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Upwork: Summary of Old Reports/ Conference Calls: Difference between revisions
Upwork: Summary of Old Reports/ Conference Calls (view source)
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* Hourly projects have been growing at a faster rate than fixed price projects and the number of hours within those projects has been increasing over time(former CFO Jefff MCcombs, Q4 2021). | * Hourly projects have been growing at a faster rate than fixed price projects and the number of hours within those projects has been increasing over time(former CFO Jefff MCcombs, Q4 2021). | ||
* Upwork 100 report found that the average hourly rate for the top 100 skills in Q3 2019 were $43.72, higher than the average hourly rate of 88 percent of U.S workers and all freelancers average hourly rate of $28. | * Upwork 100 report found that the average hourly rate for the top 100 skills in Q3 2019 were $43.72, higher than the average hourly rate of 88 percent of U.S workers and all freelancers average hourly rate of $28. | ||
== Investor Day 2021 == | |||
=== GSV and client insights === | |||
* Between Q4 2018 and Q4 2019, Upwork client spend retention rate was deccelerating. It was flat between Q4 2019 and Q3 2020. But between Q3 2020 and April 2021, it was accelerating.[[File:Client spend retention rate.png|thumb|940x940px|https://investors.upwork.com/static-files/11fe6ce1-8c50-40e5-9f4e-2710de4e27c8 (page 95)]] | |||
* There was acceleration in GSV among clients acquired each year between 2016 and 2021. | |||
[[File:GSV from clients acquired in year.png|thumb|719x719px|https://investors.upwork.com/static-files/11fe6ce1-8c50-40e5-9f4e-2710de4e27c8<nowiki/>(page 97)]] | |||
* Between Q1 2020 and Q1 2021, there was acceleration in spend from clients acquired from each quarter. | |||
[[File:GSV FROM CLIENTS ACQUIRED IN THE QUARTER.png|thumb|721x721px|https://investors.upwork.com/static-files/11fe6ce1-8c50-40e5-9f4e-2710de4e27c8<nowiki/>(Page 99)]] | |||
== The Upwork 100 report-Q3 2019 == | == The Upwork 100 report-Q3 2019 == | ||