Fiverr Acquires Online Freelancing Platform, AND CO
Global freelancing platform Fiverr announced today that it is expanding its network. The company is acquiring online freelancing platform start-up AND CO.
Brent Messenger, Global Head of Community at Fiverr, explains how the acquisition will help Fiverr's global "community of doers." Messenger says the two companies will operate separately for the time being.
Messenger also addresses critics of some of Fiverr's subway ads, which some people claimed promoted unhealthy lifestyles. Messenger says that the goal of the ad campaign was to highlight the variety of types of people who make successful entrepreneurs and freelancers.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
