Posts Tagged ‘Yahoo!’

Freelancer.com founder a business winner in 2013

Friday, January 3rd, 2014
Photo credit; Snap on Flickr

Photo credit; Snap on Flickr

Freelancer.com founder Matt Barrie has been named a business winner on Yahoo! Finance Australia’s list of business winners and losers for 2013.

Barrie enjoyed one of the year’s most successful IPOs when shares in the online freelancing network shot as high as $2.60 on their first day.

Coming off a 50 cent issue price, the Freelancer frenzy briefly made the company a billion-dollar concern.

Barrie holds 46% of the company and, even with Freelancer shares now trading around $1.30, his stake is still worth approximately $260 million.

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