Liz Gannes

Recent Posts by Liz Gannes Launches Freelance Transcription and Translation Market publicly launches today as a service where people can enlist freelancers to quickly transcribe and translate their content.

Rev.comInterestingly, the company was founded by employees No. 3 and 4 at oDesk, the remote-work marketplace, and was funded by oDesk investor Venky Ganesan (who just joined Menlo Ventures). It raised $4.5 million led by Globespan Capital last year.

What’s different about Rev from oDesk, according to CEO Jason Chicola, is that the service abstracts out the people doing the work.

Rev transcription and translation is done by freelancers, but customers don’t have to manage those relationships like they do on oDesk.

Though companies paying to outsource this kind of work is a pretty common arrangement via services like CrowdFlower, Chicola said he thinks Rev can stand out by “creating the best work-from-home environment” to attract talented freelancers and by delivering super-fast services to customers.

Rev audio transcription costs $1 per minute, and it’s usually turned around within a day. Translation costs $0.12 per word.

Chicola said translators can expect to earn $20 to $30 per hour and transcribers $7 to $15 per hour.

Rev had been in testing for more than a year under the names FoxTranslate and FoxTranscribe.

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik