Andrew Karpie's Blog

Care.com –Another Online Work Arrangement Platform IPOs

On Friday, Waltham MA-based Care.com, an online personal services marketplace platform, completed its IPO on the New York Stock Exchange. On the first day of trading, the share price rose from $17 to over $24, registering a market capitalization of more than $700 million. Investor confidence is certainly running high for an online work arrangement intermediation platform business that — like companies... More

The Work Market-SAP Deal: What Does It Really Mean (for Staffing)?

Work Market recently announced a deal with global enterprise software giant SAP. This deal not only indicates that large enterprises are reaching out and engaging with online staffing platforms to access needed talent, it also demonstrates that there are many new ways in which this can be happening (especially as enterprises more and more adopt flexible, extended workforce models). It shows that online... More