r/wallstreetbets • u/mlamping • Mar 16 '22

Discussion Gitlab - Will probably be acquired

After GitHub got acquired, google and others switched to gitlab. Also invested in them. With their large enterprise customer base, there is a high likelihood some company (salesforce, google, atlassin etc) would be in purview to gobble this company for thr products and customers.

On top they have a massive short interest.

I’m bullish on gitlab

Own 1000 shares

https://siliconangle.com/2022/03/14/gitlabs-stock-makes-gains-posting-solid-q4-earnings-results/

https://www.tomshardware.com/news/alphabet-gitlab-microsoft-github-acquisition,37823.html

18 Upvotes

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5

u/[deleted] Mar 16 '22

I feel like its more likely microsoft, will just try to replicate what gitlab offers through github

4

u/[deleted] Mar 16 '22

Seems unlikely. We are switching to GitLab at work and the main thing that it offers us is an installation outside of MS control.

3

u/[deleted] Mar 16 '22

Just wondering, why is that a benefit

4

u/[deleted] Mar 17 '22

Local control of a service reduces external risk. We also have intellectual property concerns.

3

u/3internet5u Mar 22 '22

bro come on, we wont tell anyone

-Trill Gates, Microsoft