GitLab Co-founder & CEO Sid Sijbrandij
Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.







GitLab IPO on Nasdaq with $14.9 Billion Market Value, Co-founder Sijbrandij Becomes Billionaire with $2.8 Billion Fortune

15th October 2021 | Hong Kong

Software company GitLab has IPO on Nasdaq, rising 34.9% on Day 1 with market capitalization of $14.9 billion (14/10/21), and Co-founder & CEO Sid Sijbrandij (Netherlands) becoming a billionaire with $2.8 billion fortune.  GitLab IPO price is at $77, opening at $94.25 and closing at $103.89 (14/10/21, +34.9%).  GitLab, a competitor of GitHub and backed by Khosla Ventures and Google Ventures, had raised $801 million in the IPO.  In 2020, GitLab reported revenue of $152.2 million and operating loss of $213.9 million.  (IPO ~ Initial Public Offering)

“ GitLab IPO on Nasdaq with $14.9 Billion Market Value, Co-founder Sijbrandij Becomes Billionaire with $2.8 Billion Fortune “

 


Ads & Announcements



GitLab, An All-Remote Company

GitLab Co-founder & CEO Sid Sijbrandij

GitLab journey started in 2011 by Chief Technology Officer Dmitriy Zaporozhets with Co-founder & CEO Sid Sijbrandij seeing GitLab for the 1st time in 2012.  In 2013, both decided to work on GitLab full-time and in 2014, GitLab was officially incorporated.   GitLab is an all-remote company initially based in Netherlands, with the first employee based in Serbia.  They shifted to San Francisco (United States), had an office, and employees showed up for the first few days and stopped coming in.  GitLab: “It was because we were so used to using systems correctly, and using a remote work style.”

GitLab is an open core company which develops software for the software development lifecycle with 30 million estimated registered users and more than 1 million active license users, and has an active community of more than 2,500 contributors. 

Goldman Sachs, JP Morgan and Bank of America Securities were the lead underwriters for GitLab IPO.  UBS Investment Bank, RBC Capital Markets, Truist Securities and Piper Sandler are acting as joint book-running managers for the offering. Cowen, KeyBanc Capital Markets, and William Blair are acting as co-managers for the offering.

 

Billionaires:




2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives




New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today







For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us


    Mailing ListFree TrialInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly


    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights











    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014


    Web links may be disabled on mobile for security.
    Please click on desktop.









    Previous articleIMF Lowers 2021 GDP Growth Forecast to 5.9%, 2022 at 4.9%
    Next articleGoldman Sachs & Morgan Stanley Sued for Archegos Family Office Insider Trading
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia