added by sari · updated 9mo ago
Braintrust raises $18M to build fairer model for freelancers
- Braintrust serves the increasing demand for freelancers - they can aggregate the demand because it's a no-fee model. We can finally unbundle the trillions of dollars in the W2 stack.
from Braintrust’s Founders on How to Run a Decentralised Marketplace by Li Jin
sari added
- Braintrust does have a revenue model in the form of taking a % - they take 10% from employers. The innovation here is replace the middleman with software and use a token to incentivize community behavior like inviting talent, inviting clients. Braintrust doesn't spend $ on marketing - the core innovation is taking cost of acquisition to zero by giv... See more
from Braintrust’s Founders on How to Run a Decentralised Marketplace by Li Jin
sari added
- The simple idea behind Braintrust is that it is a talent network that charges Clients an industry-low 10% fee and actually pays Talent a negative take rate by rewarding them with tokens, and that the only way for those things to change is for the users who would be impacted to vote to change them.
from Braintrust: Fighting Capitalism with Capitalism by Packy McCormick
sari added