B:B Exchange: oDesk

Some of you may recall, during the Dotcom days, B:B Exchanges were a hot new concept, which propelled even the car companies to set up one (Onstar.com). Even John Doerr fell for it, and invested in eLance, which was an exchange for Freelancers.

Well, like many other concepts that are returning with a web 2.0 varnish, one such is oDesk which has just raised $8 Million. Techcrunch reports: We have watched oDesk grow strongly in a space that was previously heavily dominated by both eLance and Guru. oDesk offers a twist on the old model in a market that is desperate for high-quality development and other IT services. oDesk allows it’s customers to track every aspect of projects and jobs that they post to the marketplace, from sourcing the right talent through to managing your relationships with suppliers.

Well, an interesting exercise would be to go through VentureSource and find all the deals that got funded during the Dotcom days, and see for which, the time has finally come.

I have a few in mind, so if you are an entrepreneur looking for an idea, ping me!

This segment is a part in the series : B