Comment by blazespin

Agreed, the valuation makes no sense to me. There's really no switching costs that I see.

Bitbucket is actually superior in many ways because of its tight integration with Atlassian - the real Microsoft Word of the Developer community.

Sourceforge had this kind of play at one point and look at it now.

Maybe they're going to start displaying ads for jobs for developers. Not sure that's worth 2B though...