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Sources for highly profitable ? According to the linked article they were not and lost >60M in 2016. They could probably still optimise to make a profit, but se
by kayoone 8y ago
Sources for highly profitable ? According to the linked article they were not and lost >60M in 2016. They could probably still optimise to make a profit, but seems like they were struggling a bit with making money.
- wbillingsley 8y agoHmm, looks like that's changed. Back in 2012, they were reported as "profitable nearly the entire way" in their history. https://gigaom.com/2012/07/09/github-finally-raises-funding-100m-from-andreessen-horowitz/ https://gigaom.com/2012/07/09/github-finally-raises-funding-... and more recently there've been articles on their revenues hitting 100m. https://www.cnbc.com/2017/10/11/github-has-a-110-million-run-rate-from-business-products.html https://www.cnbc.com/2017/10/11/github-has-a-110-million-run... but it sounds like their costs have outgrown their earnings. I stand corrected.