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$GTLB: The Big IPO of the day........ Joe-Montana backing
And backed by $MSFT
Let er rippppppppppppppp
Opening looking over $77
Smartkarma Research Network @smartkarma · 1h NEW US Flag of United States IPO
GitLab $GTLB, provider of the DevOps platform and competitor to $MSFT GitHub, went public today selling ~8.4 million shares for US$77 each, at a~US$13 bilion market cap.
- Over US$200M in ARR for 2021 - Net retention rate of 152% - Crossed US$100M ARR in ~6 yrs