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Gitlab from YC to IPO

blog.ycombinator.com

61–70 of 258 posts

Re: Gitlab from YC to IPO

#61

Earlier quoted context omitted.

Actions are close If not better than Gitlab’s CI. I moved from Gitlab to GitHub Actions because they offer OSX runners too, game changer.

gitlab-runners are also installable on OSX (MacOS)[1] 1. https://docs.gitlab.com/runner/install/osx.html

Yes, if you have OSX boxes available or leverage things like MacStadium but Github allows you to leverage their MacMini farm.

Re: Gitlab from YC to IPO

#62
post #4

Earlier quoted context omitted.

I think it is fair to say Gitlab is already eating Github's lunch. For some time.

Are they? What's the Gitlab market share? Also, it sounds to me like Github is leaving the old lunch of "Git hosting + issue tracking" on the table, and moving on to being a kind of web-based all-in-one full-service collaboration/dev platform with a social network built in. So even if Gitlab picks up some single-digit-percentage market share, that's not what Github cares about anyway.

> a kind of web-based all-in-one full-service collaboration/dev platform with a social network built in.

Why would I want a social network built into my version control & ci/cd pipeline (I assume you're referring to the "stars" feature, and not about issue reporting).

Maybe I'm just a curmudgeon, but I'm sort of sick of everything becoming a social network. I neither have nor do I want internet clout, and all social networks feel like they're trying to force me into "keeping up with the Jones'" in whatever way they're relevant.

Re: Gitlab from YC to IPO

#63

I really like Gitlab, and I wanted to move my team onto their hosted offering, but earlier this year they changed the pricing so abruptly and drastically that it just killed it as an option. It just feels like it does too much, and unless you want to commit to having everyone using it for _everything_ the pricing doesn't seem to make sense.

Same thing happened to me at a previous company: I had just migrated from Github to Gitlab and was planning on getting on the paid plan, when they suddenly did the price bump. Worse of all is that it is not possible to pay monthly (Github allows this). So we got back to Github.

Re: Gitlab from YC to IPO

#64
post #28

Earlier quoted context omitted.

Are you using enterprise Gitlab? I don't think Gitlab is a serious player outside of enterprise clients. But that's where the money is.

This is also where MS pushes Azure DevOps because it is inline with their subscription approach for Enterprise Office, Project Management and DevOps. It is really easy for a company that already pays for Office 365 to add on Azure DevOps. It's a lot less easy for the teams to adopt it, but we all know you sell to the front office, not the back.

Azure assumes you aren't already using AWS.

You can only sell so much to the front office, if it's significantly harder to get things working on Azure, new features are going to ship later if they do at all.

Re: Gitlab from YC to IPO

#66
post #31
post #18

Earlier quoted context omitted.

GitHub has stronger 'social' features and it's better for people who want to connect to other devs or build portfolios. GitLab is years ahead of GitHub for certain stuff (e.g. CI/CD) and IMO it has a better commercial offering for business. I use GitHub as my portfolio profile for free and GitLab in my $JOB. That's my opinion tho, I'm just a person who uses both.

GitHub's CI pipelines are behind GitLab? My lord, here I was thinking about moving to GitHub Enterprise when our subscription expires because everything in GitLab feels like an unfinished weekend project. Seems like nobody can get anywhere near the functionality of Jenkins.

I agree GitLab's CI has many edge cases. More importantly, it feels like they stopped making it better to focus on other stuff.

That said, GH actions is really new and full of imitations / weird stuff as well. I still think GL offers more bang for the buck in 2021.

Another option is using something external like Drone CI, Circle CI, etc... Some of those look nice, but I've never tested myself.

Re: Gitlab from YC to IPO

#67
post #31
post #18

Earlier quoted context omitted.

GitHub has stronger 'social' features and it's better for people who want to connect to other devs or build portfolios. GitLab is years ahead of GitHub for certain stuff (e.g. CI/CD) and IMO it has a better commercial offering for business. I use GitHub as my portfolio profile for free and GitLab in my $JOB. That's my opinion tho, I'm just a person who uses both.

GitHub's CI pipelines are behind GitLab? My lord, here I was thinking about moving to GitHub Enterprise when our subscription expires because everything in GitLab feels like an unfinished weekend project. Seems like nobody can get anywhere near the functionality of Jenkins.

You're looking for TeamCity, https://www.jetbrains.com/teamcity/.

Re: Gitlab from YC to IPO

#68

Have any of the finance minded HN commenters decided if the $10B valuation is justified? I'm usually pretty negative about high valuations, but given their enterprise penetration, this one seems almost reasonable.

First 6 months of this year Gitlab took in $108M in revenue, and had $177M in expenses. Would you pay $10B to own a company that loses $10M/month, with the hopes they will continue to increase revenue in the future and become profitable?

In the 6 months before their IPO - Square had net revenue of $200 million and expenses of $260 million, also losing $10M/month. Would you have paid $3 billion in 2015 to own that business?

If you had you would've had a 30x return today... (current market cap is ~$112 billion).

Re: Gitlab from YC to IPO

#69
post #5

I haven't used gitlab much, but I was shocked to hear GitHub's CTO (at the time of the interview, he has moved on since) state that GitHub didn't consider them a competitor. "I do think that people still, to this day, think of GitLab as one of our main competitors, and I never have ever saw GitLab as a competitor." https://www.lastweekinaws.com/podcast/screaming-in-the-cloud... Anyone have thoughts on that? Or pointe…

While anecdotal, we see a lot of development environments for a lot of companies and the amount using github vs gitlab is like 5 or 6x to 1. So, in that sense I get what the CTO of github is saying.

Re: Gitlab from YC to IPO

#70

Earlier quoted context omitted.

Thats somehow funny, as GH is closed source and GL is open source...

Makes perfect sense to me. Because GL is open source, it can be easily self hosted, which is great for data residency compliance, or specialized security needs.

Self hosting is never easy. If you nerf the GitLab database by doing something unsupported or because of a bug, good luck with that.

Source: an employer of mine nerfed the GitLab database and support to fix it was not an option, so we had to migrate to their cloud offering.

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