Comments on: oDesk Announces $8M Funding from Benchmark http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/ Startup and Technology News Thu, 24 Jul 2008 13:02:05 +0000 http://wordpress.org/?v=2.5.1 By: Benchmark backed rentAcoder « StewMcT ramblings http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-238858 Benchmark backed rentAcoder « StewMcT ramblings Tue, 03 Oct 2006 08:44:28 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-238858 [...] Techcrunch » Blog Archive » oDesk Announces $8M Funding from Benchmark [...] [...] Techcrunch » Blog Archive » oDesk Announces $8M Funding from Benchmark [...]

]]> By: Sramana Mitra on Strategy » Blog Archive » B:B Exchange: oDesk http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-231935 Sramana Mitra on Strategy » Blog Archive » B:B Exchange: oDesk Fri, 29 Sep 2006 16:46:58 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-231935 [...] Well, like many other concepts that are returning with a web 2.0 varnish, one such is oDesk which has just raised $8 Million. Techcrunch reports: We have watched oDesk grow strongly in a space that was previously heavily dominated by both eLance and Guru. oDesk offers a twist on the old model in a market that is desperate for high-quality development and other IT services. oDesk allows it’s customers to track every aspect of projects and jobs that they post to the marketplace, from sourcing the right talent through to managing your relationships with suppliers. [...] [...] Well, like many other concepts that are returning with a web 2.0 varnish, one such is oDesk which has just raised $8 Million. Techcrunch reports: We have watched oDesk grow strongly in a space that was previously heavily dominated by both eLance and Guru. oDesk offers a twist on the old model in a market that is desperate for high-quality development and other IT services. oDesk allows it’s customers to track every aspect of projects and jobs that they post to the marketplace, from sourcing the right talent through to managing your relationships with suppliers. [...]

]]> By: Serop http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229388 Serop Thu, 28 Sep 2006 17:27:22 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229388 2 Rusy: it's not about name actually, it's all about business model they use and the infrastructure they have. I won't use oDesk for my projects in the nearest future for sure. Interesting points about the subj. can be found here: http://blog.auinteractive.com/adventures-in-outsourcing-rent-a-coder-vs-odesk And I like this list too: http://answers.google.com/answers/threadview?id=747577 Michael, hope to see oDesk in the comming Business 2.0 issues, in Hits & Misses ;) Guess in what part of it?! LOL 2 Rusy: it’s not about name actually, it’s all about business model they use and the infrastructure they have. I won’t use oDesk for my projects in the nearest future for sure.

Interesting points about the subj. can be found here: http://blog.auinteractive.com/.....r-vs-odesk

And I like this list too:
http://answers.google.com/answ.....?id=747577

Michael, hope to see oDesk in the comming Business 2.0 issues, in Hits & Misses ;) Guess in what part of it?! LOL

]]> By: Rusty http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229336 Rusty Thu, 28 Sep 2006 17:03:23 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229336 I myself attempted to launch a professional services/contractor marketplace around the time of the dotcom bubble burst and as one might imagine funding for such models was not available probably due to maket conditions, lack of market maturity, and maybe most importantly my personal lack of access to the funding sources. But, it's interesting to see the attention these service provider networks are now receiving and it would seem that there should be room for a number of them to succeed as relationships are established. Our site still exists although now it's a static directory http://www.MyPro.com It's the perfect name for such a marketplace, maybe now that oDesk is flush with cash they'd like to change their name. I myself attempted to launch a professional services/contractor marketplace around the time of the dotcom bubble burst and as one might imagine funding for such models was not available probably due to maket conditions, lack of market maturity, and maybe most importantly my personal lack of access to the funding sources. But, it’s interesting to see the attention these service provider networks are now receiving and it would seem that there should be room for a number of them to succeed as relationships are established. Our site still exists although now it’s a static directory http://www.MyPro.com It’s the perfect name for such a marketplace, maybe now that oDesk is flush with cash they’d like to change their name.

]]> By: steve http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229328 steve Thu, 28 Sep 2006 16:59:32 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-229328 oDesk model can not compete against the more efficient models of Elance (TechCrunch can't spell their name correctly), Guru and RentAcoder. Buyers want to know what they are going to spend to get a project done. Those with large budgets and larger projects will develop direct relationships for longer term outsourcing relationships. Lastly, oDesk charges twice as much as any of these competitors. Disintermediation is a constant problem and at twice the normal rates charged by others they will be taken advantage of. I also like to check how many VP's a startup can pile into a little company and at six oDesk didn't disappoint. It’s a top heavy company that will burn through cash like the good old days. oDesks alexa statistics don't support the rosy picture painted as well. But hey go ahead and open the floodgates! oDesk model can not compete against the more efficient models of Elance (TechCrunch can’t spell their name correctly), Guru and RentAcoder. Buyers want to know what they are going to spend to get a project done. Those with large budgets and larger projects will develop direct relationships for longer term outsourcing relationships. Lastly, oDesk charges twice as much as any of these competitors. Disintermediation is a constant problem and at twice the normal rates charged by others they will be taken advantage of.

I also like to check how many VP’s a startup can pile into a little company and at six oDesk didn’t disappoint. It’s a top heavy company that will burn through cash like the good old days. oDesks alexa statistics don’t support the rosy picture painted as well. But hey go ahead and open the floodgates!

