GitLab
about.gitlab.com › press › releases › 2021-10-13-gitlab-announces-pricing-of-initial-public-offering
GitLab Announces Pricing of Initial Public Offering
GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share.
IPOScoop
iposcoop.com › ipo › gitlab-inc-2
GitLab, Inc. | IPOScoop
IPO Buzz · IPO Calendar · IPO Index · IPO Pipeline · SCOOP Ratings · IPOs Recently Filed · IPO’s by Managers · By Industry · Secondary Offerings · Pricings · 2026 Pricings · 2025 Pricings · 2024 Pricings · Last 100 IPOs · Last 12 Months · IPO’s by Managers ·
Gitlab IPO, what are your thoughts, worth buying or overvalued ?
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October 14, 2021GitLab, Valued At $6B+, Eyes Public Listing. Options include SPACs.
ETAC ❤️
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January 17, 2021GitLab More Than Doubles Valuation To $2.75 Billion Ahead Of Planned 2020 IPO
This is the best tl;dr I could make, original reduced by 89%. (I'm a bot)
The round more than doubles GitLab's valuation from its previous funding round, when it was valued at $1.1 billion, a year ago.
Appearing at No. 32 on the 2019 Forbes Cloud 100 list, GitLab is unusual not just for its blunt IPO plans but also for its mostly no-office expansion.
At Goldman Sachs, for example, more than 7,500 people use GitLab on a daily basis, GitLab says.
Extended Summary | FAQ | Feedback | Top keywords: GitLab#1 Sijbrandij#2 plan#3 fund#4 more#5
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September 17, 2019IPO list 2021
12.3m members in the wallstreetbets community. Like 4chan found a Bloomberg Terminal More on reddit.com
What is GitLab’s IPO price?
The IPO price of GitLab is not currently available.
forgeglobal.com
forgeglobal.com › secondary marketplace › explore private companies › gitlab ipo
GitLab IPO: Investment Opportunities & Pre-IPO Valuations - Forge
Has GitLab filed for an IPO?
Yes — GitLab filed an S-1 registration statement with the SEC on September 17, 2021, indicating an active IPO process.
techstackipo.com
techstackipo.com › home › companies › gitlab
GitLab (GTLB): IPO Complete — $9B | TechStackIPO
Can you invest in GitLab pre-IPO?
You may invest in GitLab as it is a public company listed on the NASDAQ with ticker GTLB. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.
forgeglobal.com
forgeglobal.com › secondary marketplace › explore private companies › gitlab ipo
GitLab IPO: Investment Opportunities & Pre-IPO Valuations - Forge
Videos
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From 1 to IPO: Growing the Data Team and Data Culture at GitLab ...
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How GitLab scaled its processes through automation to become IPO ...
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Trump SPAC, WeWork SPAC, GitLab IPO w/ Eric Newcomer + Quick Commerce ...
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Most Exciting IPO At The Moment? GitLab - YouTube
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GitLab goes public on Nasdaq a $10 billion IPO - YouTube
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GitLab goes public on Nasdaq a $10 billion IPO
CNBC
cnbc.com › 2021 › 10 › 14 › gitlab-jumps-in-nasdaq-debut-after-pricing-ipo-above-expected-range.html
GitLab jumps 35% in its Nasdaq debut after code-sharing company priced IPO above expected range
October 14, 2021 - The company, whose code-sharing software competes with Microsoft’s GitHub, raised about $650 million in its IPO, and investors bought additional stock from an entity tied to CEO Sid Sijbrandij.
PitchBook
pitchbook.com › news › articles › gitlab-ipo-valuation-10-billion
GitLab aims for $10B valuation amid growing sales and costs - PitchBook
October 12, 2021 - Developer collaboration platform GitLab has raised its IPO price range to $66 to $69 per share, up from $55 to $60.
