With Upwork gaining access to capital markets, and Fiverr potentially not far behind, there is scope for one or the other to be looking at FLN to cement their leads.
Note Upwork has revenues from non-freelancer activities that are in long term decline, so they will be motivated to grow market presence. Their size in the USA fits well with FLN scope internationally.
Fiverr has penetration at the low end, most comparable to the FLN competitions business. They have a good fit with FLN's higher spend business.
Either would be unassailable with FLN's scale bolted on, in my view.
And both would find it a long march to duplicate that scale organically.How the directors would respond to an approach is unknown.I suspect they would consider an offer that excluded Escrow.com, if it was sufficiently generous or gave them an ongoing decision making role., but less likely a price anywhere near current. It would have to be eye opening.
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