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Gitlab is really open about building to a 2020 IPO "We want to IPO in 2020, specifically on Wednesday November 18. 2020 is five years after the first people go
by ameister14 8y ago
Gitlab is really open about building to a 2020 IPO
"We want to IPO in 2020, specifically on Wednesday November 18. 2020 is five years after the first people got stock options with 4 years of vesting. To IPO we need more than $100m in revenue. To achieve that we want to double Incremental Annual Contract Value (IACV) every year. We focus on an incremental number instead of growth of our Annual Recurring Revenue (ARR) because ARR growth is misleading. So far we achieved the goal of doubling IACV in 2013, 2014, 2015, 2016, and 2017."
- hsribei 8y agoGreat find! Here's the source link: https://about.gitlab.com/strategy/#sequence- https://about.gitlab.com/strategy/#sequence-