Micha Kaufman on public markets
From Starting & Scaling Fiverr With Micha Kaufman | EM Group Chat #212 · · Everything Marketplaces
“The public market is basically pendulum. It either under values you or over values you, but it rarely fairly values you. Because it's a little bit of a herd mentality with investors, and most of them are very short-sighted. And if you view this as a grading system or a scoring system to how well you're doing, then you're going to be miserable.”
On , Micha Kaufman, CEO Chairman & Founder at Fiverr International, spoke about public markets during Starting & Scaling Fiverr With Micha Kaufman | EM Group Chat #212 on Everything Marketplaces.
About Micha Kaufman
Micha Kaufman, founder and CEO of Fiverr, appeared on the Everything Marketplaces Group Chat #212 on May 19, 2026, to discuss the company's founding, evolution, and approach to artificial intelligence. Kaufman described Fiverr's original concept as shifting from time-based to outcome-based work, stating that "the job market and the way we value work is shifting from time-base, you pay per hour, to outcome-base." He noted that public market valuation is often unreliable, calling it "a pendulum" that "rarely fairly values you." Regarding AI, Kaufman said that while it makes individuals more powerful and efficient, "it makes all of us more powerful and efficient, which means that it gives none of us any advantage." He added that AI "allows us to discover our humanity again because it forces us to define what makes us unique." Kaufman also reflected on the role of naivete in entrepreneurship, saying that "being naive makes you do both silly, but also super ambitious things" and that knowing too much about the odds of success could make one "my own worst enemy." He encouraged founders to maintain curiosity and courage, stating, "I don't care what you know, I care what you learn."