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GitHub Raises $250M at $2B Valuation

wsj.com

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

#71

Post by [deleted] »

gabesullice wrote: post #57
aakilfernandes wrote: post #7

Earlier quoted context omitted.

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.

I get that when it's just a personal project, but the Github workflow is also very nice to have. When I want a buddy to access my private repo, I just add his/her GitHub user name, I don't need to have them create a BitBucket account. I don't need to figure out how issues and PRs work with BitBucket, etc. It's the network effects and UI that I'm paying for - one UI private or public. Plus, it supports a service I val…

[deleted]

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

#72

Post by gamesbrainiac »

hermanmerman wrote: post #45
gamesbrainiac wrote: post #17

Just $2Bn? Sound a little low to for something like Github.

tablecloth math time: $2bn worth, assuming they're worth 10 times their revenue (let's be generous), that would require $200m in sales. they have 10m users, assuming 1% are paying, that means 100k users for $200m sales, meaning each user must spend 2000 dollars per year at Github. Sounds a little high considering the basic plan is $7/month, but with entreprise sales and growth rate, it sounds feasible.

Sure, I can understand that. But that is based on the notion that Github will stay the way it is, simply a place for collaboration. However, it can amount to so much more, it can spin out its own careers site, like stackoverflow did. The point I'm trying to make is that Github has ludicrous potential, and if you value it based on that 2bn seems rather low.

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

#73

Post by cmelbye »

[deleted] wrote: post #70
calcsam wrote: post #41

Both this piece, and most commenters, seem to miss the point about where Github's value comes from. It's not for being a social identity for programmers, or hosting open-source libraries. Those are worthy pursuits, but from a business perspective mostly serve as marketing. Github is basically Microsoft Word for programmers, and is an essential part of their workflow. Companies that need enterprise functionality aroun…

[deleted]

That's what he was saying. When companies move to enterprise, they pay per-user instead of per-repo.

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

#75

Post by cheald »

darkstar999 wrote: post #12
GauntletWizard wrote: post #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

You seriously think censoring the word "retard" will harm their business?

Well, it cost them my $7/mo. That decision was very disturbing to me - I've always viewed GitHub as a content-neutral platform which provided a code hosting and sharing service. Yesterday's incident seems to signal that they are willing to make political judgments about peoples' code and force their opinions into that code, and I'm just really not okay with that. This wasn't about removing something which posed a legal or material threat to GitHub or its users - this was about controlling expression to force compliance with a political agenda. Which, by the way, GitHub is well within its rights to do, but which I find extraordinarily distasteful.

I'm not willing to say it "will fall soon", but it has substantially damaged my opinion of GitHub as a company, and has diminished my trust in the integrity of their service as it serves the needs of open-source communities.

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

#76

Post by zzalpha »

hkmurakami wrote: post #56
calcsam wrote: post #41

Both this piece, and most commenters, seem to miss the point about where Github's value comes from. It's not for being a social identity for programmers, or hosting open-source libraries. Those are worthy pursuits, but from a business perspective mostly serve as marketing. Github is basically Microsoft Word for programmers, and is an essential part of their workflow. Companies that need enterprise functionality aroun…

So it seems that the true test will whether a shop like HP would adopt Github Enterprise and pay $20/mo/programmer for 50,000 programmers and pay $1mm/mo to Github.

Probably not. No deal at that scale is done at list rates.

But it'd still be a very lucrative deal for GH if it happened.

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

#77

Post by danieltillett »

The most interesting thing about all these massive fund raisings is why. It is almost as if the managers of these companies think we are about to enter a period where raising funds will be impossible, revenue from servicing the startup economy will dry up, and they will need a massive war chest to survive.

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

#78

Post by wslh »

cmelbye wrote: post #73
[deleted] wrote: post #70

Earlier quoted context omitted.

[deleted]

That's what he was saying. When companies move to enterprise, they pay per-user instead of per-repo.

Yes, it was my fault, I am a GitHub customer but never realized they have a specific enterprise option.

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

#79

Post by laxatives »

hrayr wrote: post #16

"The company’s co-founders were inspired by a tech talk given at Google Inc. in 2007 by Linus Torvalds" funny how many successful companies are founded after getting inspiration from a single talk.

"I was inspired by a tech talk", or "I grew up doing this", etc. are better marketing than "I tried a couple things but this was the most successful". Most of these background stories are revisionist.
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