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Gitlab S-1

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271–280 of 295 posts

Re: Gitlab S-1

#271

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…

With their business model, a constant stream of new features is the only thing that pays the bills. Their paid tiers get the new features, and almost all of them eventually wind up in the open product. With a healthy IPO they should be resourced enough to put some extra hands on the backlog. +1 for prioritizing old tickets!

Their paid users also switch to GitHub when they get annoyed by bugs. I did it once myself.

Re: Gitlab S-1

#272
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…

> is the lack of mention of GitLab's co-founder (Dmitriy Zaporozhets) in the stockholders table (p. 148)

Indeed, interesting question. I’d expect that a S1 would clarify Dmitriy Zaporozhets position & role.

Re: Gitlab S-1

#273

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.

For all the work they have done in getting remote-first culture established for large corps, their salary protocol is pretty backward. Normalizing on employee locale adds so many assumptions about the life and lifestyle of the employee and their market that are somewhat unfair to incorporate into compensation. Our company is far smaller, but also been remote-first for almost a decade, and flat salary structure based…

There's nothing "fair" or "unfair" about salaries: it's just an open market. And their strategy is not a winning one. On my last remote job search, I encountered a few companies which were mimicking gitlab's approach (they actually said out loud that gitlab was where they got the idea). Needless to say, I accepted the offer from an American company which offered American salary instead. Three times as much as companies with "gitlab-like" policies offered me.

Re: Gitlab S-1

#274
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…

Well spotted. Based on this wording:

> each person known by us to be the beneficial owner of more than 5% of the outstanding shares of our Class A or Class B common stock; and

It seems that Dmitriy owns less than 5%.

As usual though, the wording in here is unnecessarily opaque and overcomplicated — it's possible there's some other technicality that allows him to be omitted from the list.

Re: Gitlab S-1

#275
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?

What conclusion should we draw...from that list?!

Re: Gitlab S-1

#276
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…

Not all co-founders are co-owners. He likely owns below 5% of shares.

Re: Gitlab S-1

#277
post #258
post #253

Earlier quoted context omitted.

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 P…

> While doing so, you likely noticed how many recruiters are interested in you.

I'd appreciate that more if not for the fact that I regularly get emails and cold calls from recruiters who do the following:

- ...want me for a job that has zilch to do with my skillset. I'm an SRE and a general infrastructure engineer. 90% the jobs I get calls about are for frontend stuff and/or involve languages I've never touched. Want me to maintain a container orchestration platform? Great! Want me to write a bunch of Python scripts to serve as the glue that holds together a complex Rube Goldberg machine? I love doing that! Want me to maintain a set of monitoring systems that alert people according to ever-changing requirements? I can do that. But if you want me to write a UX in JavaScript? Excuse me while I spend the next half hour laughing.

- ...cold call me during work hours. If you do that, I will never do business with you ever again. It's not so bad now that I'm fully remote forever, but when I worked in an office I would straight-up ask some of them "are you trying to get me fired?" before hanging up on them. Usually they cold-call and send an email simultaneously, which is especially ridiculous. With some people I've gotten repeated cold-calls during work hours multiple days in a row, so I spend some time online finding the names of their recruiting firm's head of HR, general counsel, CEO, COO, and any number of executives who look like they might be in this person's reporting chain, use the name format in the email the recruiter sent me to guess their email addresses of said bigwigs, and then send all of them a C&D letter. I've gotten profuse apologies from HR people.

- ...want me for short-term contracts in parts of the US I would never live in if you paid me. Like I'm going to give up my nice house in Dallas and quit my full-time job with fantastic benefits and generous PTO to take a six-month contract with no benefits or PTO in Lansing, MI where there's nothing to do but fentanyl. And I had that problem before I decided I intend to be remote forever and never want to set foot in an office again.

- ...lie to me about jobs being remote. Here's an example: guy cold-called me and sent an email, and normally I would've just hung up on him but I was desparate to find a remote job before my old company made us go back to the office so I listened to him. I told him I'll have to read the email first, and I hung up to read it. He called me back less than five minutes later and asked me if I'd made a decision yet. He told me on the phone the job was remote, but the email said it was just temporary until the end of the pandemic and they insisted that anyone who gets the job relocate to the metro area immediately even before the pandemic is over. I called him on his lie and told him I'll pass because the position isn't full-time remote. He lied again, said "but it's full-time!". I read back the email word for word, and just to get back at him for lying to me I lied to him back and told him I have a medical condition and I'm permanently housebound for the rest of my life. He then said "but what about after the pandemic?". I lied again and said "no, even after the pandemic I'm physically unable to leave my house". He then said "even after the pandemic is completely over?". I had to lie to him further and basically convince him that I'm in an iron lung before he finally agreed I'm not a candidate for the position.

Re: Gitlab S-1

#278
post #267

Earlier quoted context omitted.

How many thousands repos do you have ? We are 10k+ users with many many more repos scattered around the world. But the thing I ll say is the git part is satisfactory. It's the CI part we are livid about. It's not "years in front of the competition" if you think of Teamcity. Github focus on what it does right.

I'd say 5-6k users, and the number of repos is easily between there and 10k on the biggest Gitlab instance I've used. The CI/CD part works well, including for complex multi-project dynamic pipelines. We don't have crashes, ever. > It's not "years in front of the competition" if you think of Teamcity. Github focus on what it does right. The competition for me is the all-in-one solutions like Github and Bitbucket. If y…

I was gonna write a long list of doleances but you know what, Ill give it a chance after all. We re still learning it, we ll figure it out I guess, and if it's cheaper, well, it s more money for shareholders.

Re: Gitlab S-1

#279
post #276
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…

Not all co-founders are co-owners. He likely owns below 5% of shares.

I'm not sure why that would be the case here. Unless, for some reason(s), he has sold most of his share of the company to Sytse, I don't see why Dmitriy would own less stock than his co-founder. Especially considering that Dmitriy has started the relevant open source project prior to Sytse's involvement and then, after the company's formation, has actively participated in technical decision making and software development.

Re: Gitlab S-1

#280

Earlier quoted context omitted.

With their business model, a constant stream of new features is the only thing that pays the bills. Their paid tiers get the new features, and almost all of them eventually wind up in the open product. With a healthy IPO they should be resourced enough to put some extra hands on the backlog. +1 for prioritizing old tickets!

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.

Why would I want to use a bug ridden, poor performing tool?

There are alternatives with less features if you don't need them all.

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