News for hackers. Stuff that matters.

A comment on Gitlab S-1.

Re:Gitlab S-1 by JohnWhigham on Friday September 17, 2021 @01:30PM (#28568286)
Our recent growth may not be indicative of our future growth, and we may not be able to sustain our revenue growth rate in the future. Our growth also makes it difficult to evaluate our future prospects and may increase the risk that we will not be successful.

I don't know why I thought Gitlab was completely private, but...welp, see ya later Gitlab. I'm looking forward to see what revenue you can squeeze out of customers from afar, without me on the platform.

[ Parent | on HN ]
Re:Gitlab S-1 by whoisjuan on Friday September 17, 2021 @01:46PM (#28568537)
Every S-1 in existence says that. Why people always share this excerpt when an S-1 is listed here in HN?

Just look back at any S-1 post and there's always somebody who shares it. Why? Do they really think they are illuminating someone else with the most boiler-plate phrase in the existence of S-1 filings?

[ Parent | on HN ]
Re:Gitlab S-1 by dec0dedab0de on Friday September 17, 2021 @01:36PM (#28568385)
Even if they go broke and get taken over by a completely evil group tomorrow they will have left behind a very nice open source project.
[ Parent | on HN ]
Re:Gitlab S-1 by bradstewart on Friday September 17, 2021 @01:34PM (#28568350)
Pretty much every S1 ever has similar language. Do you refuse to use any public company products?
[ Parent | on HN ]
Re:Gitlab S-1 by kuresov on Friday September 17, 2021 @01:43PM (#28568493)
This verbiage is present in basically every S-1 and quarterly filing, if not verbatim, then very close.
[ Parent | on HN ]
Re:Gitlab S-1 by MattGaiser on Friday September 17, 2021 @01:33PM (#28568336)
Most financial filings are filled with cover your ass statements like this.
[ Parent | on HN ]
Re:Gitlab S-1 by throw03172019 on Friday September 17, 2021 @01:47PM (#28568551)
Correct. The Robinhood disclosures were a fun read with Dogecoin trades (meme coin) being a large portion of their revenue.
[ Parent | on HN ]
Re:Gitlab S-1 by spullara on Friday September 17, 2021 @01:31PM (#28568305)
What does completely private mean? Do you mean bootstrapped?
[ Parent | on HN ]
Re:Gitlab S-1 by JohnWhigham on Friday September 17, 2021 @01:33PM (#28568338)
Yeah, not VC-funded. Stupid mistake on my part given the industry we're in
[ Parent | on HN ]
Re:Gitlab S-1 by mikepurvis on Friday September 17, 2021 @01:46PM (#28568543)
They're literally a YC company: https://www.ycombinator.com/companies/gitlab
[ Parent | on HN ]