"History shows" that when several marketplaces compete, often the weakest ones languish and die, or retreat into niches. We don't have to get abstract about this - it's interesting how if you overlay the rise of FVRR from pretty much nowhere, it's period of rapid growth coincides with the end of FLN's hyper-growth period in 2016.
I think some of the recent signs for FLN are quite positive, but your daily post about how well UPWK/FVRR is doing is a little plaintive. I wonder whether there was some Borders holder insisting that the rise of Amazon meant good things for Borders and other online booksellers back in the 90s ("any day now").
"History shows" that when several marketplaces compete, often...
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Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112558 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 20000 | 1 |
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