GitLab, the online code repository akin to GitHub is the current rage in software development.
GitLab's strategy seems simple: using open source code base to attract the most forward looking techies, who would use GitLab's platform to create huge amounts of code and thus slowly attract large, blue chip corporations.
Actually, GitLab does have a fresh, new look and the open source alternative does appeal to the brightest minds of today's technology world as evidenced by the long list of not only technology startups, but also many established corporations clientele of GitLab.
GitLab's current market capitlalization is 7.75 billion USD and this compares to the 7.5 billion USD Microsoft paid to acquire GitHub.
Actually, the cloud infrastructure as a service market, IAAS of which online, cloud repositories like GitLab and GitHub are a part of could exceed 300 billion USD in annual revenue 5 years from now.
That is why, I think GitLab is worth 25 billion USD and this value could be unlocked in the next 7 to 10 years.
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