]]> By: Jean-Louis http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-228168 Jean-Louis Thu, 28 Sep 2006 07:48:18 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-228168 Michael, I don't understand why you're so bullish about this start-up. I have been active in b2b marketplaces for several years (not in the US, in the EU only) with www.bobex.com, and oDesk just seems to me another player in the very competitive US market. I'm not sure they can beat the incumbent players like elance, guru, rentacoder, etc. What is their UPS? All the features you metion are available on those sites too? Anyway, I really enjoy your blog! Michael,

I don’t understand why you’re so bullish about this start-up. I have been active in b2b marketplaces for several years (not in the US, in the EU only) with http://www.bobex.com, and oDesk just seems to me another player in the very competitive US market. I’m not sure they can beat the incumbent players like elance, guru, rentacoder, etc. What is their UPS? All the features you metion are available on those sites too? Anyway, I really enjoy your blog!

]]> By: Dan http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-228054 Dan Thu, 28 Sep 2006 06:29:41 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-228054 Best of luck to oDesk, but i'm not convinced that this per hour/micromanagement approach will lure truly talented contractors. There is much that can be done to enhance the utilisation of the growing body of freelance operators out there, from both a supply and demand perspective., but this is not it.In the short term the high level of demand may support interest in this model but its too 'sweat shop' for mine ......wont go the distance. Best of luck to oDesk, but i’m not convinced that this per hour/micromanagement approach will lure truly talented contractors. There is much that can be done to enhance the utilisation of the growing body of freelance operators out there, from both a supply and demand perspective., but this is not it.In the short term the high level of demand may support interest in this model but its too ’sweat shop’ for mine ……wont go the distance.

]]> By: Murry http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227735 Murry Thu, 28 Sep 2006 03:21:09 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227735 OnForce.com Model is Best for IT services OnForce.com Model is Best for IT services

]]> By: Duncan http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227335 Duncan Wed, 27 Sep 2006 23:51:37 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227335 I'm not sure how you can be bullish Nik...theres more competition out there than eLance and Guru...personally I outsource my personal projects I need help with at Scriptlance. Also I'm not particularly fond of the hourly charging model, I'd much rather work to a set fee so I know what I'm up for from the start, after all what's to stop a contracter saying it took them 20 hours when it really took them 5, and certainly I know from others who use similar services that they also prefer the fixed quote. I’m not sure how you can be bullish Nik…theres more competition out there than eLance and Guru…personally I outsource my personal projects I need help with at Scriptlance. Also I’m not particularly fond of the hourly charging model, I’d much rather work to a set fee so I know what I’m up for from the start, after all what’s to stop a contracter saying it took them 20 hours when it really took them 5, and certainly I know from others who use similar services that they also prefer the fixed quote.

]]> By: Serop http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227025 Serop Wed, 27 Sep 2006 21:18:43 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-227025 Well... http://RentACoder.com - works for years already and they definitely rocks. Nothing to say about primitive oDesk except of a lot of noise they make around. And I have big doubts about effectiveness of their 'hourly rate model' ;) Well… http://RentACoder.com - works for years already and they definitely rocks. Nothing to say about primitive oDesk except of a lot of noise they make around. And I have big doubts about effectiveness of their ‘hourly rate model’ ;)

]]> By: TechCrunch Japanese アーカイブ » oDesk、$8M（800万ドル）をBenchmarkから資金調達 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226983 TechCrunch Japanese アーカイブ » oDesk、$8M（800万ドル）をBenchmarkから資金調達 Wed, 27 Sep 2006 20:58:23 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226983 [...] [原文へ] oDesk [...] [...] [原文へ] oDesk [...]

]]> By: Rex Dixon http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226973 Rex Dixon Wed, 27 Sep 2006 20:54:09 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226973 Money is being tossed around like it's 1996 again! ;) Listen to my prediction on the 7 Minutes with Rex Dixon 9/25/2006 podcast... who knows? I may be right! I think it is a bit absurd though - $8 million for a freakin' consulting firm! Rex Technically Speaking (blog) - http://rexdixon.wordpress.com/ 7 Minutes with Rex Dixon - (cyberears.com) - http://www.cyberears.com/index.php/Show/audio/157 7 Minutes with Rex Dixon - (clickcaster.com) - http://www.clickcaster.com/rex-dixon Money is being tossed around like it’s 1996 again! ;) Listen to my prediction on the 7 Minutes with Rex Dixon 9/25/2006 podcast… who knows? I may be right!

I think it is a bit absurd though - $8 million for a freakin’ consulting firm!

Rex
Technically Speaking (blog) - http://rexdixon.wordpress.com/
7 Minutes with Rex Dixon - (cyberears.com) - http://www.cyberears.com/index.php/Show/audio/157
7 Minutes with Rex Dixon - (clickcaster.com) - http://www.clickcaster.com/rex-dixon

]]> By: lemon obrien http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226944 lemon obrien Wed, 27 Sep 2006 20:41:06 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226944 it was hard to sign up, i kept having to retype the code and re-entery my resume. i don't think it'll work though... it was hard to sign up, i kept having to retype the code and re-entery my resume.

i don’t think it’ll work though…

]]> By: tyler http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226885 tyler Wed, 27 Sep 2006 20:08:20 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226885 It's "its" not "it's." It’s “its” not “it’s.”

]]> By: me2.0 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226400 me2.0 Wed, 27 Sep 2006 16:36:30 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226400 Ovecast: Count me in. What's you idea? Ovecast: Count me in. What’s you idea?

]]> By: ovecast http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226365 ovecast Wed, 27 Sep 2006 16:22:36 +0000 http://www.techcrunch.com/2006/09/27/odesk-announces-8m-funding-from-benchmark/#comment-226365 Anyone want to create a startup today? Anyone want to create a startup today?

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