A marketplace company like Fiverr (FVRR) can, if being perceived as the clear leader, benefit from powerful network effects. We believe that Fiverr is already well on that path, as it is making many moves to keep improving the customer experience and adding products, categories, moving upmarket and expand internationally.
We consider the shares a strong buy, but would wait to actually pull the trigger until there is more clarity about the economic fallout from the coronavirus, which we think is likely to be considerably beyond what markets have priced in yet.