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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, December 4, 2021

GitLab Post IPO Valuation



GitLab's stock price has fallen around 30 % from its recent post IPO peak. Along with the entire stock market or at least the technology stocks outside Apple, Microsoft, Amazon, Alphabet and Meta.

GitLab's current market capitalisation is around 12.63 billion USD.

I would say GitLab's market capitalisation could fall to 7 billion USD in the short-term. 

Long-term GitLab's market capitalisation can go as high as 50 billion USD on the promise of cloud computing and its main revenue branch infrastructure as a service, IaaS, where GitLab's main activities span.

Working, gaming, leisure and cooperation are all moving to the cloud. Software coding and the related cooperation as well. And GitLab already has a significant technological edge in the IaaS cloud computing market.

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