Despite a Q3 beat-and-raise, Fiverr faces significant risks from AI competition, volatile traffic, and a shrinking active buyer base. Fiverr's growth is driven by take rate expansion, not sustainable ...
Fiverr's business has been hit by soft demand for freelancers and weakness amongst SMBs. While the macro environment is likely to rebound, AI poses a significant long-term threat to Fiverr's business.
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