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by troydavis 2472 days ago
GitLab published what they're interested in: https://about.gitlab.com/handbook/acquisitions/. It's an amazing, one-of-a-kind doc. One of their constraints (https://about.gitlab.com/handbook/acquisitions/#what-we-offe...) is quite limiting, though:

> The total purchase price of the deal, paid in cash, will not exceed $1M and will be the total and only compensation for the entire deal.
2 comments
andrewprock 2472 days ago
They are looking at companies that: "Raised under $10M total investment funds, last round being over 3 years ago"

This implies that in addition to self-funded ventures, they are looking for fire sales from failed start-ups.

link
pnako 2472 days ago
It looks like they're buying (big) features, not complete solutions or companies. That's actually an interesting approach; I'm sure others do that, but maybe not as explicitly.

It would allow a small team of hackers to have a decent exit without having to go through the whole startup road.

link