VWORKER
vWorker was founded in 2001 in Tampa, Florida by Ian Ippolito under the name of Rent A Coder. Ippolito had previously launched the website for sharing the source code of computer programs and wanted to create a platform for intermediating paid programming projects
The type of job board that he had in mind differed from a static-type online bulletin board by being enriched with features that would exclude the possibility that employers give out advance payments for work that does not get delivered when agreed or that does not meet their requirements, and the chance that contractors deliver their work online but never hear back from employers who choose not to pay.These protective features included time tracking software for pay-for-time projects, escrow accounts into which employers place the funds for a job and from which the mediating company pays contractors when the work is delivered, arbitration support for settling disputes, and a double blind rating system from previous employers and contractors for reputation management to build trust and credibility between parties who do not know each other. At the time the features were introduced, Rent A Coder was the first online marketplace to protect both employers and employees with escrowing and arbitration.
The company grew rapidly with the general proliferation of online businesses and was named by the Inc. magazine one of the 5000 fastest growing private companies in the United States in 2007-2010.Contributing factors to its growth were improved technological infrastructures (high-speed internet, open source and rapid development tools), increased competition and demand for expertise not available internally, and the late-2000s financial crisis that made employers look for project-based alternatives to full-time employment, while the smaller number of available full-time jobs in people's immediate physical location made many of them become self-employed or try freelancing to earn additional income.
On April 15, 2010, the site expanded to a hundred new work categories that included, in addition to programming, also graphic design, writing, personal assistance, paralegal work, and others. To reflect the wider site audience, the company changed its name to vWorker, short for "virtual worker".
vWorker was founded in 2001 in Tampa, Florida by Ian Ippolito under the name of Rent A Coder. Ippolito had previously launched the website for sharing the source code of computer programs and wanted to create a platform for intermediating paid programming projects
The type of job board that he had in mind differed from a static-type online bulletin board by being enriched with features that would exclude the possibility that employers give out advance payments for work that does not get delivered when agreed or that does not meet their requirements, and the chance that contractors deliver their work online but never hear back from employers who choose not to pay.These protective features included time tracking software for pay-for-time projects, escrow accounts into which employers place the funds for a job and from which the mediating company pays contractors when the work is delivered, arbitration support for settling disputes, and a double blind rating system from previous employers and contractors for reputation management to build trust and credibility between parties who do not know each other. At the time the features were introduced, Rent A Coder was the first online marketplace to protect both employers and employees with escrowing and arbitration.
The company grew rapidly with the general proliferation of online businesses and was named by the Inc. magazine one of the 5000 fastest growing private companies in the United States in 2007-2010.Contributing factors to its growth were improved technological infrastructures (high-speed internet, open source and rapid development tools), increased competition and demand for expertise not available internally, and the late-2000s financial crisis that made employers look for project-based alternatives to full-time employment, while the smaller number of available full-time jobs in people's immediate physical location made many of them become self-employed or try freelancing to earn additional income.
On April 15, 2010, the site expanded to a hundred new work categories that included, in addition to programming, also graphic design, writing, personal assistance, paralegal work, and others. To reflect the wider site audience, the company changed its name to vWorker, short for "virtual worker".
No comments:
Post a Comment