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GitLab published what they're interested in: https://about.gitlab.com/handbook/acquisitions/ https://about.gitlab.com/handbook/acquisitions/. It's an amazing, o
by troydavis 7y ago
GitLab published what they're interested in: https://about.gitlab.com/handbook/acquisitions/ https://about.gitlab.com/handbook/acquisitions/. It's an amazing, one-of-a-kind doc. One of their constraints (https://about.gitlab.com/handbook/acquisitions/#what-we-offer https://about.gitlab.com/handbook/acquisitions/#what-we-offe...) is quite limiting, though:
> The total purchase price of the deal, paid in cash, will not exceed $1M and will be the total and only compensation for the entire deal.
- andrewprock 7y agoThey are looking at companies that: "Raised under $10M total investment funds, last round being over 3 years ago" This implies that in addition to self-funded ventures, they are looking for fire sales from failed start-ups.
- pnako 7y agoIt looks like they're buying (big) features, not complete solutions or companies. That's actually an interesting approach; I'm sure others do that, but maybe not as explicitly. It would allow a small team of hackers to have a decent exit without having to go through the whole startup road.