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http://www.rentacoder.com

  "For startups with limited resources who need to get to market quickly, the tools are all there -- if they have the management skills and the gusto to try them out...Ian Ippolito, runs the online software developer contracting site Rent A Coder. com, [which] uses an escrow system and will jump in when arbitration is needed. "One in 10 projects have a dispute and we offer arbitrations. We don't charge for that," he says, adding that the site facilitates almost 8,000 contracts a month. 'We step in if necessary, test the software code that was developed and look at the project specifications.'"

For the second year in a row, Rent a Coder was honored with inclusion in the INC 5000: a prestigious list of the fastest growing private companies

Rent a Coder...operates a web marketplace where computer programming services can be bought and sold. 7,300 projects, which include website developments and business process automation, are completed every month through the site.  It often makes economic sense to outsource. In some cases, buyers might pay a foreign programmer only 30% of what they would pay a U.S.-based programmer. Plus, they can choose from a pool of 200,000 professionals based on bids and blind ratings.

   "Within the last five years, more small businesses, from travel agencies to boutique motorcycle manufacturers, are taking advantage of inexpensive labor outside the United States. Websites like...Rent A Coder...have made it easier for small businesses to find eager service providers worldwide. [....] Rock Blanco, chief technology officer at Atlas Travel International, a 130-employee travel agency in Milford, Massachusetts, used Rent A Coder last year to find computer programmers to write software to synthesize and analyze customer data. He ended up accepting a bid from a Russian outfit and paid them in three installments as they reached benchmarks in the project. 'I was blown away by the job they did,' he said. The cost was about a third of what it would have been if done locally. 'They also delivered two weeks early.' This was largely due to the time difference, which allowed him and his Russian coders to jointly work on the project 24 hours a day. […] Blanco was so impressed that he recently hired the Russian programmers to do another job."