Forbes
forbes.com › sites › alexkonrad › 2021 › 10 › 14 › gitlab-reaches-15-bil-market-cap-as-shares-jump-in-ipo
GitLab Reaches $15 Billion Market Cap, Shares Jump 35% After Its No-Office Radical CEO Opts For More Traditional IPO
April 21, 2022 - Update: At its closing price on Thursday, GitLab’s IPO has made Sijbrandij a new tech billionaire, with an equity stake valued at $2.3 billion; in addition, he also sold about $150 million worth of Gitlab shares as part of the company’s offering.
Forge
forgeglobal.com › secondary marketplace › explore private companies › gitlab ipo
GitLab IPO: Investment Opportunities & Pre-IPO Valuations - Forge
November 15, 2023 - GitLab completed their IPO on October 14, 2021 to list on NASDAQ with ticker GTLB. They raised $800.8MM at an implied valuation of $11B.
Yahoo! Finance
finance.yahoo.com › news › gitlab-raises-648m-via-ipo-103332385.html
GitLab Raises $648M Via IPO, Starts Trading From Today
October 14, 2021 - The company had estimated to price the offering at $66 - $69 per share, up from the initially expected $55 - $60 per share range. The IPO includes 1.98 million shares by selling shareholder Sytse "Sid" Sijbrandij.
StockAnalysis
stockanalysis.com › home › stocks › gtlb
GitLab (GTLB) Stock Price & Overview
It also offers the GitLab Duo Agent Platform, which enables intelligent orchestration of teams and AI agents to execute tasks... [Read more] Industry Software - Infrastructure · Sector Technology · IPO Date Oct 14, 2021 ·
TechStackIPO
techstackipo.com › home › companies › gitlab
GitLab (GTLB): IPO Complete — $9B | TechStackIPO
2 weeks ago - GitLab (GTLB) has completed its IPO. Market cap: $9B. Complete DevSecOps platform for software development, securi. Track post-IPO performance and data on
Reuters
reuters.com › business › gitlab-eyes-nearly-10-bln-valuation-ipo-after-boosting-price-range-2021-10-12
Coding platform GitLab lifts IPO pricing range, eyes nearly $10 bln valuation | Reuters
October 12, 2021 - Coding platform GitLab Inc is now targeting a valuation of $10 billion in its U.S. listing after raising the price range for its initial public offering, as demand for high-growth companies stays robust despite recent stock market gyrations.
Business Insider
businessinsider.com › business insider › enterprise › tech › gitlab soared to a $15 billion valuation after its ipo, and its ceo says it has three secret weapons to take on giants like atlassian and microsoft's github
GitLab soared to a $15 billion valuation after its IPO, and its CEO says it has three secret weapons to take on giants like Atlassian and Microsoft's GitHub
October 15, 2021 - But times change, and nobody thinks ... companies to work remotely, the developer tools company soared 35% in its first day of trading as a public company, giving it a market cap of over $15 billion....
Silicon UK
silicon.co.uk › all tech news › enterprise › gitlab raises $800m in successful initial public offering
GitLab Successful Initial Public Offering | Silicon UK Tech News
October 14, 2021 - GitLab had filed the initial paperwork for a public offering on the Nasdaq exchange back in September, which had valued it at $6 billion (£4.4bn) after a secondary share sale in January that allowed employees to sell up to 20 percent of their ...
Ipos
ipos.fyi › home › ipo tracker › gitlab ipo
GitLab IPO Review: How It Went & Stock Performance | IPOs.fyi
GitLab completed its initial public offering on October 14, 2021, trading on the NASDAQ under the ticker symbol GTLB. The company priced its IPO at $77 per share, raising approximately $650 million and achieving a valuation of over $16 billion ...
Reddit
reddit.com › r/stocks › gitlab ipo, what are your thoughts, worth buying or overvalued ?
r/stocks on Reddit: Gitlab IPO, what are your thoughts, worth buying or overvalued ?
October 14, 2021 -
I looked at the financials an dI think gitlab is way over valued. Im surprised they went up to $94 and then ended the day at $103.
They only have about 15,356 paying customers. With their main competitor (Github) has the backing of Microsoft and is able to offer better free tiers. With more than double the amount of users and a lot more paying customers. Github is the defacto loud hosting platform with most open source software hosted there.
