Knowledge (XXG)

Upwork

Source 📝

245: 40: 223: 375:
companies rather than smaller companies just looking for a quick job with a single gig worker. Brown also spoke of a "skill gap" between what companies were looking for on the Upwork platform and what they were getting. Many of the freelancers purged were rated as "less skilled" or had lower rankings
359:
Businesses and individuals can connect through this platform to conduct business. Clients post a description of their job and a price range they are willing to pay for a freelancer to complete it. The client may invite specific freelancers to apply for their jobs, or post the job for any freelancer
360:
who is interested to apply. Once the client has chosen who they want to complete the job, they hire that freelancer by sending a contract with set hours, pay rate, and a deadline for the work to be completed. Freelancers are also required to purchase "connects" in order to be able to bid for jobs.
332:
Elance and oDesk announced their merger on December 18, 2013 to create Elance-oDesk. In 2015, the new company was rebranded as Upwork, which coincided with an upgrade of the oDesk platform under the same name. The newly named Upwork also planned to phase out the Elance platform within a couple of
348: 974: 979: 371:
In 2020, the company purged 1.8 million freelancers. In a 2019 call with investors Upwork CEO, Hayden Brown, said that Upwork would be focusing more on serving the needs of
379:
In October 2020, Upwork launched a new feature called "Project Catalog" that allows freelancers and agencies to offer pre-scoped services at fixed prices, similar to the
999: 989: 793: 329:. Originally created as a staffing firm, oDesk eventually became an online marketplace that allowed registered users to find, hire, and collaborate with remote workers. 325:
was founded in 2003 by two friends, Odysseas Tsatalos and Stratis Karamanlakis, who wanted to work together even though one of them was in the U.S. and the other was in
659: 969: 280:. The company was formed in 2013 as Elance-oDesk after the merger of Elance Inc. and oDesk Corp. The merged company was subsequently rebranded as Upwork in 2015. 959: 686: 418: 767: 994: 984: 964: 611: 843: 501: 447: 585: 508: 752: 368:
In March 2017, Upwork reported 14 million users in 180 countries with $ 1 billion USD in annual freelancer billings.
870: 400: 277: 347:
On March 7, 2022, Upwork started suspending operations for freelancers and clients in Russia and Belarus as a
341: 308: 273: 192: 151: 1004: 936: 170: 794:"TechDay - Upwork's SVP of Marketing Explains What It Takes To Perfect An Offering That Relies On People" 312: 269: 209: 533: 637: 473: 70: 888: 713: 753:"Understanding and using Connects – Upwork Customer Service & Support | Upwork Help" 559: 727: 691: 478: 337: 307:
graduate Beerud Sheth and Wall Street veteran Srini Anumolu in a two-bedroom apartment in
285: 244: 316: 50: 953: 155: 66: 57: 931: 818: 660:"Upwork Just Made a Surprising Decision That Will Change Everything For Freelancers" 926: 372: 419:"Elance-oDesk Becomes 'Upwork' In Push To Build $ 10B In Freelancer Revenues" 921: 198: 687:"Upwork — the largest freelancers' network — soars 50% in trading debut" 39: 941: 216: 17: 423: 380: 326: 62: 728:"How to use Upwork effectively to hire quality talent for business?" 319:. Elance's first product was the Elance Small Business Marketplace. 448:"Elance-oDesk Rebrands As Upwork, Debuts Slack-Like Chat Platform" 534:"California Secretary of State. Corporate filing date 1/27/2003" 844:"1.8 million gig workers were purged from Upwork - here's why" 560:"The story behind launching oDesk - with Gary Swart - Mixergy" 304: 537: 311:. In December 1999, the company's 22 employees relocated to 768:"Snagajob Appoints Former Upwork CEO to Board of Directors" 612:"Elance Merges With oDesk to Boost Service for Freelancers" 235: 292:
s list of TIME100 Most Influential Companies of 2022.
