Re:GitLab now worth twice what Microsoft paid for GitHub
by skinnymuch on Monday October 18, 2021 @04:33AM
(#28903345)
Microsoft’s stock has tripled while also giving out a dividend the entire time.
If it’s about who owns the company, Gitlab got diluted by 25% since GitHub got bought (9%, 11%, and 6% dilutions for last two series and the IPO).
GitHub likely would be worth a lot more today, but this isn’t a fair comparison at all. Especially if you’re on HN and care about founder and employee equity, not VC equity.
If it’s about who owns the company, Gitlab got diluted by 25% since GitHub got bought (9%, 11%, and 6% dilutions for last two series and the IPO).
GitHub likely would be worth a lot more today, but this isn’t a fair comparison at all. Especially if you’re on HN and care about founder and employee equity, not VC equity.