Re:Gitlab names Bill Staples as new CEO
by Macha on Thursday December 05, 2024 @07:09PM
(#42334369)
I'm not sure if Jetbrains is bigger than I expected or Gitlab smaller, but it feels to me that Jetbrains wouldn't be able to afford Gitlab.
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Re:Gitlab names Bill Staples as new CEO
by reaperman on Thursday December 05, 2024 @10:19PM
(#42335923)
It would be roughly a merger of equals (1-2 billion either direction), and I'm not sure how that could be financed without JetBrains giving up too much control over their own existing company. Perhaps a bank could extend a private loan if they believed in JetBrains ability to use the merger to grow both sides of the merged company.
Gitlab is worth $10B on the public market right now without an acquisition premium. You're very far.