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So much negativity here regarding the capital announcement. Github got to where it is now from now investment and you want to know the reason why they accepted
by DigitalSea 14y ago
So much negativity here regarding the capital announcement. Github got to where it is now from now investment and you want to know the reason why they accepted such a large amount of capital (it's rather simple), Github are wanting to infiltrate the corporate sector because that's where the money is. Lets be honest the $10 per month I pay for my Github account isn't making any difference, a corporation paying $1000 per month to exclusively use Github to manage their code? Now that's making a difference.
To expand you need cash, take this as a sign that Github is going to expand heavily in every direction. As an avid Githubber I am ecstatic about this, it's a testament to the product and a good sign Github is never going anywhere.
- tatsuke95 14y ago>"a good sign Github is never going anywhere." Right. Because we've never seen a company take a huge VC investment then disappear.
- DigitalSea 14y agoProbably a bit of an overstatement on my part, but how many companies can say they're highly profitable before even getting venture capital? I can't think of any highly profitable companies off of the top of my head that were highly profitable and took VC investment, can you?