wordpress to help build my website. Every time Fiverr was paid from my transaction (processing fee) so I can imagine how much revenue they are making a day from their million plus users.