Forbes article here
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So I really like GitLab as a company and work with them pretty frequently. If I had to bet, I would say that they are going to continue crushing the market. However, I think the stock is wayyyy overvalued. They've got a market cap of roughly $14 billion and they'll probably do $210M - $220M in sales this year. If we say that sales = revenue (it isn't), their P/E ratio is 63. That's actually higher than one of their competitors Atlassian, who sits around 50. Atlassian's Git product BitBucket is nowhere near as good at GitLab, but Jira is literally everywhere. GitLab's closest competitor is GitHub, owned by Microsoft. Microsoft's PE ratio is in the high 30s but not a great comparison. At least 63 isn't anywhere near as bad as TSLA which sits at > 400. GitLab is losing a ton of money (last year they lost about $200M). Luckily they raised about $800M from the IPO which gives them a few years of runway. My expectation is they will scale engineering and sales to keep up with GitHub. GitHub is extremely strong competition, but not for reasons people typically mention. GitHub is the defacto git repo for almost all open source software. However, they initially neglected the enterprise customers so GitLab has taken a lot of those accounts. In addition, GitLab's CI capabilities are a solid 1.5-2 years ahead of GitHub's. However... GitHub, owned by Microsoft, has more money than you can imagine. Microsoft's strategy is to give their customers that pay for TFS/Visual Studio free GitHub licenses. In addition, Microsoft will give customers hundreds of thousands of dollars in free consulting to help migrate over. GitHub also has a $5/user/month tier. GitLab did away with that tier a year ago because it is unprofitable. Microsoft has so much money, they are currently using those very cheap licenses for more user acquisition. Plus, pretty much every company is a Microsoft customer already so the sales reps have tons of inroads. In addition, Microsoft owns LinkedIn. That means Microsoft knows who works at what company, how to reach them, the skills of the company's employees, and what platforms they use (e.g., if a company has 30 enterprise software engineers for SAP, well, MSFT knows they do a lot of SAP work). That information is extremely valuable to sellers.
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I've used GitHub and GitLab. Between the two they get the job done but I find myself preferring GitHub over GitLab. I just find it to be more finished and easier to navigate. With GitLab I have spent more time trying to navigate between repositories. I honestly had great hopes with GitLab and I do want it to succeed but I personally enjoy using GitHub over GitLab due to how much better the UX/UI is for me.
Yahoo! Finance
finance.yahoo.com › quote › GTLB
GitLab Inc. (GTLB) Stock Price, News, Quote & History - Yahoo Finance
1 week ago - Find the latest GitLab Inc. (GTLB) stock quote, history, news and other vital information to help you with your stock trading and investing.
Moomoo
moomoo.com › news › post › 6221942 › us-ipo-gitlab-a-competitor-of-microsoft-s-github-successfully
U.S. IPO | GitLab, a competitor of Microsoft's GitHub, ...
October 14, 2021 - Operations too frequent. Try again later · Page not found, please try again later · Take me home · Services by Moomoo Technologies Inc
GV
gv.com › news › gitlab-ipo
GitLab’s IPO: On Culture, Tech, and Long-Term Thinking
October 14, 2021 - As GitLab rings the Opening Bell today, I’m absolutely thrilled to be standing alongside the team from whom I have learned so much as we cross this milestone together, taking the long term view. Congratulations to Sid and the entire GitLab team on today’s IPO.
Renaissance Capital
renaissancecapital.com › Profile › GTLB › GitLab › IPO
GitLab: GTLB IPO, Technology - Provides software development and collaboration tools for programmers. | Renaissance Capital
US IPO Weekly Recap: DevOps platform GitLab leads a 7 IPO week 10/15/21
Wikipedia
en.wikipedia.org › wiki › GitLab_Inc.
GitLab Inc. - Wikipedia
5 days ago - On September 17, 2021, GitLab Inc. publicly filed a Form S-1 registration statement for the initial public offering of its Class A common stock. The stock began trading on NASDAQ under the ticker "GTLB" on October 14, 2021. The IPO raised $650 million for the company.