Disclaimer:

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

Monday, April 24, 2023

GitLab Valuation As Of 24th April

 


GitLab Inc, arguably the most comprehensive DevSecOps, shared, git, code repository platform is the leader in team code writing.

Along with Microsoft's GitHub, which was acquired by Microsoft for 7.5 billion USD.

Currently, GitLab's market capitalization is circa 5.00 billion USD. 

And GitLab has clients like NVIDIA, Goldman Sachs, Siemens, UBS.

So either Microsoft's GitHub is overvalued or GitLab is undervalued.

Given the expected size of the Infrastructure as a Service, IaaS market of close to 400 billion USD in annual revenue, a significant part of the 700 billion USD forecasted cloud computing market in 10 years, according to various sources, the potential unlocked value of GitLab is enormous.

I estimate that currently GitLab's intrinsic value is 25 billion USD. And if GitLab's both tailor made and scalable, automated team code production cloud computing strategy is done right, GitLab could be worth more than 70 billion USD in 10 years.



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