Interestingly enough, GitLab has as an investor, shareholder Credit Suisse AG.
Actually, the team collaboration software development market is actually a duopoly between Microsoft owned GitLab and GitHub.
In my view, GitLab's intrinsic worth is 30 billion USD. Compared to its current 7.8 billion USD market capitalization. If GitLab goes on increasing revenue year on year by 50 % + GitLab's value could actually start jumping higher.
GitLab's business is part of the Infrastructure of a Service market, which is the largest part of the cloud computing market, which many analysts foresee could reach a 700 billion USD a year revenue run rate.
No comments:
Post a Comment