GitLab Grew Up in GitHub's Shadow — Now It's Worth Twice What Microsoft Paid for Its Chief Rival - NewsBreak

GitLab debuted on the Nasdaq on Thursday and is now worth $16.5 billion. Microsoft acquired its larger rival GitHub in 2018 for $7.5 billion, which at the time was a high-priced deal in subscription software. GitLab CEO Sid Sijbrandij says his company has more advantages now that GitHub is owned...