Freelance Marketplace 2.0: Where Future of Work Happensby@austin.yang
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Freelance Marketplace 2.0: Where Future of Work Happens

by Austin Yang8mJune 24th, 2020
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Freelance economy currently makes up 35% of the U.S. workforce and is projected to reach 50.9% by 2027. Upwork (recently IPO’ed) and Freelancer.com have been key players in shaping the freelance ecosystem. As new platforms emerge and old ones try to stay in the game, we‘ll likely see a new wave of innovation in this space within the next 2–3 years. Over 90% of freelance marketplaces generate revenue by taking a cut (typically between 10–25%) of transactions occur on their platforms.

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