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I don't see how it's worth that much unless their plan is to strip all features from gitlab community or expect a Google acquisition.
by sieabahlpark 7y ago
I don't see how it's worth that much unless their plan is to strip all features from gitlab community or expect a Google acquisition.
- ocdtrekkie 7y agoI mean, with GitHub's price being 7.5 billion, it's not outrageous as one of their leading competitors. I also was feeling like a Google acquisition wasn't impossible, they did move their entire platform to Google Cloud recently. Microsoft and Google seem on pretty good terms lately, but right now, a lot of Google's public projects are posted on a Microsoft code hosting platform. I could see a day where Google says they need their own, buys GitLab, and moves over everything.
- ianlevesque 7y agoWhy would they do that after shutting down Google Code?
- ocdtrekkie 7y agoGoogle Code wasn't modern/competitive, seemingly had nobody working on it internally, didn't have a business model of any kind, etc. Why launch a new messaging service after shuttering... like ten of them? Just because a company shuts down a product doesn't mean they'll never want to have a product in that category again. Especially a company known for regularly having multiple overlapping products.
- jacquesm 7y agoI'd love for Gitlab to stay independent. Of course that is risky and who am I to deny the founders a billion dollar windfall but I feel that such critical resources should not be acquired by the likes of Google, Amazon or Microsoft who already have much more power than they should have.
- i_cant_speel 7y agoUnfortunately, the fact that you feel that way is exactly why it's a good decision for Google or Amazon to buy them.
- jacquesm 7y agoThe other side hopefully gets a say in that as well. Either way, I'd have peace with it, that's just my personal preference.
- emilycook 7y agoHi! GitLab employee, our plan is to go public by 2020 [1][2]. I trust Sid our CEO to stay transparent about this (worked with him personally, this isn't just blind company loyalty lol), and he does a company-wide AMA very frequently where he talks about going public. So I think we will stay independent, or at least won't get acquired easily. [1] https://about.gitlab.com/handbook/being-a-public-company/ https://about.gitlab.com/handbook/being-a-public-company/ [2] https://about.gitlab.com/company/strategy/#goals https://about.gitlab.com/company/strategy/#goals
- arunc 7y ago> a lot of Google's public projects are posted on a Microsoft code hosting platform Curious to know what that platform is.
- umeshunni 7y agoGitHub
- mcintyre1994 7y agoGithub?
- deleted 7y ago[deleted]
- peterwwillis 7y agoOh it'll get acquired eventually, the question is when, and at what price, and by whom? How valuable is a Github competitor if nobody's leaving Github to use it? I don't see Google being interested; they know it won't make any money but from corporate users, and corporate users don't take Google Cloud seriously. Someone like Atlassian might be interested if they didn't already have 5 CI/CD solutions.
- auiya 7y agoI'd submit most of the bigger players could (and probably have) simply build their own comparable versioning system for cheaper.