Upwork Inc. (UPWK)

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Executive summary slide · 80%

We estimate it will have more than ~$575 million of available capital to allocate during that period. This represents almost 50% of Upwork's current market capitalization.

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Frameworks 2

capital-allocation-framework 80%

Advocating for share buybacks based on free cash flow projections.

governance 90%

Demanding board declassification and refresh.

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This is page 5 of a shareholder letter, likely from an activist investor.