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Sid Sijbrandij

16 statements across 3 episodes · 6 bullish · 0 bearish · 2 people on the record · first statement Oct 27, 2018 by Sid Sijbrandij · said 17 times in 9 episodes since 2018 · across every show →

On the record as a speaker too: Sid Sijbrandij's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Nathan Latka (12), Mike Preuss (4), Matt Mullenweg (1)

tap a year for its mentions
00428320182019202020212022episodesmentions
02320182019202020212022episodes it came up in
0021.54320182019202020212022episodesmentions per episode
2022 8 mentions in 3 episodes 3 per episode
2021 2 mentions in 2 episodes 1 per episode
2020 2 mentions in 2 episodes 1 per episode
2019 4 mentions in 1 episode
2018 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Sid Sijbrandij, oldest first

Oct 27, 2018 bullish
Assertion Not checkable as stated
GitLab achieves net revenue expansion exceeding 175% year over year
“Now, on a net expansion basis, it's over one 75%. So if they spend a hundred dollars with us last year, they're going to spend a 175 dollars with us this year, the same cohort.”
Sid Sijbrandij Oct 27, 2018 ▶ 12:20 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Oct 27, 2018 positive
Assertion Not checkable as stated
Sijbrandij: GitLab retains well over 90% of customer logos
“We have way more than 90% of the people staying with us.”
Sid Sijbrandij Oct 27, 2018 ▶ 12:10 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Oct 27, 2018 neutral
Disclosure
GitLab's majority revenue comes from organizations with over 1,000 employees
“If I look like, where does the majority of our revenue come from? It's over a thousand people.”
Sid Sijbrandij Oct 27, 2018 ▶ 5:23 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Oct 27, 2018 neutral
Disclosure
Sijbrandij: GitLab targets zero-day cash CAC payback
“We try to keep our payback period on a cash basis to like zero days. As soon as the deal is signed, it should be paid back, and on a revenue recognition basis the first year.”
Sid Sijbrandij Oct 27, 2018 ▶ 12:53 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Oct 27, 2018 neutral
Disclosure
Sijbrandij: GitLab's most popular paid tier is $19 per user monthly
“So the most popular one is the middle one of 19 dollars per user per month.”
Sid Sijbrandij Oct 27, 2018 ▶ 4:32 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Oct 27, 2018 neutral
Assertion Not checkable as stated
Sijbrandij: GitLab requires at least one year paid upfront on all deals
“All the deals we do are one year paid, at least one year paid up front.”
Sid Sijbrandij Oct 27, 2018 ▶ 13:13 1190 The 1 Metric GitLab CEO Follows Thats Driven $10m+ in ARR
Nov 25, 2019
Assertion Open · timeframe Nov 2019
Latka: GitLab raised $100M one month after denying fundraising
“And sure enough, a month after I do the interview, you know, GitLab raised a hundred million dollars.”
Nathan Latka Nov 25, 2019 ▶ 5:45 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Jul 24, 2020
Disclosure
GitLab budgeted $50M for product development in 2020
“This fiscal, we're spending fifty million dollars in development costs, like engineers shipping more functionality in the product.”
Sid Sijbrandij Jul 24, 2020 ▶ 21:31 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020
Insight
Startups should always maintain infinite runway without future funding
“Always make sure that you can get back to cash flow break, even with the cash you have in the bank. Never depend on a future fundraise.”
Sid Sijbrandij Jul 24, 2020 ▶ 19:51 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 positive
Disclosure
Sid Sijbrandij gave $1M to Lambda School for student stipends
“I gave money to them. I gave a million bucks to him.”
Sid Sijbrandij Jul 24, 2020 ▶ 23:53 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 positive
Assertion Not checkable as stated
GitLab gross retention remains steady at approximately 90%
“No, gross retention or gross retention is still about 90%. So that's kept steady.”
Sid Sijbrandij Jul 24, 2020 ▶ 12:16 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 neutral
Prediction Held up
GitLab will not cross $200M ARR in 2020
“So certainly not this year. Maybe next year.”
Sid Sijbrandij Jul 24, 2020 ▶ 10:56 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 neutral
Disclosure
GitLab sized its Series E to match a potential IPO raise
“We raised a round that will be comparable to the amount we would raise if we would go public next year. That was the goal.”
Sid Sijbrandij Jul 24, 2020 ▶ 22:18 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 neutral
Assertion Not publicly verifiable
Enterprise deals account for 72% of GitLab's ARR
“The enterprise market is 72% of our ARR, and those are the bigger deals.”
Sid Sijbrandij Jul 24, 2020 ▶ 9:58 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 positive
Assertion Supported
GitLab has 10,000 paying customers across 100,000 organizations
“So today, GitLab is used in over a 100,000 organizations. So we got millions of users. There's 10,000 paying customers.”
Sid Sijbrandij Jul 24, 2020 ▶ 8:32 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
Jul 24, 2020 positive
Assertion Contradicted
GitLab is growing top-line revenue at 140% year-over-year
“I think last time we talked, we were closer to 200%. And I think we're at 1:40 today.”
Sid Sijbrandij Jul 24, 2020 ▶ 20:07 GitLab Hits $2.7b Valuation is 20x+ Revenue Multiple, 160%+ in Net Revenue Retention, 10,000 Customers
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