Gitlab Inc, the online code repository collaboration cloud essentially service is undervalued.
The current hype is artificial intelligence, AI, but the computer algorithms, complicated a lot, are executed in the cloud. So AI is cloud computing and cloud computing is AI. Both AI and cloud computing need each other to thrive.
Gitlab's valuation, given the current AI frenzy deserves a Price/Sales multiple of 30, which will give Gitlab intrinsic value, according to Wolfteam Ltd. of 24 billion USD or thrice its current market capitalization.
According to Wolfteam Ltd., Gitlab Inc could be worth even more than that in the long-run.
www.wolfteamedge.com
#mergersandacquisitions #capitalraise #valuations #ai
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