4 ms·
>GitLab is a lot like Firefox, or "Linux on the desktop" in that way. It's what a lot of us want to use, but the less-open but more-polished option has always s
by koboll 8y ago
>GitLab is a lot like Firefox, or "Linux on the desktop" in that way. It's what a lot of us want to use, but the less-open but more-polished option has always seemed the more pragmatic choice. But that can change.
I wonder if this move by GitHub is motivated by them seeing this writing on the wall.
- lawnchair_larry 8y agoNo, it’s motivated by 5 billion dollars (or whatever the real number is). That’s why people funded GitHub.
- himom 8y agoa16z, Sequoia and friends got their liquidity event from $350+ M invested. Looks like a (probably $3.5+ B) 10x or better ROI, which should help VC’s IRR numbers. https://www.crunchbase.com/organization/github https://www.crunchbase.com/organization/github
- skinnymuch 8y agoYour numbers are a bit off. The fundings were done at roughly $750M and $2B valuations. Still going to be great for investors, but most likely not 10x or better.