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Gigster raises $20M from investors including Marc Benioff and Michael Jordan

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Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#21
post #7

> the thousand or so tech workers on its marketplace That seems rather low for a company with 60 employees and 4 years of history, especially considering that only 30% of them are supplied with fulltime work.

This is mostly a puff piece touting their new investment. The idea of "gig" marketplaces isn't exactly revolutionary, and Gigster is far from the only (or best) one. But you would certainly think it is if the only information you had about this space was gleaned from this article. I actually kept looking for the "sponsored article" disclaimer based on how it was written.

Not the first. maybe not the best either, but they are executing well and monetizing. That's what matters.

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#22

A lifetime ago (~17 years) I pitched Michael Jordan on investing in my tech startup. I got the meeting through someone that had previously run one of his golf ventures. While I pitched to Michael himself, his investment decisions at the time were essentially all made by his money manager, a shrewd and difficult guy named Curtis Polk. I believe he still runs Michael's financial affairs. At my meeting with Michael and…

Now I'm curious to know about your startup. Care to share?

[deleted]

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#23

A lifetime ago (~17 years) I pitched Michael Jordan on investing in my tech startup. I got the meeting through someone that had previously run one of his golf ventures. While I pitched to Michael himself, his investment decisions at the time were essentially all made by his money manager, a shrewd and difficult guy named Curtis Polk. I believe he still runs Michael's financial affairs. At my meeting with Michael and…

Now I'm curious to know about your startup. Care to share?

Not really, it ended up burning through millions and eventually crashed. This was at the height of the dotcom era. Not my finest accomplishment.

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#24

Earlier quoted context omitted.

This is mostly a puff piece touting their new investment. The idea of "gig" marketplaces isn't exactly revolutionary, and Gigster is far from the only (or best) one. But you would certainly think it is if the only information you had about this space was gleaned from this article. I actually kept looking for the "sponsored article" disclaimer based on how it was written.

Any insights on what's better than Gigster? Asking for meself.

TopTal.

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#28
Nt really related to gigster specifically or this raise, but…

I would be curious to hear the “BHG” theses from various companies. At a sufficiently ambitious scale, the thesis would have to be tackle some core (and IMO open) questions in economics, the “theory of the firm” family of questions.

One (not the most ambitious) thesis could focusing on standardised tasks, anything from uber to tax returns. Another would be focusing on well defined tasks, like building an app from good specifications.

More ambitious ideas would need to deal with poorly specified (or completely unspecified) jobs. Jobs with substantial creative elements. Jobs with a risk of failure. It would need to deal with cross collaboration.

I don’t know much about this area, but it would be interesting to hear about it.

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#29

Earlier quoted context omitted.

Now I'm curious to know about your startup. Care to share?

Not really, it ended up burning through millions and eventually crashed. This was at the height of the dotcom era. Not my finest accomplishment.

I like your honesty.

It sounds like MJ was right to listen to Curtis. Smart people listen to even smarter people.

Re: Gigster raises $20M from investors including Marc Benioff and Michael Jordan

#30

A lifetime ago (~17 years) I pitched Michael Jordan on investing in my tech startup. I got the meeting through someone that had previously run one of his golf ventures. While I pitched to Michael himself, his investment decisions at the time were essentially all made by his money manager, a shrewd and difficult guy named Curtis Polk. I believe he still runs Michael's financial affairs. At my meeting with Michael and…

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