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Industry Focus

Tech: Inside Fiverr

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 7 June 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

2019 is the year of IPOs! We're digging through another prospectus from a soon-to-be-public tech company: Fiverr. The gig economy site is getting ready to go public, but should investors be excited?

Stocks: UPWK

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Transcript

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0:00.0

Welcome to Industry Focus, a podcast that dives into a different sector of the stock market every day.

0:07.3

It's Friday, June 7th, and we're doing yet another IPO show.

0:11.7

I'm your host Dylan Lewis, and I'm joined on Skype by

0:14.5

Fool.com's Dan Klein. Dan how you doing? I'm good it is uh 88 degrees and

0:20.4

cloudless here so like I may literally just burst into flames when I walk out of the

0:25.5

office here. It's a good thing you're indoors while we're taping. I wouldn't want any

0:29.5

spontaneous combustion going on and having it recorded for our dear listeners.

0:34.0

I don't know I think that might be just the kind of stunt we need to get our YouTube channel going.

0:38.0

That might be the most listen-to episode where it's a happen.

0:41.0

I see Austin Morgan smiling behind the glass in agreement.

0:44.6

It's pretty toasty here too in DC. It's particularly toasty if we're talking

0:50.0

about the tech IPO market and there have been some pretty big names that have

0:55.6

gone public so far or announced intentions to go public so far in 2019 there's one

1:01.8

that may have kind of slipped under the radar. It's a company that's been

1:04.9

around for a little bit, but it's been kind of a niche internet company.

1:10.0

So you mentioned before that this company, Fiver, started as sort of a gimmick.

1:15.4

And it was exactly that.

1:16.6

When Fiver launched, it was literally like a dollar store.

1:20.0

Everything cost five dollars.

1:21.0

You want a logo five dollars.

1:22.3

You want an opening for your

1:23.8

podcast five dollars. It's branched out from that and now the reality is there's not

...

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