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Have they ever turned a profit yet? Last I heard they were still losing money in 2017. Not what I would call mature.
by doorbumper 8y ago
Have they ever turned a profit yet? Last I heard they were still losing money in 2017. Not what I would call mature.
- koolba 8y agoI’m pretty sure they’ve been profitable since the first month of private repos.
- hobofan 8y agoAFAIK the timeline of profitability is somewhat like this: - really profitable after introducing private repos - burning quite some money for growth after they took VC money - really profitable again after they changed their pricing to per-seat pricing
- aaron-lebo 8y agoThey lost 66 million as recently as 2016. https://news.ycombinator.com/item?id=13188574 https://news.ycombinator.com/item?id=13188574
- hobofan 8y agoThey introduced the new pricing in the middle of 2016[0]. [0]: https://blog.github.com/2016-05-11-introducing-unlimited-private-repositories/ https://blog.github.com/2016-05-11-introducing-unlimited-pri...
- tomnipotent 8y agoMost companies leave startup status long before they are profitable. It has much more to do with the stability and maturity of the business model and whether it can be scaled.