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GitHub lost $66M in nine months of 2016

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211–220 of 594 posts

Re: GitHub lost $66M in nine months of 2016

#211
post #3

The thought of losing Github to the startup graveyard is kind of scary. It was bad enough to lose Google Code and when SourceForge had their "great purge" of inactive projects.

> It was bad enough [...] when SourceForge had their "great purge" of inactive projects.

What purge? I'm personally aware of some projects which are still on SourceForge which haven't been touched in >10 years. If there was a purge, it must have been limited to projects with no activity whatsoever.

Re: GitHub lost $66M in nine months of 2016

#212

You know, I can't say I'm surprised. When github first started, it was just about code. Nothing else. Then they started with all the identity politics crap. As soon as a company starts parroting political messages like "white middle managers have no empathy" instead of, you know, building good tools, I know it's time to find another solution. I was a paying customer, and when github got into the political game, I dro…

Bingo. Let "DailyKos" deal with "Social Justice". Let GitHub deal with source code management.

Re: GitHub lost $66M in nine months of 2016

#213

Earlier quoted context omitted.

Got a rigorous analysis anywhere backing the assertion that GitHub's failures are due to '"inclusive" practices'?

Do YOU have any rigorous analysis that "inclusive" practices like insulting white people by saying "white middle managers can't have empathy" in internal company presentations increases profitability and success at a company?

Nope, but I didn't make that assertion, so you appear to be strawmanning.

Re: GitHub lost $66M in nine months of 2016

#214
post #111

Earlier quoted context omitted.

Got a rigorous analysis anywhere backing the assertion that GitHub's failures are due to '"inclusive" practices'?

Well, I wrote about the problem some time ago albeit very briefly. https://blog.dijit.sh/moving-away-from-github

Thank you for providing substantive information about the internal workings at GitHub.

Re: GitHub lost $66M in nine months of 2016

#215
post #190
post #157

Earlier quoted context omitted.

I agree with the idea that venture capitalists alter ("distort" is a loaded term) the market in their favor. That's part of the natural process of systems commoditizing their complements. But I really think that you characterize this in an uncharitable way with your example, which I have difficulty believing as it was stated. If your lead really understood that they would "immediately earn a 5x return with no risk",…

Perhaps you live in a world different from mine, but what you describe as "cartoonishly foolish" behavior I consider completely standard. Customers refuse to spend 5000 to make 20.000 all the time, or they're willing to waste weeks finding a different vendor that can offer the same for 3000. Others are willing to walk away from a great deal unless they get a discount, but are content with a tiny discount. Because a d…

> Because a discount to them signifies a moral victory, or that they're not being taken advantage of, or they simply want to believe they're great negotiators or something like that. I don't get it, but I have seen it often enough for it not to be unusual.

Then why not raise your price to $99, and let them negotiate you down to... $35?

Re: GitHub lost $66M in nine months of 2016

#216
post #190

Earlier quoted context omitted.

Perhaps you live in a world different from mine, but what you describe as "cartoonishly foolish" behavior I consider completely standard. Customers refuse to spend 5000 to make 20.000 all the time, or they're willing to waste weeks finding a different vendor that can offer the same for 3000. Others are willing to walk away from a great deal unless they get a discount, but are content with a tiny discount. Because a d…

I live in the same world as you. My business has a proven model for digital publishers that generally increases their yield 2-4x yet they refuse to spend the percentage needed to make the deal happen. Sometimes pride can be so large...spend 5k to make 50k? No thanks..lol

Have you had success overcoming that? I suspect a rational counter won't win over an irrational objection. But will an irrational plea (eg play to their ego) work?

Re: GitHub lost $66M in nine months of 2016

#217
post #190

Earlier quoted context omitted.

Perhaps you live in a world different from mine, but what you describe as "cartoonishly foolish" behavior I consider completely standard. Customers refuse to spend 5000 to make 20.000 all the time, or they're willing to waste weeks finding a different vendor that can offer the same for 3000. Others are willing to walk away from a great deal unless they get a discount, but are content with a tiny discount. Because a d…

I live in the same world as you. My business has a proven model for digital publishers that generally increases their yield 2-4x yet they refuse to spend the percentage needed to make the deal happen. Sometimes pride can be so large...spend 5k to make 50k? No thanks..lol

As someone who has operated in the world of digital advertising, this may have more to do with the fact that so much bullshit has been slung at both advertisers and publishers that there is an incredible amount of skepticism about advertising products.

Re: GitHub lost $66M in nine months of 2016

#218
post #190

Earlier quoted context omitted.

Perhaps you live in a world different from mine, but what you describe as "cartoonishly foolish" behavior I consider completely standard. Customers refuse to spend 5000 to make 20.000 all the time, or they're willing to waste weeks finding a different vendor that can offer the same for 3000. Others are willing to walk away from a great deal unless they get a discount, but are content with a tiny discount. Because a d…

I live in the same world as you. My business has a proven model for digital publishers that generally increases their yield 2-4x yet they refuse to spend the percentage needed to make the deal happen. Sometimes pride can be so large...spend 5k to make 50k? No thanks..lol

[deleted]

Re: GitHub lost $66M in nine months of 2016

#219
post #60

Earlier quoted context omitted.

We'll just move the code to gitlab. Git allow us to do it almost painlessly (well, with a missing issue backlog). It's not a big deal.

99% of the value of github is the user interface, not the mere fact that it's a hosted git repository.

99% of the value of Github is that nobody wants to bother using anything else

Re: GitHub lost $66M in nine months of 2016

#220
post #96
post #19

I can't find the blog post, but some blog wrote a while ago why VCs invest in companies like Github. TL;DR -- basically it provides infrastructure for other startups. The business itself may not be a great business due to the amount of cost it takes to run it -- but it's necessary for the running of other ventures. Sort of like highways and non-toll bridges.

Except as pointed out in the article, the massive increase in spending was fairly frivolous. They spent crazy money on a new huge office, threw big parties, and sent their employees traveling everywhere. They also doubled their headcount, when I think we can all agree that they haven't had a surge in volume or features that merits that many new employees. There's no reason that GitHub couldn't be run profitably if th…

I thought before they accepted VC money, they were profitable?
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