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A comment on GitLab sees huge spike in project imports. Parent comment

Re:GitLab sees huge spike in project imports by koboll on Sunday June 03, 2018 @09:33PM (#17223786)
>GitLab is a lot like Firefox, or "Linux on the desktop" in that way. It's what a lot of us want to use, but the less-open but more-polished option has always seemed the more pragmatic choice. But that can change.

I wonder if this move by GitHub is motivated by them seeing this writing on the wall.

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Re:GitLab sees huge spike in project imports by lawnchair_larry on Sunday June 03, 2018 @09:38PM (#17223813)
No, it’s motivated by 5 billion dollars (or whatever the real number is). That’s why people funded GitHub.
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Re:GitLab sees huge spike in project imports by himom on Sunday June 03, 2018 @09:58PM (#17223924)
a16z, Sequoia and friends got their liquidity event from $350+ M invested. Looks like a (probably $3.5+ B) 10x or better ROI, which should help VC’s IRR numbers.

https://www.crunchbase.com/organization/github

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Re:GitLab sees huge spike in project imports by skinnymuch on Sunday June 03, 2018 @10:15PM (#17224017)
Your numbers are a bit off. The fundings were done at roughly $750M and $2B valuations. Still going to be great for investors, but most likely not 10x or better.
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