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I'm pretty sure that the economics were aligned with getting bought out by someone. Upselling people who used the free product was not making them profitable an
by cwyers 8y ago
I'm pretty sure that the economics were aligned with getting bought out by someone. Upselling people who used the free product was not making them profitable and they weren't on the path to profitable.
- TAForObvReasons 8y agoThe GitHub story is complex. There was a time years ago when they were profitable: https://signalvnoise.com/posts/2486-bootstrapped-profitable-proud-github https://signalvnoise.com/posts/2486-bootstrapped-profitable-... They and Sidekiq were the poster children of bootstrapped profitable businesses around open source. Something very clearly changed (most likely raising a boatload from VC firms and the ensuing perils) that flipped the situation.
- scarface74 8y agoGitHub had thier first round of VC funding in 2012. https://www.crunchbase.com/organization/github https://www.crunchbase.com/organization/github