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A comment on GitHub Raises $250M at $2B Valuation.

Re:GitHub Raises $250M at $2B Valuation by fideloper on Wednesday July 29, 2015 @06:46PM (#9972102)
What I am tremendously curious about is:

1. Is GitHub Profitable?

2. Is taking on funding ultimately heading towards an IPO? Getting sold? (Not that anyone can predict the future, but "just becoming profitable" isn't really a realistic goal of a VC funded company, right?). Is there a way to find out how much of GitHub is owned by whom?

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Re:GitHub Raises $250M at $2B Valuation by roflmyeggo on Wednesday July 29, 2015 @08:19PM (#9972553)
Ultimately headed towards an IPO? Probably.

How long? Probably a while.

More and more companies are staying private as VC/hedge fund/private equity firm valuations stay high, it's fairly easy to continually raise money through private avenues, etc. There is less of a need to go public for the founders and investors of these backed companies to get rich.

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