FreeeUp

10 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jun 24, 2017 by Connor Gillivan · said 18 times in 1 episodes since 2017 · across every show →

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brought up most by Nathan Latka (12), Connor Gillivan (6)

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Everything said about FreeeUp, oldest first

Jun 24, 2017
Disclosure
FreeeUp pays 50% of earnings to founders, reinvesting only 25%
“For any of that 20% that we're earning we usually take about half of it and pay ourselves out, put another quarter of it into actually regrowing the company, and then put the rest of the quarter into kind of a cash reserve so that we can make sure that the com…”
Connor Gillivan Jun 24, 2017 ▶ 13:46 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017 bullish
Assertion Not checkable as stated
Gillivan: FreeeUp grew revenue roughly 1,000% from April 2016 to April 2017
“So, and so since last April and this is based off our revenue, we've grown at about a thousand percent to this April.”
Connor Gillivan Jun 24, 2017 ▶ 14:32 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Assertion Not checkable as stated
Gillivan: FreeeUp has over 500 active billing freelancers
“So we have, right now we have over 500 freelancers in the network who are billing hours on a regular basis.”
Connor Gillivan Jun 24, 2017 ▶ 6:54 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Assertion Not checkable as stated
Gillivan: FreeeUp has 1,500+ signups and 300-500 weekly billing clients
“So we have over 1500 people signed up to the platform now, and then on a weekly basis we're billing between 305 hundred people who are actually using our workers.”
Connor Gillivan Jun 24, 2017 ▶ 9:10 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Assertion Not checkable as stated
Gillivan: FreeeUp averages around $10 per hour across all billing
“It's around 10 dollars per hour right now. I'm pretty sure that's what our average is.”
Connor Gillivan Jun 24, 2017 ▶ 8:01 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017 neutral
Assertion Supported
Gillivan: FreeeUp focuses on e-commerce and marketing, unlike Toptal
“TopTal is more focused on your higher level developer and designer. Our workers are more specialized within e-commerce business operations, and then also digital marketing.”
Connor Gillivan Jun 24, 2017 ▶ 5:17 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Assertion Not checkable as stated
Gillivan: FreeeUp processes $60,000 to $80,000 weekly in total volume
“We're doing between 60 and 80,000 dollars in revenue per week.”
Connor Gillivan Jun 24, 2017 ▶ 8:16 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017 bullish
Prediction Not checkable as stated
FreeeUp projects $3M to $4M in 2017 gross volume at 20% take
“That's between three and four top line. So then again, take 20% of that, and they'll give you what the company's actually earning.”
Connor Gillivan Jun 24, 2017 ▶ 12:44 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Disclosure
FreeeUp pays clients a 50-cent-per-hour perpetual royalty on referrals
“So a big thing that we do is we have a pretty awesome referral program where our, all of our clients can refer, free up out to their network or out to other people, and they receive 50 cents for every single hour that's billed to anyone that they refer.”
Connor Gillivan Jun 24, 2017 ▶ 9:55 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Jun 24, 2017
Disclosure
Gillivan: FreeeUp and prior Amazon business are completely bootstrapped
“Totally bootstrapped. Both businesses.”
Connor Gillivan Jun 24, 2017 ▶ 12:11 700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
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