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GitLab – A $1B business where all employees work remotely

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Re: GitLab – A $1B business where all employees work remotely

#21

"After starting and selling app store Appappeal, Sid turned open-source software GitLab into a fast-growing venture that is on its way to an IPO in 2020. He took the proceeds from his previous venture, doubled it in bitcoin, and began bootstrapping GitLab.com. Sid got the first few hundred signups through an article posted on Hacker News. Then together with his cofounder applied and got into Y Combinator. The race to…

> Ashton Kutcher

The actor?

Did he start becoming involved in the tech scene after working on the Jobs movie?

Re: GitLab – A $1B business where all employees work remotely

#23
post #21

"After starting and selling app store Appappeal, Sid turned open-source software GitLab into a fast-growing venture that is on its way to an IPO in 2020. He took the proceeds from his previous venture, doubled it in bitcoin, and began bootstrapping GitLab.com. Sid got the first few hundred signups through an article posted on Hacker News. Then together with his cofounder applied and got into Y Combinator. The race to…

> Ashton Kutcher The actor? Did he start becoming involved in the tech scene after working on the Jobs movie?

IIRC he’s been angel investing for quite a while.

Re: GitLab – A $1B business where all employees work remotely

#24
post #5

The first half of the article doesn't even name the business. The name of the business, GitLab, is hidden in the second half of the article. This is an example of a publication optimizing blindly for Google Search Optimization where they want to improve "Time on site" and other data by keeping the readers on the page as long as possible. It's frustrating. Google's algorithm needs to be updated to make it smarter othe…

I noticed this when you google "name-of-movie post credit scene". Not a single result will instantly tell you if this movie has a scene after the credits. It will have a multiple paragraph review of the movie and your answer is hidden somewhere in there. All I want is a simple yes or no answer.

Re: GitLab – A $1B business where all employees work remotely

#25
post #19

Would be interesting to know if they discriminate pay, according to where the person works from. Edit: Further down the page I saw: "Why they pay based on where team members live". That's petty.

That is similar to paying an employee more because they have children and need it more.

Re: GitLab – A $1B business where all employees work remotely

#26

Wordpress is another example, they employ close to 1000 remotely working people (as I heard from a friend working at there).

Automattic is the name of the company. WordPress is the name of the product. Anyway, what I like about GitLab and Automattic is they are agnostic-timezone remote company. You can live in any timezone to work in GitLab or Automattic. Some remote companies only accept certain timezones.

What's most interesting to me is remote + scale.

There are many small remote companies that don't try to scale, as they prioritise just having a nice product that solves 1 relatively simple task very well, while having a comfortable life style for the employees.

But so far there's no remote-first company on the stock market.

Re: GitLab – A $1B business where all employees work remotely

#27
post #21

"After starting and selling app store Appappeal, Sid turned open-source software GitLab into a fast-growing venture that is on its way to an IPO in 2020. He took the proceeds from his previous venture, doubled it in bitcoin, and began bootstrapping GitLab.com. Sid got the first few hundred signups through an article posted on Hacker News. Then together with his cofounder applied and got into Y Combinator. The race to…

> Ashton Kutcher The actor? Did he start becoming involved in the tech scene after working on the Jobs movie?

He's been an investor for quite a while, he even did a few episodes of Shark Tank.

Re: GitLab – A $1B business where all employees work remotely

#28

Earlier quoted context omitted.

I wonder if that tactic actually retains people for longer. I just closed the tab after the first couple of paragraphs, googled his name, and found the information I wanted that way. It seems to be intuitive that if one makes X harder to get via their platform, the user will work harder to get X, but that solution rarely seems to be true.

I hate it almost as much as the ‘soft lede’, where the author decides to spend a few paragraphs describing the weather and kind of jacket the subject of their article is wearing before they get to the point. Maybe it’s SEO, but it just gives me the impression that the author had a failed career as a novelist, and wants to waste my time as an outlet for their creative writing impulses.

Yepppp. I hate these two, and I'm a novelist myself (well, I pretend to be sometimes).

Re: GitLab – A $1B business where all employees work remotely

#29

"After starting and selling app store Appappeal, Sid turned open-source software GitLab into a fast-growing venture that is on its way to an IPO in 2020. He took the proceeds from his previous venture, doubled it in bitcoin, and began bootstrapping GitLab.com. Sid got the first few hundred signups through an article posted on Hacker News. Then together with his cofounder applied and got into Y Combinator. The race to…

I like GitLab, but it would never have occurred to me that such simplistic technology could be a billion dollar product or lead to an IPO.
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