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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

Sunday, June 26, 2022

GitLab's Open Source Approach Value


GitLab is basing on open source code writing its cloud based code repository.

GitLab's code repository ensures via seamless teamwork, collaboration and cooperation quality software code and GitLab's product is used by NASA, Siemens, Goldman Sachs among other established companies.

Actually, the secret sauce in GitLab's code repository is the company's usage of open source code.

How to put a value on open source code?

Marc Andreessen, if I remember correctly proposes assigning a value of 1 million USD for every software developer a company employs.

And open source can lean on the shoulders of millions of programmers.

So potentially the open source strategy to software application creation, if executed correctly has almost limitless value.

Regarding GitLab, in my personal opinion the company could end up being worth more than 100 billion USD 12 years from now.



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