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Source? I thought the story was that Github was profitable from day 1 in 2008? How did they become unprofitable? Their expenses are servers and people. It s
by chubot 8y ago
Source? I thought the story was that Github was profitable from day 1 in 2008?
How did they become unprofitable? Their expenses are servers and people. It seems that there are an enormous number of companies paying for private repos and that should more than cover their costs.
- RyanZAG 8y agoThey were profitable in 2008, but by 2016 they were running at a loss. https://www.bloomberg.com/news/articles/2016-12-15/github-is-building-a-coder-s-paradise-it-s-not-coming-cheap https://www.bloomberg.com/news/articles/2016-12-15/github-is... I'm guessing it was from corporate mismanagement, overbalooned salaries for initial employees, and probably hiring too quickly to meet demand.
- skohan 8y agoAnd probably to some extent people treating it more and more as a free hosting platform for all types of content.
- y3m 8y agoI put all my cooking recipes and links in a free repo yesterday, published with pages. History of changes, fast, reliable, mobile-friendly. Owns. PR me a recipe man!