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Timing of the CFO joining is interesting to me. From the S-1, Brian Robins joined GitLab in October 2020, so the desire to go public may have been there but an
by nixgeek 5y ago
Timing of the CFO joining is interesting to me. From the S-1, Brian Robins joined GitLab in October 2020, so the desire to go public may have been there but an IPO is an enormous amount of work and I can imagine goes much better with an experienced CFO at the helm who has done it before. Therefore, "because of COVID" sounds like a contributing factor certainly, but may not be the whole story.
- bink 5y agoIIRC they had announced they weren't going to IPO in 2020 several months prior to that change. So I wouldn't assume they just didn't realize the work involved until October. Maybe they post-poned the IPO earlier in the year because they decided they wanted to find the right person for the job.