Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Gitlab S-1

sec.gov

Post reply on HN
Print view View original

251–260 of 295 posts

Re: Gitlab S-1

#251

Post by rmetzler »

alvarlagerlof wrote: post #192
INTPenis wrote: post #148

Earlier quoted context omitted.

Yeah I absolutely support Gitlab and love seeing new projects use Gitlab over Github. But to be fair, they have a massive backlog of issues to fix. Basic issues too, like variables not expanding correctly in CI jobs, or Google not being able to index projects on gitlab.com unless there's another page already linking to it. I've been using Gitlab.com and Gitlab on-prem since 2013 and over the years I've found many of…

No notifications on the platform is a deal breaker for me.

I see notifications for starting Gitlab CI pipelines in Google Chrome on MacOS. What kind of notifications do you want exactly?

I would rather have less notifications, they distract me too much.

Re: Gitlab S-1

#252

Post by pushrax »

josegonzalez wrote: post #241
dreamcompiler wrote: post #225

Earlier quoted context omitted.

What makes you think their new shareholders will tolerate bug fixing? It doesn't generate revenue and hence doesn't contribute to constant growth, which seems to be the only thing that matters to investors these days. And that's why we can't have nice things in for-profit software nowadays.

Bug fixing likely helps with retention, which shareholders _will_ be interested in.

Especially for products with higher levels of network effect.

Re: Gitlab S-1

#253

Post by plafl »

nine_k wrote: post #249
BelenusMordred wrote: post #235

Earlier quoted context omitted.

> Gitlab is one of the pioneers of "remote-first" I once looked at their wages when I was in Asia, they wouldn't even cover my rent working full-time. Until they pay for skill rather than area I'm going to be a sceptic sorry, far better companies to work for.

They apparently can find talent at their current rates. Good for them. But certainly there will be pressure on them and on all others, as US companies start to hire globally, and offer more-or-less US wages.

Is there so much demand in the US that it will impact global wages? I'm not sure.

As a foreigner is not in my interest but I do wonder if, just for the sake of coherence, shouldn't the import of labor be taxated in the same way goods are taxated.

Re: Gitlab S-1

#254

Post by potamic »

greghendershott wrote: post #88
alberth wrote: post #36

I realize plenty of tech companies IPO and aren’t profitable. But it seems scary to be losing more money than what you generated in total revenues. REVENUE: 2021: $152m (loss of $192m) 2020: $81m (loss of $130m) EDIT: reworded for clarity.

I am by no means a finance or investing whiz. But the first thing I like to do is skip ahead to the cash flow statement. In this case https://www.sec.gov/Archives/edgar/data/1653482/000162828021... The income statement, balance sheet, and cash flow are connected; sides of a triangle. Each of the three views alone is potentially misleading. But for an initial impression and quick gut check I like to start with cash fl…

Would you mind sharing a ELI5 of how you go about reading these?

Re: Gitlab S-1

#255

Post by pietjepuk88 »

ablekh wrote: post #231

I think that the most fascinating fact about this upcoming IPO is that, to the best of my knowledge, GitLab is the first remote-only (i.e., no-headquarters) company in the world filing for an IPO. In any case (meaning even if I'm wrong that they are the first), I wish them luck and welcome the competition. It's interesting to see that GitLab has adopted dual-class common stock structure, though I'm certainly not surp…

> I think that the most fascinating fact about this upcoming IPO is that, to the best of my knowledge, GitLab is the first remote-only (i.e., no-headquarters) company in the world filing for an IPO.

"Akshually" that was Coinbase [0]. Although maybe not, because they did a direct listing so not strictly an IPO. Matt Levine talks about both these points in his Feb 25th 2021 Money Stuff newsletter.

[0] https://www.sec.gov/Archives/edgar/data/1679788/000162828021... "Address not applicable"

Re: Gitlab S-1

#256

Post by mucholove »

Does anyone know how Gitlab went from being a Ducth BV to a US Inc?

I see all of the founder's shares and options are owned by Rients.org BV and would love to know a bit more about the structure.

Seems like EU companies eventually become American and I would love to know how :)

Re: Gitlab S-1

#257

Post by ablekh »

pietjepuk88 wrote: post #255
ablekh wrote: post #231

I think that the most fascinating fact about this upcoming IPO is that, to the best of my knowledge, GitLab is the first remote-only (i.e., no-headquarters) company in the world filing for an IPO. In any case (meaning even if I'm wrong that they are the first), I wish them luck and welcome the competition. It's interesting to see that GitLab has adopted dual-class common stock structure, though I'm certainly not surp…

> I think that the most fascinating fact about this upcoming IPO is that, to the best of my knowledge, GitLab is the first remote-only (i.e., no-headquarters) company in the world filing for an IPO. "Akshually" that was Coinbase [0]. Although maybe not, because they did a direct listing so not strictly an IPO. Matt Levine talks about both these points in his Feb 25th 2021 Money Stuff newsletter. [0] https://www.sec.g…

Good point. In that case, it's fair to consider both being the first remote-only/first public companies in respective categories (IPO and DL).

Re: Gitlab S-1

#258

Post by nine_k »

plafl wrote: post #253
nine_k wrote: post #249

Earlier quoted context omitted.

They apparently can find talent at their current rates. Good for them. But certainly there will be pressure on them and on all others, as US companies start to hire globally, and offer more-or-less US wages.

Is there so much demand in the US that it will impact global wages? I'm not sure. As a foreigner is not in my interest but I do wonder if, just for the sake of coherence, shouldn't the import of labor be taxated in the same way goods are taxated.

If you're a software developer, have you tried to find a job in last, like, 20 years? While doing so, you likely noticed how many recruiters are interested in you.

There is a serious deficit of software developers, the industry is striving to hire much more that currently available. If they can now make up their mind and keep hiring remotely, the will market grow a lot, but equally will grow the desires, see Jevons Paradox.

Re: Gitlab S-1

#259

Post by trulyme »

Gigachad wrote: post #195
yibg wrote: post #166

Earlier quoted context omitted.

I really wanted to like gitlab, but have had so many reliability issues. The UI thinking the source branch doesn’t exist, CI jobs not running for hours etc.

Haha that UI branch name thing is hilarious. Everyone at work has the same problem and has had it for the year and a half we have been using gitlab but the gitlab devs insist it doesn't happen for them. You can workaround it by pressing the right arrow at the end of the text.

I've been using GL at work for many years now and while it has many faults (the MR comment/thread/discussion UX is atrocious for example), I don't think I stumbled across this one. What is it about?

(I still like GL, and I much prefer their CI to GH Actions - I just wish they would put more effort in improving existing features)

Re: Gitlab S-1

#260

Post by trulyme »

oweiler wrote: post #159
ModernMech wrote: post #107

Earlier quoted context omitted.

Yes, Gitlab has been leading the way for a while now, consistently introducing new features that Github eventually copies. It's a real testament to the power of competition. I first started using Gitlab due to free private repositories, which Github eventually added. Gitlab had free built-in CI/CD first, and Github eventually followed. I'm still on Gitlab these days despite Github catching up, and still enjoying feat…

Except Github Actions is leaps and bounds above Gitlab CI.

Ha ha, no way. Very basic things (like caching) are riddled with bugs and (undocumented) limitations. Documentation is poor compared to GL, there are much less features and UI is confusing at best. GH needs to do better if they want to compete here.
Post reply on HN