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Comment by rixrax

GitHub is a venture backed company with some $350M raised according to Crunchbase[1]. As such, your options are pretty much limited to IPO, being acquired, generating crazy profits and buying out investors to stay private, or go bankrupt. Since it appears they had hard time turning profitable[2], I’m hardly surprised that GH May be ending the way of Microsoft.

I think it’s worthwile question to everyone who is lamenting here about the future fate of GitHub if they put their money where their mouth is? Or through some magical reality expected to forever have a free, really great and well taken care of service? (I’ve had paid private account since forever).

GitLab btw has meger $45M raised[3]. I urge all the ‘let’s move to GItLab or other’ people give that a hard thought and how that will eventually expire.

TANSTAAFL

[1] https://www.crunchbase.com/organization/github [2] https://news.ycombinator.com/item?id=13188574 [3] https://www.crunchbase.com/organization/gitlab-com

parent rixrax 8 years ago

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