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Gitlab S-1

sec.gov

211–220 of 295 posts

Re: Gitlab S-1

#211
I'm not sure why people support Gitlab when the user experience is so much worse. It's a complete mess of a product with so many bugs as to be nigh unusable.

Re: Gitlab S-1

#212
post #186

Earlier quoted context omitted.

GitHub seems to care about user experience even though they're winning though.

GitHub SAAS consumer experience. It doesn't go as far for users who would like to run their own GH instance as open source. And in some areas GitLab has done better, such as CI.

GitHub enterprise on prem is an offering I thought? Sure it is not open source, or even source available. But they are still trying to compete against GitLab in that space.

Re: Gitlab S-1

#213

One of my favorite company with the true remote/open culture. GitHub is yet to match the features GitLab provides. - Especially small but interesting features such as Group / Sub-group, much mature SDK/API, Better CI, and Web based Folder creation. Competition is healthy, it brings in more benefits for end users.

Personally, I think Gitlab needs to match with features of Github and its reliability.

Re: Gitlab S-1

#214

Earlier quoted context omitted.

twilio is not a developer tool. twilio is a communications company that has great developer outreach

Twilio’s product is an API. The end-user of (most of) their products are developers.

the product is the communications. the people on the phone. reading sms. getting emails. the end user of twilio’s products probably have never heard of twilio and don’t even know their using it

Re: Gitlab S-1

#215

I m in one of the companies they quoted as case study. The lies are so horrible I hesitate to do something: they fucked us completely replacing a wonderful github/teamcity combo, it crashes all the time, features are so amateurish (vs teamcity especially) that we're struggling just to do basic things. I dont know what to do, but public investors should stay away: the product is not ready for people to pay for it. It'…

I'm from another company quoted in a case study and can say the contrary overall.

It does require work to properly scale for a few thousand of people if you run it yourself but it provides a lot of values for our developers to get their work done and require less maintenance than other SCM/CI systems we had to maintain in the past.

Re: Gitlab S-1

#216

Earlier quoted context omitted.

18.9% shares, not bad. Had a chat with him a few year ago at the gitlab booth at Fosdem. Somewhere around 2014 Sytse asked my former coworker to become gitlab’s first employee, working on Ruby code. Completely understand the request, as he’s an excellent DevOps engineer and fine colleague. He declined to opt for a more secure job position ....

FWIW as the first engineer he might have gotten 1% of the stock, which would be worth about $6M. If he's really that good, there is a decent chance his more secure job has paid that much in 7 years, especially if it was with a FAANG company.

i think your math is off. 1% of the stock (assuming that's fully diluted at IPO) would be worth $60M ;-)

Re: Gitlab S-1

#217
post #216

Earlier quoted context omitted.

FWIW as the first engineer he might have gotten 1% of the stock, which would be worth about $6M. If he's really that good, there is a decent chance his more secure job has paid that much in 7 years, especially if it was with a FAANG company.

i think your math is off. 1% of the stock (assuming that's fully diluted at IPO) would be worth $60M ;-)

I was assuming a 10x dilution since they took $845M in funding. :)

Re: Gitlab S-1

#218

> We have been a 100% remote workforce since inception and, as of July 31, 2021, had approximately 1,350 team members in over 65 countries. Operating remotely allows us access to a global talent pool that enables us to hire talented team members, regardless of location, providing a strong competitive advantage. Will be interesting to see how many publicly traded companies are fully remote in 5, 10, 15 years. Especial…

> Will be interesting to see how many publicly traded companies are fully remote in 5, 10, 15 years. I'm willing to take that bet. I've already suggested in numerous places on HN (pre-pandemic) that the commercial real estate market itself is going to collapse in the next 10 years because in a remote economy, office spaces have zero or even negative value, and I do see us gradually moving in that direction. Even task…

Just wondering, how do you convert the large office buildings to residential when (at least in much of the US) a bedroom requires a window? A lot of office buildings have a lot more internal space then anything close to a window. It seems like that leads to long narrow shotgun type apartments.

Re: Gitlab S-1

#219
post #203

I wonder how many other CIA funded companies have gone public. Gitlab is funded by In-Q-Tel which is CIA's version of ycombinator basically[1][2]. 1. https://www.iqt.org/portfolio?&search=gitlab&taxonomy=&tax_i... 2. https://en.wikipedia.org/wiki/In-Q-Tel

Google, Palantir, FireEye, probably a bunch more...What sort of conclusion should we draw from that?

Re: Gitlab S-1

#220
post #216

Earlier quoted context omitted.

i think your math is off. 1% of the stock (assuming that's fully diluted at IPO) would be worth $60M ;-)

I was assuming a 10x dilution since they took $845M in funding. :)

10x dilution seems super high to me, even with 845m in funding.
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