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> They have taken money from venture capitalists who will expect a return on their investment via a sale. Or, you know, an IPO. Which is precisely the exit the
by Redoubts 8y ago
> They have taken money from venture capitalists who will expect a return on their investment via a sale.
Or, you know, an IPO. Which is precisely the exit they claim to want:
We want to IPO in 2020, specifically on Wednesday November 18.
https://about.gitlab.com/strategy/ https://about.gitlab.com/strategy/
- skinnymuch 8y agoIs there any word on how big their losses are, assuming they don’t make a profit? GitHub wasn’t making a profit anymore, but they also don’t provide as much for free as Gitlab (not that Gitlab is doing it purely to be nice. It’s a key differentiator for them). I’d imagine Gitlab’a financials are weaker than GitHub. IPO would probably be a lot weaker play than an acquisition. But I’m just guessing.