474:"TIME100 Most Influential Companies of 2022 - Upwork" 251: 230: 215: 205: 187: 169: 161: 147: 135: 77: 56: 46: 819:"Hayden Brown, Upwork Inc: Profile and Biography" 975:Business services companies established in 2015 349:sanction following Russia's invasion of Ukraine 638:"oDesk becomes Upwork, but what about Elance?" 340:5000 list from 2009 to 2014 and filed for an 8: 32: 640:. news.smallbusinesstrends.com. May 5, 2015 980:Companies based in Santa Clara, California 243: 38: 31: 507:. Harvard Business Review. Archived from 1000:Online marketplaces of the United States 990:Employment websites in the United States 871:"Q4 and Full Year 2019 Prepared Remarks" 500:Thomas W. Malone; Robert J. Laubacher. 392: 970:American companies established in 2015 714:"A Letter From Our CEO | Upwork" 586:"Elance-oDesk unveils platform, name" 472:Van Houten, Alison (March 30, 2022). 7: 283:In March 2022, Upwork was named on 25: 960:2015 establishments in California 502:"The Dawn of the E-Lance Economy" 685:Jiang, Ethel (October 3, 2018). 222: 221: 610:Levy, Ari (December 19, 2013). 995:Freelance marketplace websites 985:Companies listed on the Nasdaq 889:"Introducing Project Catalog™" 446:Lunden, Ingrid (May 5, 2015). 336:The company was listed on the 27:American freelance marketplace 1: 965:2018 initial public offerings 109:; 11 years ago 96:; 21 years ago 83:; 25 years ago 1021: 917:Business data for Upwork: 355:Service and business model 122:; 9 years ago 590:www2.staffingindustry.com 278:San Francisco, California 37: 364:Size, scope, and changes 342:initial public offering 303:was founded in 1998 by 152:Santa Clara, California 848:businessofbusiness.com 210:Freelance marketplace 875:investors.upwork.com 616:Bloomberg Technology 405:Investors.upwork.com 401:"Annual Report 2020" 344:on October 3, 2018. 270:freelancing platform 226:421.6 million (2024) 183:Stratis Karamanlakis 514:on January 31, 2012 34: 895:. October 27, 2020 772:www.prnewswire.com 351:in February 2022. 315:, in California's 262:Upwork Global Inc. 71:Russell 2000 Index 33:Upwork Global Inc. 376:on the platform. 272:headquartered in 268:, is an American 259: 258: 181:Odysseas Tsatalos 118:(as Elance-oDesk) 16:(Redirected from 1012: 905: 904: 902: 900: 885: 879: 878: 866: 860: 859: 857: 855: 850:. March 20, 2020 840: 834: 833: 831: 829: 815: 809: 808: 806: 804: 790: 784: 783: 781: 779: 763: 757: 756: 749: 743: 742: 740: 738: 724: 718: 717: 710: 704: 703: 701: 699: 682: 676: 675: 673: 671: 656: 650: 649: 647: 645: 634: 628: 627: 625: 623: 607: 601: 600: 598: 596: 582: 576: 575: 573: 571: 566:. March 19, 2014 556: 550: 549: 547: 545: 540:on 15 March 2015 536:. Archived from 530: 524: 523: 521: 519: 513: 506: 497: 491: 490: 488: 486: 469: 463: 462: 460: 458: 443: 437: 436: 434: 432: 415: 409: 408: 397: 291: 247: 242: 239: 237: 225: 224: 162:Area served 130: 128: 123: 117: 115: 110: 104: 102: 97: 91: 89: 84: 47:Type of business 42: 35: 21: 1020: 1019: 1015: 1014: 1013: 1011: 1010: 1009: 950: 949: 946: 914: 909: 908: 898: 896: 887: 886: 882: 868: 867: 863: 853: 851: 842: 841: 837: 827: 825: 817: 816: 812: 802: 800: 792: 791: 787: 777: 775: 774:(Press release) 765: 764: 760: 751: 750: 746: 736: 734: 726: 725: 721: 712: 711: 707: 697: 695: 692:Markets Insider 684: 683: 679: 669: 667: 666:. July 25, 2018 658: 657: 653: 643: 641: 636: 635: 631: 621: 619: 618:. San Francisco 609: 608: 604: 594: 592: 584: 583: 579: 569: 567: 558: 557: 553: 543: 541: 532: 531: 527: 517: 515: 511: 504: 499: 498: 494: 484: 482: 471: 470: 466: 456: 454: 445: 444: 440: 430: 428: 417: 416: 412: 399: 398: 394: 389: 366: 357: 298: 289: 234: 197:Thomas Layton ( 196: 188:Key people 182: 180: 178: 176: 142: 140: 126: 124: 121: 119: 113: 111: 108: 106: 100: 98: 95: 93: 87: 85: 82: 69: 28: 23: 22: 15: 12: 11: 5: 1018: 1016: 1008: 1007: 1002: 997: 992: 987: 982: 977: 972: 967: 962: 952: 951: 948: 947: 945: 944: 939: 934: 929: 924: 918: 913: 912:External links 910: 907: 906: 880: 861: 835: 810: 785: 758: 744: 719: 705: 677: 651: 629: 602: 577: 551: 525: 492: 464: 438: 410: 