Fiverr’s Q2 numbers hit a rough patch—revenue dropped 10% year-over-year to $97.78M, and their next-quarter forecast missed analysts by 15%. AI is eating into their bread-and-butter gigs, slashing active buyers by 700K and forcing them to slash full-year revenue projections by 9%. Management’s pivot? Betting big on high-value, complex freelance work—though it’ll take at least six quarters to pay off. They’re investing in smarter matching tech for programming and design gigs, tightening costs, and staying profitable while quietly hoping businesses will outsource the whole enchilada—not just the tacos.
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