Upwork Inc (NAS:UPWK)
$ 11.92 -0.18 (-1.49%) Market Cap: 1.58 Bil Enterprise Value: 1.46 Bil PE Ratio: 34.06 PB Ratio: 4.55 GF Score: 83/100

Upwork Inc at Bank of America Global Technology Conference Transcript

Jun 06, 2023 / 06:20PM GMT
Release Date Price: $9.1 (+7.69%)
Nathaniel Holmes Schindler
BofA Securities, Research Division - Director in Equity Research

Hi, everyone. I'm Nat Schindler, Internet analyst here, obviously, and I've got Hayden and Erica from Upwork. Love to -- these are pretty short, 30 minutes, so we're going to go pretty quick. If you don't know what Upwork does, read a 10-K before you come in here.

Questions & Answers

Nathaniel Holmes Schindler
BofA Securities, Research Division - Director in Equity Research

Okay. So let's just jump right into it. So the overarching topic that is affecting everybody in my space right now and clearly has been affecting you and don't blame me for our specialty sales list of disrupted companies, AI. Let's talk about this a little bit. I think the bear case is pretty simple, that people believe that AI will replace some of the work that freelancers do on your platform. And so there would be less need for freelancers in general. How do you respond to that?

Hayden Brown
Upwork Inc. - President, CEO & Director

Yes.

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