Fiverr IPO, Why Fiverr is Primed for an Initial Public Offering
Fiverr very interesting company, and that they are worth billions of dollars, it only makes several hundred million dollars per year in annual revenue. They have gained a significant amount of popularity due to the sheer amount of salesman and freelancers that are present on the website, and I personally have use them hundreds of times myself, definitely spend at least thousands of dollars, in order to hire freelancers for my previous online businesses. In this blog post, will walk you through what a Fiverr IPO might look like, and will look at how much revenue the company is able to generate. I personally have used Fiverr very extensively, both from the buy side and the sell side of the market, and so I feel at least somewhat qualified to explain why I think they are a great company to IPO next year. For more information on all things Finance, be sure to comment down below and to subscribe to our blog for additional details and information.
Among the other top IPOs Possibly Coming up in 2021 Include the Following:
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The Fiverr IPO, When Did Fiverr Go Public and What is the Current Stock Price of Fiverr?
Fiverr went public as a secondary market stock on June 13, 2019, and became, as reported in most financial news sites, the “latest gig economy to go public,” as they are by far and away one of the most popular freelance online job websites, and there are likely thousands of people on there who make full time livings on the website, with tens of thousands of people that make a regular, side hustle income on the website. I personally have made money both buying and selling on Fiverr, with me making somewhere around $1,000 as a freelance writer on Fiverr about five years ago, and with me literally spending at least $10,000 on Fiverr, by way of buying SEO products, blog articles, videos for my Youtube channel, brand deals, advertisements, sponsored tweets….you name it, I’ve probably purchased it on Fiverr. The only times I made something profitable off of the website were when I added the content that I got from there to my blogs, and proceeded to make passive income from it. The one thing I love about blogging that made me a great customer of the website Fiverr, is that your hard work pays you back literally forever. Even if you have a website getting 40 visitors a day, which is really peanuts, over a ten year period, this is hundreds of thousands of visitors, which can easily allow you to make a pretty coin off of your profession!
Why I Would Buy Fiverr at IPO, Since it Is Trading Way Above That Right Now
I actually purchased one share of Fiverr at IPO, and I still own it to this very day! I did extremely well on the stock, literally making 600% on my money (too bad I had only invested $20 in the security) but at least for right now, it has served as a great hedge against this robust and insane stock market that we have had over this past year. It is doing a heck of a lot better than my S and P 500 index funds have done this year, that much is for sure (they broke even….yet are back to falling…at least for right now). Fiverr has been one of the best performing stocks in my portfolio over the past year and a half, and I am definitely going to continue to hold onto this stock at least through the end of next year, as the competition and volume of the gig economy has been rapidly expanding as unemployment continues to skyrocket in the United States, pick up some shares of Fiverr when you get a chance and get behind the gig economy stock 8 ball!
Final Thoughts on the Fiverr IPO, The Pro’s and Cons of Owning This Hot Stock, a Powerful Mid Cap Company
In short, the Fiverr IPO has been one of the best IPOs that I have purchased in my portfolio over the past several years, and I definitely will continue to hold onto this security for some time! It is literally beating out my Vanguard S and P 500 index fund, and has been doing so for the last 2 years, which is no mean feat indeed! What did you think of the Fiverr Initial Public Offering, and has there been anyone that has owned shares of this stock over the past year or so? Leave a comment down below and tell us how your stocks have performed, and be sure to subscribe to our blog for weekly updates on all things finance.
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