391: 390: 388: 385: 365: 362: 356: 353: 317:Silicon Valley 297: 294: 257: 256: 253: 249: 248: 232: 228: 227: 219: 213: 212: 207: 203: 202: 191:Hayden Brown ( 189: 185: 184: 179:Sanjay Noronha 173: 167: 166: 163: 159: 158: 149: 145: 144: 137: 136:Predecessor(s) 133: 132: 79: 75: 74: 60: 58:Traded as 54: 53: 48: 44: 43: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1017: 1006: 1005:Telecommuting 1003: 1001: 998: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 971: 968: 966: 963: 961: 958: 957: 955: 943: 940: 938: 935: 933: 930: 928: 925: 923: 920: 919: 916: 915: 911: 894: 890: 884: 881: 876: 872: 865: 862: 849: 845: 839: 836: 824: 823:Bloomberg.com 820: 814: 811: 799: 798:techdayhq.com 795: 789: 786: 773: 769: 762: 759: 754: 748: 745: 733: 729: 723: 720: 715: 709: 706: 694: 693: 688: 681: 678: 665: 661: 655: 652: 639: 633: 630: 617: 613: 606: 603: 591: 587: 581: 578: 565: 561: 555: 552: 539: 535: 529: 526: 510: 503: 496: 493: 481: 480: 475: 468: 465: 453: 449: 442: 439: 427:. May 5, 2015 426: 425: 420: 414: 411: 407:. p. 12. 406: 402: 396: 393: 386: 384: 383:marketplace. 382: 377: 374: 369: 363: 361: 354: 352: 350: 345: 343: 339: 334: 330: 328: 324: 320: 318: 314: 310: 306: 302: 295: 293: 288: 287: 281: 279: 275: 271: 267: 263: 254: 250: 246: 241: 233: 229: 220: 218: 214: 211: 208: 204: 200: 194: 190: 186: 177:Srini Anumolu 174: 172: 168: 164: 160: 157: 153: 150: 146: 138: 134: 80: 76: 72: 68: 64: 61: 59: 55: 52: 49: 45: 41: 36: 30: 19: 897:. Retrieved 892: 883: 874: 864: 852:. Retrieved 847: 838: 828:September 9, 826:. Retrieved 822: 813: 801:. Retrieved 797: 788: 776:. Retrieved 771: 761: 747: 735:. Retrieved 731: 722: 708: 696:. Retrieved 690: 680: 668:. Retrieved 663: 654: 642:. Retrieved 632: 620:. Retrieved 615: 605: 593:. Retrieved 589: 580: 568:. Retrieved 563: 554: 542:. Retrieved 538:the original 528: 518:December 25, 516:. Retrieved 509:the original 495: 483:. Retrieved 477: 467: 455:. Retrieved 451: 441: 429:. Retrieved 422: 413: 404: 395: 378: 370: 367: 358: 346: 335: 331: 322: 321: 300: 299: 284: 282: 266:Elance-oDesk 265: 261: 260: 252:Registration 175:Beerud Sheth 148:Headquarters 139:Elance-oDesk 29: 937:SEC filings 622:January 18, 373:Fortune 500 309:Jersey City 274:Santa Clara 264:, formerly 131:(as Upwork) 92:(as Elance) 954:Categories 766:Snagajob. 698:October 3, 452:TechCrunch 387:References 171:Founder(s) 105:(as oDesk) 922:Bloomberg 899:April 20, 485:August 2, 313:Sunnyvale 165:Worldwide 73:component 869:Upwork. 854:June 26, 803:July 28, 778:July 28, 670:July 25, 570:July 28, 333:years. 255:Required 206:Industry 199:chairman 932:Reuters 737:May 22, 664:Inc.com 595:May 22, 564:Mixergy 544:22 June 457:May 17, 296:History 238:.upwork 217:Revenue 125: ( 112: ( 99: ( 86: ( 78:Founded 65::  942:Yahoo! 927:Google 893:Upwork 732:webdew 644:May 6, 431:May 5, 424:Forbes 381:Fiverr 327:Greece 301:Elance 141:Elance 63:Nasdaq 51:Public 18:Elance 512:(PDF) 505:(PDF) 323:oDesk 290:' 143:oDesk 901:2022 856:2024 830:2020 805:2017 780:2017 739:2023 700:2018 672:2018 646:2015 624:2014 597:2023 572:2017 546:2014 520:2010 487:2022 479:TIME 459:2016 433:2015 338:Inc. 286:Time 276:and 240:.com 156:U.S. 127:2015 120:2015 114:2013 107:2013 101:2003 94:2003 88:1999 81:1999 67:UPWK 305:MIT 236:www 231:URL 193:CEO 956:: 891:. 873:. 846:. 821:. 796:. 770:. 730:. 689:. 662:. 614:. 588:. 562:. 476:. 450:. 421:. 403:. 154:, 903:. 877:. 858:. 832:. 807:. 782:. 755:. 741:. 716:. 702:. 674:. 648:. 626:. 599:. 574:. 548:. 522:. 489:. 461:. 435:. 201:) 195:) 129:) 116:) 103:) 90:) 20:)

Index

Elance

Public
Traded as
Nasdaq
UPWK
Russell 2000 Index
Santa Clara, California
U.S.
Founder(s)
CEO
chairman
Freelance marketplace
Revenue
www.upwork.com
Edit this at Wikidata
freelancing platform
Santa Clara
San Francisco, California
Time
MIT
Jersey City
Sunnyvale
Silicon Valley
Greece
Inc.
initial public offering
sanction following Russia's invasion of Ukraine
Fortune 500
Fiverr

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.