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Gitlab loses one-third of its value after company issues weak forecast

cnbc.com

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Re: Gitlab loses one-third of its value after company issues weak forecast

#11

Post by epolanski »

fletchowns wrote: post #4
arsome wrote: post #2

Too many things in Gitlab feel half-baked, like their requirements feature which is essentially just their issue tracker, no document management, just toss some issues in the bin. And they expect enterprises to pay for it because they checked the feature box. https://docs.gitlab.com/ee/user/project/requirements/

I've had a good experience using GitLab for source code repositories, pipelines, and code reviews. I don't have much experience using it for issue tracking and document management since we use Jira & Confluence for that. For my own hobby projects outside of work the free tier has been great, and it was easy to host my own gitlab runner so that I don't have to pay for CI/CD minutes.

Same here I only had good experience with it and I just can't get used to other PR review UIs.

That being said if I were a CTO I would not buy their services, I think they are too expensive.

Re: Gitlab loses one-third of its value after company issues weak forecast

#12

Post by aynyc »

mkl95 wrote: post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

When was GitLab ahead of GitHub? I've been using both for as long as I remember, I always thought GitLab is more marketing than GitHub. Believe or not, I prefer BitBucket because I don't care much for CI integrations.

Re: Gitlab loses one-third of its value after company issues weak forecast

#15

Post by samspenc »

mkl95 wrote: post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

GitLab increased their prices significantly in the past two years, which resulted in them being less competitive on price than GitHub and others https://about.gitlab.com/blog/2023/03/02/gitlab-premium-upda...

As others have pointed out in comments, their features seem to be incomplete but I think it's their higher price points that pushed users away.

Re: Gitlab loses one-third of its value after company issues weak forecast

#16

Post by mkl95 »

aynyc wrote: post #12
mkl95 wrote: post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

When was GitLab ahead of GitHub? I've been using both for as long as I remember, I always thought GitLab is more marketing than GitHub. Believe or not, I prefer BitBucket because I don't care much for CI integrations.

I remember Gitlab having some features that Github lacked and subsequently ripped off, such as merge queues.

Re: Gitlab loses one-third of its value after company issues weak forecast

#17

Post by agumonkey »

aynyc wrote: post #12
mkl95 wrote: post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

When was GitLab ahead of GitHub? I've been using both for as long as I remember, I always thought GitLab is more marketing than GitHub. Believe or not, I prefer BitBucket because I don't care much for CI integrations.

There was a tiny period where github was a bit stagnant and gitlab felt more capable. Felt a bit like mysql vs postgres. Now I think github got the lead back (slightly simpler UI/workflow). But i don't know much.

Re: Gitlab loses one-third of its value after company issues weak forecast

#18

Post by epolanski »

mkl95 wrote: post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

You made me curious and I checked their financial report.

Gitlab spent 310M of their total 580M$ of operational costs in sales in 2022.

Those seem crazy numbers, I see similar ratios in other financial reports (such as Cloudflare's).

On one side it means that those companies are essentially cash positive the moment they cut sales expenses, on the other hand GitLab imho does not provide enough over some competitors such as GitHub to make me bet on them 10 years from now.

Re: Gitlab loses one-third of its value after company issues weak forecast

#20

Post by imran-iq »

mkl95 wrote: post #16
aynyc wrote: post #12

Earlier quoted context omitted.

When was GitLab ahead of GitHub? I've been using both for as long as I remember, I always thought GitLab is more marketing than GitHub. Believe or not, I prefer BitBucket because I don't care much for CI integrations.

I remember Gitlab having some features that Github lacked and subsequently ripped off, such as merge queues.

also free private repositories, the github free tier used to be very lacking to say the least
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