Live data from Hacker News

Gitlab loses one-third of its value after company issues weak forecast

cnbc.com

91–100 of 220 posts

Re: Gitlab loses one-third of its value after company issues weak forecast

#92
post #66

Earlier quoted context omitted.

I feel your pain, we all get used to super cheap development services. But now - well - there is no free lunch as they say, and I think we should stop demanding much for nothing. Would they make money on $5 accounts? Does github make money on $4 accounts? Is it a sustainable pricing model or more like a “growth grab” which is not valued that much in 2023.

But the cheaper competitors still exist… One thing I think is underrated is convincing students/hobbyists/personal users who then take those preferences/skills into the work place, that funnel seems especially useful when it comes to tooling. Gitlab seems to be missing that price point/market

I find it a mixture of frustrating and amusing the services (and software) that sell enterprise level packages but won't accept anything more than "free" from me either personally or my (tiny) business. I don't even need support - I just want to provide support. Just stick a Stripe charge form on there and say "best effort tech support" or even "no private support / forum only" and take my money damn it. :)

Re: Gitlab loses one-third of its value after company issues weak forecast

#93
post #69

Earlier quoted context omitted.

While you might not value it, GitLab’s CI story was for a long time way better than GitHub and even a number of dedicated CI/CD providers. If you want to build and deploy microservices from a monorepo independently based on what changed in a PR, for instance, then GitLab supports that out of the box whereas you need to hack something together yourself on Buildkite. GitHub actions has significantly reduced the gap, an…

Meh, there is something to be said for having "anything" over "nothing", but as with many of GitLab features, you inevitably found yourself deep down some years old issue of theirs to find why something is broken or obviously nonsensical. That's before they went batshit insane on development of even more unfinished stuff, while the core ergonomics (Lint CI button anyone?) continue to border on unusable. Ironically Gi…

Just give it a little more time and GitHub Actions will have feature creep too.

Re: Gitlab loses one-third of its value after company issues weak forecast

#94
Personally I only care about GitLab because its open source with a good CI and because of Copilot.

If the supreme court says the copilot is fully legal, I would probably just revert to using Github for personal projects(their free tier is just unbeatable), i still use it more than anything else, because everything is on Github.

I am excited about Gitea Actions[1], as I feel gitea is generally only missing a decent CI system, and codeberg is growing fast.

1. https://blog.gitea.io/2022/12/feature-preview-gitea-actions/

Re: Gitlab loses one-third of its value after company issues weak forecast

#95

Gitlab pricing used to be something like $4/mo and they saw incredible growth. They raised their rates to $19/mo and now are seeing slow growth. In April they are raising to $29/mo- not sure what they think is going to happen. Also, for anyone that actively watches, they have to wonder if there will be another price hike once you are on their platform. Github Enterprise is only $21/mo and for most users it has all th…

At $29 * 7 * 12 per year it became way cheaper for us to just piece together functionality we needed from nginx+cgit+homegrown database to store users/repos/acl/push info and a few git hooks written in a few lines of PHP. The cost is now independent of the number of developers using the system.

So far it did cost ~1 month of paying for github in dev time and I can't imagine it costing much more when we'll want to add some automation on top of the list of accepted pushes/ref updates, for which we did not have a need for so far.

Certainly beats installing 1GiB debian package of selfhosted gitlab and having to figure out why some stupid ruby service is eating increasing amounts of hundreds of MiB of RAM on an empty gitlab instance while doing nothing at all.

That's $2.5k/yr that can be put into something else.

When developers do operations... I guess. :D

Re: Gitlab loses one-third of its value after company issues weak forecast

#96
post #40

Earlier quoted context omitted.

There was an attempt to bring a distributed forge architecture to gitea and co. The idea being the project could be hosted on one instance but you could fork to your own to do your work before PRing back to the project. Github but bring your own. I believe the project died out but it was a good idea. All the benefits of Github without the lock in and single point of failure.

Yeah, that would have been really good... Too bad it doesn't seem to have come to nothing.

It looks like gitea supports running a proc_receive hook which can be used to implement pull requests over git:// using a client like https://git-repo.info/en/

(full disclosure) I had written a proof of concept implementation that allows you to use the git-repo.info client to send PRs over git protocol, which you can find here https://github.com/pullreqr/pullreqr_githook

The primary impediment seems partially to be social/coordination where distributed git requires clients to be set up apriori, but it does work in cases where you are using it in house, etc.

I'd kind of be happy to spend more time on it, but with no one actually running the protocol publicly, there is no one to send/receive PRs to or from.

Re: Gitlab loses one-third of its value after company issues weak forecast

#97

Earlier quoted context omitted.

It is especially annoying because of how transparent they are about it. You can follow along in merge requests and issues as they discuss exactly this.

Why does transparency annoy you?

It's tone deaf and borderline anti-social. To see more about what can go wrong with "open company" practices, look at the Gittip/GratiPay saga. https://geekfeminism.fandom.com/wiki/Gittip_crisis

Re: Gitlab loses one-third of its value after company issues weak forecast

#99
post #10

What happened to Gitlab? They used to be one step ahead of Github in some areas, then seemed to go full enterprisey and lost their competitive edge. I smell some sales oriented strategies.

You made me curious and I checked their financial report. Gitlab spent 310M of their total 580M$ of operational costs in sales in 2022. Those seem crazy numbers, I see similar ratios in other financial reports (such as Cloudflare's). On one side it means that those companies are essentially cash positive the moment they cut sales expenses, on the other hand GitLab imho does not provide enough over some competitors su…

Without knowing anything my guess is that they give big discounts to large accounts and write that off as sales/marketing cost. Only that it doesn't work because if you don't give me that price again I'll just pull the plug.

This only works if you have no competition.

Re: Gitlab loses one-third of its value after company issues weak forecast

#100

Earlier quoted context omitted.

It is especially annoying because of how transparent they are about it. You can follow along in merge requests and issues as they discuss exactly this.

Tbf 99% of other companies are still doing that, just not in the open. It's a business, their goal is to make money. I kind of like that they're willing to let everyone see into the nitty gritty details of how they do that.

> just not in the open

And that makes it less awkward.

Post reply on HN