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Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

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Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#82

Post by petercooper »

Does anyone know why GitLab hasn't taken off so much amongst open source projects?

I have no horse in the race (indeed, I'd love for there to be more variety in this space) but one of my jobs is to link to open source repos and I've just checked.. and the last one I linked to was in December 2018. In the niches I cover, almost no-one seems to actually using GitLab for their open source repos.

Lest you think it's just me, compare https://news.ycombinator.com/from?site=github.com to https://news.ycombinator.com/from?site=gitlab.com .. the first is packed with projects posted here on a daily basis. The latter? 13 project links in about 50 days.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#83

Post by YorickPeterse »

dcchambers wrote: post #27

Does Gitlab release user statistics? I am curious to know how many active users they have.

As far as I know we don't have any recurring reports on data like this, though I think we may have mentioned it in the odd blog post in the past.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#84

Post by dsumenkovic »

0xffff2 wrote: post #69
kimjongtrill wrote: post #64

kind of wish they had kept it a little more lightweight. been running v7.10.5 as a personal repo on a small-ish sized vps. went to upgrade/migrate to a newer version the other day and the recent versions crash out on the same host configuration. i eventually got it up and running but it was sluggish and nearly unusable. sticking with v7.10.5 for now but i will probably switch to gogs or something similar soon.

Sluggish and nearly unusable describes every experience I have ever had with GitLab.

Thanks for the feedback. We are working hard to improve performance and memory consumption of GitLab. We have two major projects underway, switching to Puma [1] as well as reducing the overall memory consumption of GitLab [2].

You can follow along on some of the progress we are making in each release post in the "Performance Improvements" section. For 12.2 you can see we had 58 MR's related to performance.

[1] - https://docs.gitlab.com/omnibus/settings/puma.html

[2] - https://about.gitlab.com/handbook/engineering/development/en...

[3] - https://gitlab.com/groups/gitlab-org/-/merge_requests?scope=...

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#85

Post by boleary-gl »

ko3us wrote: post #44

We’ve been using Gitlab for 4 years now. What got us initially was the free private repos before github had that. We are now a paying customer. Their integrated CICD is amazing. It works perfectly for all our needs and integrates really easily with AWS and GCP. Also their customer service is really damn good. If I ever have an issue, it’s dealt with so fast and with so much detail. Honestly one of the best customer s…

GitLab employee here. Thanks so much for the kind words - I shared it on our internal Slack as a #thanks [1] to the whole team (and specifically our support engineering group who I agree are AMAZING).

[1] https://about.gitlab.com/handbook/communication/#say-thanks

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#86

Post by madamelic »

petercooper wrote: post #82

Does anyone know why GitLab hasn't taken off so much amongst open source projects? I have no horse in the race (indeed, I'd love for there to be more variety in this space) but one of my jobs is to link to open source repos and I've just checked.. and the last one I linked to was in December 2018. In the niches I cover, almost no-one seems to actually using GitLab for their open source repos. Lest you think it's just…

Corporate usage.

GitHub is the standard so pretty much everyone has a GitHub account, companies ask for GitHub accounts on applications, it's the hub currently.

GitLab is the superior product in all regards, but GitHub has the network.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#87

Post by s_dev »

dpflan wrote: post #47
s_dev wrote: post #34

Earlier quoted context omitted.

Because Microsoft paid for GitHub -- since GitLab is well positioned to compete with GitHub, cash rich companies like Apple or Google could be interested purely to keep up the Jones's.

Thanks. Do you have any insight into MSFT's strategy for GitHub? I assume it helps make it seem developer friendly, data-mining, identifying projects/new ideas of value and validation, and is part of their becoming more of a cloud company strategy.

> Do you have any insight into MSFT's strategy for GitHub?

Between LinkedIn and GitHub they probably have the best data for identifying great devs/engineers as well as encouraging future devs to use their products. Soft power.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#88

Post by snarf21 »

0xffff2 wrote: post #74
snarf21 wrote: post #67

Earlier quoted context omitted.

I think both valuations are too high but there it is. Enterprise is hot right now and some people are anti-MS. Also, Gitlab allows on prem which is a huge issue for some orgs. Also, it seems that Gitlab's all remote teams have a much lower cost structure and will allow for easier profitability. I guess we'll see.

Github also has on prem offerings.

I stand corrected. Historically they didn't.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#89

Post by joshlambert »

kimjongtrill wrote: post #64

kind of wish they had kept it a little more lightweight. been running v7.10.5 as a personal repo on a small-ish sized vps. went to upgrade/migrate to a newer version the other day and the recent versions crash out on the same host configuration. i eventually got it up and running but it was sluggish and nearly unusable. sticking with v7.10.5 for now but i will probably switch to gogs or something similar soon.

Hi - thanks for the feedback, we aren't where we want to be with performance. We are working hard to improve responsiveness and memory consumption, and have a recently started a team focused on just these aspects to accelerate the improvements. You can read more about the rationale here, including stories like yours: https://about.gitlab.com/2019/09/13/why-we-created-the-gitla...

One of the major projects the team is working on, is to switch from unicorn to puma: https://docs.gitlab.com/omnibus/settings/puma.html

We are also continuing our broader effort at improving performance each release, for example in 12.2 we had 58 MR's focused on performance improvements: https://about.gitlab.com/2019/08/22/gitlab-12-2-released/#pe...

Hopefully you will start to feel the impact of these investments soon.

Re: Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO

#90

Post by [deleted] »

snarf21 wrote: post #67
wolco wrote: post #54

Earlier quoted context omitted.

Wouldn't that put them at 40% of github's value. Giving that github's brand is more valuable this is pie-in-the-sky vc math. Ready to be ipoed and written down to a 1/10 of the value in 2 years.

I think both valuations are too high but there it is. Enterprise is hot right now and some people are anti-MS. Also, Gitlab allows on prem which is a huge issue for some orgs. Also, it seems that Gitlab's all remote teams have a much lower cost structure and will allow for easier profitability. I guess we'll see.

[deleted]
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