Gitlab More Than Doubles Valuation to $2.75B Ahead of Planned 2020 IPO (forbes.com)

Article summary

Gitlab's valuation has more than doubled to $2.75B ahead of a planned 2020 IPO. The company's valuation is being discussed in relation to its competitors, particularly GitHub, which was acquired by Microsoft for $7.5B. Some commenters question whether Gitlab is worth its valuation, while others see potential for growth and independence. Gitlab's plan to go public is also seen as a way to maintain independence and transparency.

Main themes

• Gitlab valuation
• IPO plans
• competition with GitHub
• acquisition speculation
• self-hosting and CI/CD
• community and discovery

What commenters say

• Gitlab's valuation is questionable unless the company plans to strip features from its community edition or expects a major acquisition.
• The company's valuation is reasonable considering its position as a leading competitor to GitHub.
• Gitlab's independence is crucial to its success and a potential acquisition by a large company like Google or Microsoft would be detrimental.
• Some users prefer Gitlab over GitHub due to its open-source nature, self-hosting capabilities, and built-in CI/CD features.
• The ease of use of Gitlab's CI/CD setup is a major advantage over other platforms like CircleCI and Jenkins.
• Gitlab's lack of a strong community and discovery features is a significant drawback compared to GitHub.
• The company's plan to go public is seen as a way to maintain transparency and independence, but some commenters are skeptical about its ability to stay independent in the long term.
• A potential acquisition of Gitlab by a company like Atlassian or Google is possible, but its valuation and growth prospects make it a less likely target.