Connor Gillivan, co-founder of FreeeUp, contrasts his platform's talent pool focus against competing freelance marketplace Toptal.
0:00 / 0:09exact quote · 9.2s
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“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.”
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More from Connor Gillivan
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 GillivanJun 24, 2017▶ 13:46700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
AssertionNot checkable as stated
Gillivan: Amazon business netted 5% to 10% profit on $20M sales
“So we make about 20 to 30% gross profit margins off of that twenty million dollars in sales. And then usually net profits end up being between five and 10%, depending on how we actually use the gross profits to pay employees and do other things to grow the sto…”
Connor GillivanJun 24, 2017▶ 1:31700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
AssertionNot 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 GillivanJun 24, 2017▶ 8:16700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
AssertionNot 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 GillivanJun 24, 2017▶ 9:10700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
Disclosure
Gillivan: FreeeUp and prior Amazon business are completely bootstrapped
“Totally bootstrapped. Both businesses.”
Connor GillivanJun 24, 2017▶ 12:11700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
PredictionNot 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 GillivanJun 24, 2017▶ 12:44700: With $3,000,000 in Projects Completed, Will He Take Down Upwork and Toptal?
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