Los Angeles, California – CrossWork.us today formally announced it’s product and service offering (marketplace.crosswork.us) that helps companies launch marketplaces, by combining a mix of senior general business advice/leadership with hands-on technology execution and a full marketplace technology platform. CrossWork provides a ready-to-go, configurable marketplace that sidestep’s many technology development risks.
CrossWork provides a team of senior advisors that have built and taken marketplace companies public. These CEOs and top executives have experience in strategic planning, execution, rapid scale, technology, marketing, business development, sales, finance, and more and understand exactly how to successfully scale a marketplace. CrossWork emphasizes the importance of building a marketplace business not just a marketplace website and the resulting need to have a deep team of business experts. Crosswork.us also provides a team of ex- Goldman Sachs bankers to provide financial guidance and introductions at every stage of the marketplace’s lifecycle if necessary. CrossWork has also teamed up with IBM and Amazon who are providing up to $200k in cloud hosting to CrossWork.us companies.
CrossWork’s goal is to help companies build marketplace platforms that are best positioned to dominate their core or niche markets with the real possibility of achieving billion dollar company valuations. CrossWork.us is leveraging the unique experience of its principals in both achieving billion dollar exits and running marketplaces by taking a hands on approach that focuses on all the key strategy, operations and finance elements required to scale a large marketplace.
CrossWork makes it easy for anyone that is interested in chatting about marketplaces to schedule a call with the team using the URL meeting.crosswork.us
Two of CrossWork’s advisers, former Goldman Sachs bankers, Steve Ogunro and Chris Duffus said, “the marketplace.CrossWork.us “accelerator” effort is a core component of its Future of Work initiative. Significant value is being created for business owners and shareholders in labor/services online marketplaces with multibillion dollar valuations for companies like Uber, Postmates, Upwork, RigUp and more.
It takes the technology team at marketplace.CrossWork.us as little as 14 days and on average 45 days to have a marketplace built using CrossWork’s structured, quick-launch process. CrossWork has recruited some of the world’s best marketplace technology developers with decades of marketplace specific expertise. CrossWork’s marketplace technology team and senior advisors can stay on for the entire life of the marketplace providing a permanent, fully-staffed development team for the marketplace along with a permanent group of senior advisors. Examples of companies that CrossWork team members have been involved with include Cvent, a billion-dollar company that listed on the New York Stock Exchange prior to its subsequent acquisition for $1.6 billion by Vista equity Partners and other marketplaces including Onforce, Home Advisor an IAC company, DMGI/Orchard, Upwork and more companies that have been taken public or acquired.
A company attempting to develop a marketplace itself faces a mountain of business and technology risks. Business risks include critical strategy errors, customer errors, financial errors and major operations setbacks. These errors can lead to business collapse and the vast majority of well-intended marketplace attempts fail. CrossWork’s team helps circumvent these errors. From a technology point of view, for a company attempting a launch without a firm like CrossWork, it can take an average of up to two years to get a production ready platform off the ground, compounded by certain delays and an iterative, lengthy development process.
Potential customers and potential partners (technology development partners, VC firms etc.) can schedule time to talk with CrossWork here: meetings.crosswork.us
See marketplace.crosswork.us for more information.
CrossWork.us is an advisory group focused on growing the most promising companies. We combine elements of accelerators, investment banks, consulting firms and a senior advisory board to drive and support growth.
Company Name: CrossWork.us
Contact Person: John Porter
Email: Send Email
Address:840 Apollo Street, Suite 100
City: Los Angeles
State: CA 90045
Country: United States