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GitHub Raises $250M at $2B Valuation

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Re: GitHub Raises $250M at $2B Valuation

#2
Github seems to be a pretty good or "safe" investment. Developers have already entrusted them with something as precious as their code itself. They also have pretty clear pathways for being profitable with private repos and so on, I'm not that surprised they are getting a lot of funding.

Re: GitHub Raises $250M at $2B Valuation

#4
post #2

Github seems to be a pretty good or "safe" investment. Developers have already entrusted them with something as precious as their code itself. They also have pretty clear pathways for being profitable with private repos and so on, I'm not that surprised they are getting a lot of funding.

Well many companies are profitable (actually, it's the only prerequisite to stay alive). And arguably, Github isn't profitable enough to fuel its own growth, or they wouldn't need to take $250m from investors in exchange of shares. The question is: is it worth 2 billion dollars? As a developer my guts say yes, but I have no idea what their numbers look like...

Re: GitHub Raises $250M at $2B Valuation

#7
post #2

Github seems to be a pretty good or "safe" investment. Developers have already entrusted them with something as precious as their code itself. They also have pretty clear pathways for being profitable with private repos and so on, I'm not that surprised they are getting a lot of funding.

Sorry to say, but any time I need a private repo I just head to BitBucket. GitHub provides tremendous value, I hope they find a good way to capture some of it.

Re: GitHub Raises $250M at $2B Valuation

#8

Soon, you can commit your genetic code to GitHub, then just do git diff master..offspring to see where your kid got his blue eyes from.

Our children will be taught to do all of their homework in git as the 2040 way of showing work! Github for 6th graders!

Re: GitHub Raises $250M at $2B Valuation

#9
post #5

I <3 github... anyone with more business sense than me care to speculate on what this means for us users?

More censorship to bring repos inline with what is politically correct for a business environment. Enterprises with the big money won't want to have their code on a site that could be associated with anything possibly offensive to anyone.

Re: GitHub Raises $250M at $2B Valuation

#10
Github has already stumbled, and will fall soon. Their gaffes in conduct[1] and content[2] policies are already dividing the community. For a company that has thrived on being a monoculture, this spells doom.

[1] https://np.reddit.com/r/programming/comments/3e5c6f/why_the_... [2] https://news.ycombinator.com/item?id=9966118

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