Slashdot Mirror

← Back to Stories (view on slashdot.org)

GitHub Seeks Funding At $2 Billion Valuation

Posted by Soulskill on from the accepting-pull-requests-from-the-bank dept.

itwbennett writes: GitHub, the most popular Git hosting site, is reportedly seeking $200 million in an upcoming private funding round that values the company as high as $2 billion. "GitHub is an interesting company," said analyst Frank Scavo, president of Computer Economics. "It is partly a hosting service for developers and partly a social media site." And it's a great place to recruit developers. But company-specific factors aside, there's also a lot of money in the market "looking for homes," said Rob Enderle, principal analyst with Enderle Group.

6 of 80 comments (clear)

  1. If Sourceforge is any example by opus_magnum · · Score: 4, Interesting

    does it mean they will become like them after they're bought?

    1. Re:If Sourceforge is any example by Anonymous Coward · · Score: 4, Interesting

      Let's hope not, it's been a great service up until today at least.

      SourceForge has gone so down that even their mirror hosts are evaluating whether they should provide them resources anymore. There's been a campaign aimed at SourceForge's mirrors to get them to cut their cooperation. It's been somewhat successful and got a lot of attention after people realized SourceForge had hijacked Firefox, too, among other big open-source projects.

    2. Re:If Sourceforge is any example by Anonymous Coward · · Score: 2, Interesting

      I don't see what open source project hosting site Github has to do with malware distribution site Sourceforge.

  2. Enderle? by NaCh0 · · Score: 4, Interesting

    That Enderle guy is still around? He has been so discredited that it's amazing. One thing is for certain, whatever his opinion, the opposite will be true.

    1. Re:Enderle? by Anonymous Coward · · Score: 2, Interesting

      Github runs Linux man! That means Darl will be entitled to all the brazillions that github gets from the funding, and Rob can finally get paid. Good thing too, 'cause there's not as much money in drunken keynotes as there used to be.

  3. I am surprised by Daniel+Hoffmann · · Score: 3, Interesting

    I am surprised that github still does not have a job board on the site, not only is it a MAJOR money income, it is also quite useful for the devs themselves. It is one of the few win-win monetization situations as long as the user can opt-out of seeing the job ads. Pretty much any job ad that asks you to send your github profile would be advertising there.