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Fiverr Raises $30M for Online Services Marketplace

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Re: Fiverr Raises $30M for Online Services Marketplace

#21
post #14
post #13

Earlier quoted context omitted.

what kind of logo did you even expect for $35 though?...

Nike's logo cost $35. Twitter's logo cost $15. I honestly didn't expect anything good, despite the satisfaction guarantees and "examples of past work" on the seller's profile. I expected to receive something very mediocre, and I was STILL disappointed.

In these cases, I think its less about the cost of the initial design but the hundreds of billions of dollars in marketing and advertising spent since building the value of the mark in our collective conscience.

Re: Fiverr Raises $30M for Online Services Marketplace

#22
post #14

Earlier quoted context omitted.

Nike's logo cost $35. Twitter's logo cost $15. I honestly didn't expect anything good, despite the satisfaction guarantees and "examples of past work" on the seller's profile. I expected to receive something very mediocre, and I was STILL disappointed.

In these cases, I think its less about the cost of the initial design but the hundreds of billions of dollars in marketing and advertising spent since building the value of the mark in our collective conscience.

I completely agree. I was just making the point that it isn't necessary to spend a lot of money on a logo when bootstrapping. I've had logos created by designers on Elance for around the same cost and been very pleased with the results.

Re: Fiverr Raises $30M for Online Services Marketplace

#23
post #17
post #3

Relevant: my post about my experiences hiring logo designers on Fiverr from last week: https://medium.com/@sachagreif/in-the-past-couple-years-star... (HN thread here: https://news.ycombinator.com/item?id=8152631 )

I've bought a couple of logos as well and have been very happy with the result every time. After the first iteration I would give feedback and they would change it accordingly. I don't care if they based it on a template as long as they deliver something usable (it's $5!). It's either that or use one of the lousy logo generators out there. Even if all they do is manipulating a template it's still better than what I w…

The problem is not if it's a template, it is if they're using someone elses work and passing it as their own

Re: Fiverr Raises $30M for Online Services Marketplace

#24

My prediction: consistent inflation causes Fiverr gigs to consistently decrease in value until they boldly "pivot" to Tenerr in 2020. It sounds like a joke, but seriously, the name of their business does seem like it could have some ramifications in the long run.

I don't disagree, but I've been continually impressed with how "pound shops" (dollar/99 cent stores in the US) have coped between the mid 90s and now. It seems advances in logistics, manufacturing and the ease of international trade have counteracted inflation to a certain point, at least when it comes to the cheap crud those stores tend to sell :-)

Except those shops operate margins based on economies of scale (manufacturing) while fiverr does not (services).

Re: Fiverr Raises $30M for Online Services Marketplace

#25
I see a trend of Hacker News envy emerging: The news of any startup (other than a Y Combinator company) that raises a large sum of money is derided and accompanied by a series of anecdotes of poor experiences.

I think there's so much good discussion to be had about fiverr. They created this huge marketplace for low cost services. They have impressive UI. They provide a win-win for both buyer and seller. They provide a great case study on the foot-in-the-door sales methodology through their impressive upsell system. This is a very unique and original business idea that has been executed very well on many accounts.

Re: Fiverr Raises $30M for Online Services Marketplace

#26
I can see people getting screwed on design/logos. That type of thing is a creative process. I've heard good things about fiverr from colleagues. I haven't used it yet, but plan on it soon for some voice work. I think something like voice work could work well since it's not really open to interpretation like design is.

Re: Fiverr Raises $30M for Online Services Marketplace

#27
post #25

I see a trend of Hacker News envy emerging: The news of any startup (other than a Y Combinator company) that raises a large sum of money is derided and accompanied by a series of anecdotes of poor experiences. I think there's so much good discussion to be had about fiverr. They created this huge marketplace for low cost services. They have impressive UI. They provide a win-win for both buyer and seller. They provide…

And just to add my own personal anecdote, I've had a very good personal experience ordering a design on fiverr. I ordered a logo for just the minimum $5 (FIVE DOLLARS!) knowing full well that I'd have to pay an additional $20 if I wanted the PSD file after. I considered this a relatively risk free way to get a logo concept (I'd pay $5 all day for logo concepts). I actually received two different logos -- both of which were surprisingly good -- and had the option to have one of them edited once more, which I did. I gladly paid for the psd file after. Also, the whole flow of the process through their UI was seamless too.

Re: Fiverr Raises $30M for Online Services Marketplace

#28
post #27
post #25

I see a trend of Hacker News envy emerging: The news of any startup (other than a Y Combinator company) that raises a large sum of money is derided and accompanied by a series of anecdotes of poor experiences. I think there's so much good discussion to be had about fiverr. They created this huge marketplace for low cost services. They have impressive UI. They provide a win-win for both buyer and seller. They provide…

And just to add my own personal anecdote, I've had a very good personal experience ordering a design on fiverr. I ordered a logo for just the minimum $5 (FIVE DOLLARS!) knowing full well that I'd have to pay an additional $20 if I wanted the PSD file after. I considered this a relatively risk free way to get a logo concept (I'd pay $5 all day for logo concepts). I actually received two different logos -- both of whic…

The trouble is that the likelihood of that logo actually being unique is extremely low.

Re: Fiverr Raises $30M for Online Services Marketplace

#29
post #28
post #27

Earlier quoted context omitted.

And just to add my own personal anecdote, I've had a very good personal experience ordering a design on fiverr. I ordered a logo for just the minimum $5 (FIVE DOLLARS!) knowing full well that I'd have to pay an additional $20 if I wanted the PSD file after. I considered this a relatively risk free way to get a logo concept (I'd pay $5 all day for logo concepts). I actually received two different logos -- both of whic…

The trouble is that the likelihood of that logo actually being unique is extremely low.

I remember a HN post (I think) recently showing how most of the logos a guy ordered were ripoffs.

Re: Fiverr Raises $30M for Online Services Marketplace

#30

My prediction: consistent inflation causes Fiverr gigs to consistently decrease in value until they boldly "pivot" to Tenerr in 2020. It sounds like a joke, but seriously, the name of their business does seem like it could have some ramifications in the long run.

They probably won't :) . See: dollar stores

http://en.wikipedia.org/wiki/Dollar_General

edit: also 100 yen stores, etc:

http://en.wikipedia.org/wiki/Variety_store

Fiverr is the digital equivalent.

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