Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

forbes.com

Post reply on HN
Print view View original

351–360 of 368 posts

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

#351

Post by nscalf »

sam1r wrote: post #350

Confirming I have used GitLab across 10 different domains/entities/projects & have had zero issues. IMO... both GH + GL are here to stay. Here's how I evaluate how to use for each one. => GitHub = OSS street cred. [You might want to get hired or want to showcase your skills] => GitLab = Business/Enterprise related. [You might want to earn $/make a living... you know.. following your countries' compliancy] FWIW...My t…

Totally agree with this, I think a lot of it stems from Github getting open source code in early and Gitlab having free private repos. I use Gitlab because of that. All of the open source work I did is done through Github.

Ultimately, I'm glad they both exist, my go to is Gitlab though. And I'll be looking closely at their IPO to be an investor.

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

#352

Post by nickjj »

kardos wrote: post #175
Ajedi32 wrote: post #142

Earlier quoted context omitted.

It's the network effect. GitHub was first-to-market. Almost all open source contributors have a GitHub account these days. Many older projects started there long before GitLab was a viable competitor. Now assume you're starting a new open source project. Most of the other open source projects you've seen are hosted on GitHub. Most of the other developers you interact with have GitHub accounts. GitLab has all the same…

I disagree that signing up for an account at gitlab.com is a barrier. Anyone willing and capable to make contributions won't be stymied by that step. There's even a "Sign in with GitHub" button..!

It's a barrier not just because of the sign up process which might only take a minute or less.

It's the ongoing thoughts that go through your mind like using github 99% of the time but having to context switch to a completely different app / UI for that 1 other project that uses gitlab. Unless that 1 project is incredibly useful then most of the time you'll talk yourself out of signing up or even browsing the repo (let alone contribute to it).

It's almost like people who use mailing lists for bug reports. It's such an out of place / cumbersome thing to sign up for vs filling out a github issue that you've done a 100 times already.

The power of familiarity is real. It takes astronomically sized benefits to get people to switch and from what I've seen gitlab has not done that (not because they are bad, it just hasn't happened yet) and the proof is in the results. If they did offer a massively better service than github then people would have already switched for open source projects.

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

#353

Post by ltbarcly3 »

zrail wrote: post #254
ltbarcly3 wrote: post #150

I just want to address 'valuation' quickly for people who may not be familiar with how this is made up. Lets say I have a peanut cart, and in my sack I have 10,000 peanuts. Some sucker comes along and invests in the peanut cart, and I sell him 1 peanut's worth of the cart for $1.00. By the usual rules of 'valuation', the valuation of my sack of peanuts is now $10,000.00. Valuation just means what someone somewhere es…

Yes. All of that said, if you're an insider with equity you'll have access to a 409A valuation, which does take all of that into account when coming up with the number. It's closer to what the market will pay for common stock in a theoretical IPO at the time of valuation. It's definitely not in any way what the market will actually pay in a real IPO.

It's closer, being less, but too often $0 is closer still!

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

#355

Post by sytse »

deskamess wrote: post #183
NicoJuicy wrote: post #171

Is Sytse on vacation? It's the first time I don't see a response from him :p

Possibly SEC rules and/or advice from lawyers to only say anything when needed - they are at or getting to a critical point in the journey. The PR/support staff can run the comments for now.

Funding secured.

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

#356

Post by aarbor989 »

umvi wrote: post #63
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…

> Their integrated CICD is amazing. My company switched to BitBucket in order to pinch pennies, and now I weep when I have to get Jenkins and BitBucket to play nice with each other or to do something. GitLab CI just works , is easily horizontally scalable without paying exorbitant prices for more "agents", etc... I miss GitLab...

My company was using GitHub and then we were purchased by a company using BitBucket and had to switch over. We don't even use the CI/CD features but IMO the BitBucket experience is just horrible overall.

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

#357

Post by lswainemoore »

emilycook wrote: post #283
lswainemoore wrote: post #275

Gitlab is great! Most major downside from my perspective is that the diffing functionality is much worse than Github's. Super slow + resource intensive.

Hi! GitLab employee, we have an epic open here to improve diff performance: https://gitlab.com/groups/gitlab-org/-/epics/1816

Thanks! Glad to hear it. I will be an especially happy camper if this means that file folding works efficiently.

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

#358

Post by irq11 »

orf wrote: post #205
bamboozled wrote: post #70

Earlier quoted context omitted.

https://enterprise.github.com/faq

Yes, a product that is twice as expensive as Gitlab and has like 10% of the features.

So you (like 95% of the commenters here) prefer Gitlab be cause it’s cheap.

Bodes well for the business model. Commodity pricing only works when the market gets bigger as the price goes down. Otherwise, it’s just a race to the bottom.

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

#359

Post by kardos »

nickjj wrote: post #352
kardos wrote: post #175

Earlier quoted context omitted.

I disagree that signing up for an account at gitlab.com is a barrier. Anyone willing and capable to make contributions won't be stymied by that step. There's even a "Sign in with GitHub" button..!

It's a barrier not just because of the sign up process which might only take a minute or less. It's the ongoing thoughts that go through your mind like using github 99% of the time but having to context switch to a completely different app / UI for that 1 other project that uses gitlab. Unless that 1 project is incredibly useful then most of the time you'll talk yourself out of signing up or even browsing the repo (l…

You might be right but it sounds pretty thin. Are developers really roaming the internet aimlessly in search of something to develop on, and decide based on whether it's hosted on github or gitlab? That's not consistent with my experience, I use gitlab, bitbucket, github, gnu savannah, etc, due to various scattered projects and I don't find that the git hosting platform even registers as a consideration when finding projects to contribute to.

On switching -- from GitHub, yes you might need some compelling reasons to go through all that resetup work. Migrating to GitLab from some ageing bespoke system is a much easier choice.

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

#360

Post by emilycook »

irq11 wrote: post #354
themacguffinman wrote: post #321

Earlier quoted context omitted.

He's not astroturfing, astroturfing requires deception.

whatever you want to call it, it’s spammy and more than a little desperate.

Sorry if you find this spammy! It's huge news for us and we all (of course lol) have a vested interest in making sure the company succeeds. Since we don't have Microsoft funding to enable us to throw resources at everything in our backlog, we rely heavily on user experience to help us prioritize. Which just so happens to come up much more organically on sites where devs are more empowered to voice their opinions freely :)
Post reply on HN