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EP46: Freelancer Marketplaces & Building Gupshup for over 16 years {Beerud of Elance & Gupshup}
Manage episode 273961041 series 2770978
EP46: {Beerud Sheth, Founder of Elance & Gupshup}
On this episode I speak with Beerud Sheth, who was the co-founder & CEO of the poplar freelancing work platform Elance in 1998, that is now Upwork. Beerud went on to found Gupshup a could messaging platform that has seen its share of twists and turns in the messaging and communications space since 2004 and now processes over 4 billion messages a month. Beerud joined us from his home in California for this chat.
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
→ Don’t forget to subscribe to the Newsletter via stars.substack.com so that you can receive future podcast releases delivered to your inbox!
→ Full episode of the podcast is available on my YouTube Channel
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Elance was co-founded by Beerud who moved to the US after graduating from IIT Bombay, to pursue his Masters at MIT followed by a stint in investment banking on Wall Street. Elance was the poster boy of the freelancer economy. Beerud was the CEO and top executive till 2007 and later a board member until the merger with Odesk in 2014.
Gupshup is among the cloud messaging platforms in the world with revenue upwards of Rs. 600 crore and has over 39,000 businesses including Ola, Flipkart, Zomato, HDFC, Google, Paytm. Processes over 4.5 billion messages a month and recently expanded their services to South East Asia, Middle East and Europe.
Hope you enjoy the episode!
Stay tuned & stay Safe!
- V @varunvummidi
Timeline:
00:00 - Introduction
05:08 - Founding Elance
08:00 - Solving for supply
10:33 - Managing challenges building a marketplace
12:45 - Solving for Remote Work
14:20 - Took 6 months to build the business case for Elance
16:02 - Meeting co-founders & raising money
17:51 - Stock Markets were irrational in the 2000s that helped with fund raising
18:23 - Raising over $ 62M for Elance & the Odesk merger
19:50 - Transitioning out of Elance
23:28 - Reasons Gig Work is gaining popularity & the moment is now
27:23 - Gupshup - messaging & communication
30:21 - Messaging is the original super app
36:01 - iMessage Vs RCS
38:45 - Gupshup IP messaging
40:51 - Resident Message apps on OEMs
45:40 - Next phase of Messaging
48:30 - Mobile SPAM
51:25 - Plans & Hiring
57集单集
Manage episode 273961041 series 2770978
EP46: {Beerud Sheth, Founder of Elance & Gupshup}
On this episode I speak with Beerud Sheth, who was the co-founder & CEO of the poplar freelancing work platform Elance in 1998, that is now Upwork. Beerud went on to found Gupshup a could messaging platform that has seen its share of twists and turns in the messaging and communications space since 2004 and now processes over 4 billion messages a month. Beerud joined us from his home in California for this chat.
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
→ Don’t forget to subscribe to the Newsletter via stars.substack.com so that you can receive future podcast releases delivered to your inbox!
→ Full episode of the podcast is available on my YouTube Channel
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Elance was co-founded by Beerud who moved to the US after graduating from IIT Bombay, to pursue his Masters at MIT followed by a stint in investment banking on Wall Street. Elance was the poster boy of the freelancer economy. Beerud was the CEO and top executive till 2007 and later a board member until the merger with Odesk in 2014.
Gupshup is among the cloud messaging platforms in the world with revenue upwards of Rs. 600 crore and has over 39,000 businesses including Ola, Flipkart, Zomato, HDFC, Google, Paytm. Processes over 4.5 billion messages a month and recently expanded their services to South East Asia, Middle East and Europe.
Hope you enjoy the episode!
Stay tuned & stay Safe!
- V @varunvummidi
Timeline:
00:00 - Introduction
05:08 - Founding Elance
08:00 - Solving for supply
10:33 - Managing challenges building a marketplace
12:45 - Solving for Remote Work
14:20 - Took 6 months to build the business case for Elance
16:02 - Meeting co-founders & raising money
17:51 - Stock Markets were irrational in the 2000s that helped with fund raising
18:23 - Raising over $ 62M for Elance & the Odesk merger
19:50 - Transitioning out of Elance
23:28 - Reasons Gig Work is gaining popularity & the moment is now
27:23 - Gupshup - messaging & communication
30:21 - Messaging is the original super app
36:01 - iMessage Vs RCS
38:45 - Gupshup IP messaging
40:51 - Resident Message apps on OEMs
45:40 - Next phase of Messaging
48:30 - Mobile SPAM
51:25 - Plans & Hiring
57集单集
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