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Git a load of this: GitHub now valued at $2 billion

posted by takyon on Friday July 31 2015, @01:15AM   Printer-friendly
from the git-rich-quick dept.

Arthur T Knackerbracket gits this:

GitHub has received a $250m infusion of venture-capital cash that values the code-sharing website at $2bn.

That means it's worth more than ZenDesk ($1.78bn), slightly less than the New York Times ($2.17bn), and more than stricken Yelp ($1.87bn).

The San Francisco-based upstart said its Series-B funding round was led by VC bigwigs Sequoia Capital, Andreessen Horowitz, Thrive Capital, and Institutional Venture Partners. The round is the second major fundraising push for GitHub. In 2012, the site raised $100m in venture funding. GitHub was founded in 2008, and today has about 300 total employees.

The site reports it hosts 25 million source code repositories, and has 10 million registered users and 33 million unique monthly visits.

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  • (Score: 3, Interesting) by GungnirSniper on Friday July 31 2015, @01:24AM

    by GungnirSniper (1671) on Friday July 31 2015, @01:24AM (#216098) Journal

    Dice Holdings Inc only has a market capitalization of 436 million dollars [yahoo.com], so SourceForge and Slashdot are probably not worth very much of that.

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  • (Score: 0) by Anonymous Coward on Friday July 31 2015, @01:38AM

    by Anonymous Coward on Friday July 31 2015, @01:38AM (#216104)

    Why oh WHY won't everyone join the hipster sensation that is THE GIT HUB.

    • (Score: 1, Touché) by Anonymous Coward on Friday July 31 2015, @02:06AM

      by Anonymous Coward on Friday July 31 2015, @02:06AM (#216115)

      Because most hipsters are too busy at the sensation that is THE GLORY HOLE.

      • (Score: 2) by captain normal on Friday July 31 2015, @02:57AM

        by captain normal (2205) on Friday July 31 2015, @02:57AM (#216130)

        Naw...they're all busy getting ready for Burningman.

        --
        Everyone is entitled to his own opinion, but not to his own facts"- --Daniel Patrick Moynihan--

        • (Score: 2, Touché) by Lunix Nutcase on Friday July 31 2015, @03:05AM

          by Lunix Nutcase (3913) on Friday July 31 2015, @03:05AM (#216131)

          Will Bennett Haselton have enough time to optimize the ice lines before they arrive?

  • (Score: 3, Funny) by davester666 on Friday July 31 2015, @05:59AM

    by davester666 (155) on Friday July 31 2015, @05:59AM (#216178)

    Why not? What makes you think Dice is worth more than negative $500 million dollars?