Microsoft only paying 7.5 billion for GitHub definitely makes me less confident that GitLab is worth 10 billion.

Much as I personally prefer GitLab, GitHub had a bigger customer base back then than GitLab has now. GitLab may be gaining market share, but it’s mostly eating Atlassian’s portion of the market and not GitHub’s. It’s plausible GitHub undervalued themself in the sale to Microsoft of course, so a careful look at the numbers is required to evaluate the valuation, but the value comparison isn’t a great sign to me.

Separately of course, GitLab might be in line with the valuation of companies on the stock market in general which have ballooned heavily in recent years. Whether that's a bubble or permanent inflation in stock prices then becomes the relevant question to answer, I suppose.

>Microsoft only paying 7.5 billion for GitHub definitely makes me less confident that GitLab is worth 10 billion.

It's worth considering that between 2018 and now, tech valuations have exploded. MSFT is up 300%. QQQ is up 100%. I doubt GitHub is valued anywhere near 7.5B today.

It's also worth noting that projected value is not the same as sale value, so the two aren't that helpful to compare.

GitHub wouldn’t sell for only $7.5b today though, it would probably be in the $25b or higher place. The explosion in valuations, especially in enterprise SaaS stuff over the last few years has been remarkable. I don’t know if that is sustainable or not, but in three years, the metrics have changed significantly.

> Microsoft paid $7.5 billion for GitLab in 2018.

That's a bit of an alternate timeline.

how many users did github have at the time vs gitlab now?