Earlier quoted context omitted.
Eh, they provide a useful service. I wouldn't want to run my own git server.
You don't have to though, that's what makes it so great. Just push with ssh to a directory under /var/www and you're good to go.
GitLab now worth twice what Microsoft paid for GitHub
21–26 of 26 posts
Re: GitLab now worth twice what Microsoft paid for GitHub
#22If it’s about who owns the company, Gitlab got diluted by 25% since GitHub got bought (9%, 11%, and 6% dilutions for last two series and the IPO).
GitHub likely would be worth a lot more today, but this isn’t a fair comparison at all. Especially if you’re on HN and care about founder and employee equity, not VC equity.
Re: GitLab now worth twice what Microsoft paid for GitHub
#23Also, some of the listed "features" are things I would actively prefer not to have, such as "self-managed reliability". Kinda the whole point of me paying that bill is so I don't have to spend time on menial IT bullshit. I want to live in a fantasy where my source control and project tracking is hosted in a perfect way so I can focus on my product and not someone else's.
Of course, "Microsoft bad", so factor that in accordingly as you see fit.
Re: GitLab now worth twice what Microsoft paid for GitHub
#24Earlier quoted context omitted.
Conversely, services that give access to leave/clone via an open protocol like git are the last ones you should worry about lock-in with...right? Unless you get too comfortable with the services' tertiary benefits, and that's not lock in — that's just comfort.
Having all of your issue tracking, docs wiki, build pipelines and more be reliant on a platform Ian or just comfort, it’s lock-in. If you ask a company “can’t we just switch from gitlab to github? Or the reverse, you’ll get a million reasons why it’s a huge task, because everything outside of the repo itself isn’t easily transferred.
A big reason why we are back into timesharing, the free beer is only the thin terminal stuff.
Re: GitLab now worth twice what Microsoft paid for GitHub
#25Partial Resume of Financials:
Operating Income: From a loss of -128 million in 2020 to a loss of -208 million in 2021
Cost of Revenue: Increased from 9 million in 2020 to 24 million in 2021
Free Cash Flow: https://www.investopedia.com/terms/f/freecashflow.asp
From -60 million in 2020 to -74 million in 2021
Results: Wall Street goes wild and values it at 16.5 Billion ( that is with a B) :-)
Peak 2021 Dot-com bubble anyone ?
Re: GitLab now worth twice what Microsoft paid for GitHub
#26Maybe on Wallstreet it's worth more, but I personally don't see much differentiation from a fundamental product standpoint. Source code, PRs and issues are the core of the solution for most. After a certain point, adding more features is going to distract from this. Also, some of the listed "features" are things I would actively prefer not to have, such as "self-managed reliability". Kinda the whole point of me payin…