Hi again, ProductHunt! As you have heard, work is changing. The freelance economy is growing as the share of work being done by freelance contractors increases. This is good news for companies who now have more choice and access to resources. It's great news for workers who now have more options as demand for freelancing grows. The freelance model allows for freedom and near-real-time flexibility. Freelancers have more control over their career. A big downside to freelancing has been that when freelancers create value for a company they don’t get to fully share in the economic outcome. For companies too, there aren’t easy ways to incentivize freelancers or create alignment. That’s what we want to change. Today we’re announcing Gigster Fund. The goal is to give freelancers on our platform the opportunity to share in the upside from Gigster’s success and to benefit when our clients do well. It fairly aligns everyone. This is the first step, not the last, in making sure that freelancers are taken care of as the nature of work changes.

As a fellow Gigster, this is amazing news! As a freelancer, it's exciting to see some innovation in how businesses and those with skills can connect and work together for mutual upside. Congrats on the launch, and looking forward to see this initiative grow.

Not sure how to feel about this. LifeTime Value is always the most important and most accelerators wouldn't invest in a founder who can't build their own product so maybe this has a shot.

Great opportunity to incentivize freelancers to make great, durable software, rather than just MVPs

This is entirely unheard of in the tech industry and I commend Gigster for their constant strive to support their talented community.

Awesome idea

The site says only 1-2% of the companies will have an opportunity to participate. Let’s say half of them decide to participate which would be 0.5% to 1% of your clients. If you commit 1% of your equity (which might only be 1%-15%) to this fund and that 1% has to be split with others who worked on the project, how much are they really getting? If I am a freelancer, what’s your plan to communicate to me my share/percentage so that I can do my own calculations on whether this is meaningful or not (vs. higher pay)? I think this will be important if I am to consider this a comparable benefit to the 401K as your site implies.

Brilliant