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    Home»Startups»Hamish Blake launched an Airtasker rival and it’s already being valued at $1 billion
    Startups

    Hamish Blake launched an Airtasker rival and it’s already being valued at $1 billion

    Editor Times FeaturedBy Editor Times FeaturedFebruary 19, 2026No Comments5 Mins Read
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    Hamish Blake been on the lookout for one thing to do after shedding his job as a Hubbl brand ambassador.

    And the comic’s subsequent massive thought is already price greater than $1 billion in accordance with Airtasker CEO Tim Fung.

    Blake has launched a web site known as “Hametasker” providing to do jobs for individuals.

    “We’re on the lookout for individuals who want a top quality job finished for his or her residence, group group or enterprise,” it says.

    “Whether or not it’s building, catering, farm work, occasion planning, enterprise operations, a marriage cake, mechanical repairs, gown making, no matter! – For those who require a talented particular person we’re right here… should you have been going to publish a job on an internet platform like Airtasker from a pair hundred {dollars} as much as say $5,000, then fill out the small print beneath

    However there could also be an alterior motive concerned, because the caveat to “you may get an excellent job finished cheaply” is that “you simply need to be comfortable with us filming it”.

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    ASX-listed Airtasker (ASX:ART), based in 2012, went public in 2021, with cofounder Tim Fung nonetheless on the helm. The odd jobs market is because of report its half-yearly outcomes subsequent week.

    After recognizing Blake touting for job on social media, the Airtasker crew returned fireplace on Wednesday this week, posting a crew member strolling by means of Sydney with an indication saying “Hey Hamish, on the lookout for a aspect hustle? We’ve bought you!” earlier than standing outdoors Listnr, the place Blake hosts a podcast.

    Airtasker’s Instagram publish mentioned “Hey @hamishblakeshotz, we’ve bought loads of duties (55k+) that folks want finished and we predict you’d make an excellent Tasker” (the corporate’s time period for individuals who tackle Airtasker jobs).

    Fung then took issues additional, writing to Blake saying he desires to put money into Hametasker.

    A message for the Hametasker founder.

    $1 you may’t refuse

    The rival CEO is ready to stump up $1 in Hametasker at a $1 billion valuation, making the startup a unicorn earlier than it’s even generated income – or began filming.

    “We consider we’re uniquely certified to make this extraordinarily affordable and not-at-all outrageous proposal,” Fung wrote.

    “We created this area greater than a decade in the past. Earlier than ‘“’market liquidity’ was dinner dialog. Earlier than ‘aspect hustle’ was a LinkedIn character trait. Earlier than individuals casually mentioned ‘I’ll simply Airtask it’.”

    Fung mentioned he believed in Blake’s imaginative and prescient as a result of “You perceive Australians. You perceive leisure. You perceive timing and find out how to make one thing sticky.”

    Byron Airtasker

    He additionally complimented Blake on his firm’s identify, saying “It appears like Airtasker’s charming cousin who moved to Byron and ‘simply desires to see what occurs.’ We love that vitality.”

    Fund additionally purchased some startup hustle to the deal, saying it’s on the desk for simply 24 hours.

    “As a result of someplace in Australia proper now somebody might be posting a job titled: ‘“’Need assistance deciding whether or not to promote a part of my firm for A$1 at a A$1B valuation’,” he wrote to Blake.

    “We’d prefer to bid on that job. If Hametasker goes to be a billion-dollar platform, we’d like to be the audacious
    investor who bought in for a gold coin. Let’s get this job finished.”

    Fung has but to obtain a response,. The Airtasker CEO, who is aware of startup life properly and has additionally ridden public market sentiment in terms of his firm’s share value, says he wished to poke enjoyable at software program and know-how valuations “that don’t actually mirror the fact” amid investor hype round AI and claims that “software program is useless” – one thing that’s additionally hit the share value of Nasdaq-listed Australia unicorn Atlassian, which has seen a two-thirds drop in its valuation over the previous 12 months.

    “Good traders wanting by means of the hype to attain some worth at this level within the cycle,” Fung informed Startup Each day, referring to software program corporations.

    “With regards to AI, there’s some exuberance the place the valuations are in all probability probably not consultant both.”

    Airtasker’s share value has fallen by practically 32% since September 2025 and now sits a $0.26 cents for a market cap of $124 million.

    Maybe Fung can be hoping to attain an funding discount by tipping $1 into Hametasker.

    If Blake’s startup was known as Hametasker.ai, it might probably be valued at $10 billion or extra, with VCs throwing time period sheets at it like Americans throwing dildos at ICE convoys.

    Fung’s letter to Blake





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