Microsoft Is Said to Have Agreed to Acquire GitHub

Re:Microsoft Is Said to Have Agreed to Acquire GitHub by kayoone on Monday June 04, 2018 @01:35AM (#17224939)

Sources for highly profitable ? According to the linked article they were not and lost >60M in 2016. They could probably still optimise to make a profit, but seems like they were struggling a bit with making money.

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Re:Microsoft Is Said to Have Agreed to Acquire GitHub by wbillingsley on Monday June 04, 2018 @06:41PM (#17233292)

Hmm, looks like that's changed. Back in 2012, they were reported as "profitable nearly the entire way" in their history. https://gigaom.com/2012/07/09/github-finally-raises-funding-...

and more recently there've been articles on their revenues hitting 100m. https://www.cnbc.com/2017/10/11/github-has-a-110-million-run...

but it sounds like their costs have outgrown their earnings.

I stand corrected.

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