Fiverr ( NYSE: FVRR ) reported a solid Q4 earnings in mid-February and their 2021 revenue guidance of 46-50% continues to demonstrate strong performance, albeit at a decelerating pace from 2020 levels (source: company presentation ). With a massive run-up in the name prior to Q4 earnings, it's no surprise the stock has retracted from the ~$320 highs and has moved towards $200. Despite the significant pullback, valuation continues to remain a little lofty at ~26.8x 2021 revenue, or ~15x my 2023 revenue estimate (assuming 30-35% growth in 2022 and 2023). Fiverr is one of the leaders in providing a platform for freelance workers to connect with buyers. Given their software platform model, gross margins remain quite high at nearly 85%. The global pandemic caused the freelance and gig economy to rapidly grow over the past year as individuals who lost their full-time positions looked for alternative income.