Websites for freelancers abound on the Internet. From oDesk to Elance to Guru, there’s something for everybody, it seems. And each has its own way of doing business. With the Sydney, Australia–based Freelancer.com, for example, an employer pays a contractor only when he’s satisfied with the work the contractor has done. That could explain why
Based in Menlo Park, CA, oDesk was founded by Odysseas Tsatalos and Stratis Karamanlakis in 2003. It is a platform that lets companies hire and manage remote workers from a global talent pool and pay them on an hourly or fixed rate basis.
Elance is a marketplace which matches freelance design, technical, writing and other professionals with companies that need their services in a timely manner. The company was founded in 1999 by Beerud Sheth and is headquartered in Mountain View, California.
LinkedIn is a professional business networking site founded by Reid Hoffman in 2003. It allows members to showcase their profiles and caters to the age 25-65 professionals demographic. It generates revenues via subscriptions and advertising. Recruiters use the site to tap talent, and is LinkedIn’s primary revenue generating segment. In 2003, LinkedIn secured $4.7 million
Some of you may recall, during the Dotcom days, B:B Exchanges were a hot new concept, which propelled even the car companies to set up one (Onstar.com). Even John Doerr fell for it, and invested in eLance, which was an exchange for Freelancers. Well, like many other concepts that are returning with a web 2.0