In this new environment, do you think GitLab is an AI loser or an AI winner? I've heard arguments for both. Some say it's an AI loser because of new tools like Cursor and Cloud Code. Others argue that the strategic value of GitLab has increased, suggesting that companies like Anthropic, Google, or even Cursor might want to acquire GitLab to solidify their control over the entire software development process, not just coding. I'm curious about where you stand on these arguments and whether you think GitLab is a loser or a winner in this environment?

The way I see it, is that we're in a "rising tide lifts all boats" situation. Yes, GitLab is getting some piece of the action, but is it getting its fair share? No. From a market share perspective, I think GitLab is falling behind. If you look at whether they're growing better than the average public tech company, they might continue to grow for a bit longer. Regarding your second point, GitLab could have been an acquisition target, but I think that opportunity has passed. Companies like Anthropic and Cursor are getting so much more data than GitLab can offer. GitLab's policies, especially around self-hosting, are also a barrier.

In this new environment, do you think GitLab is an AI loser or an AI winner? I've heard arguments for both. Some say it's an AI loser because of new tools like Cursor and Cloud Code. Others argue that the strategic value of GitLab has increased, suggesting that companies like Anthropic, Google, or even Cursor might want to acquire GitLab to solidify their control over the entire software development process, not just coding. I'm curious about where you stand on these arguments and whether you think GitLab is a loser or a winner in this environment?

Additionally, there's now a more stratified segmentation of the developer workspace. Some developers have been coding for a long time in companies with established processes that are slow to change. If they're on GitLab, they'll likely stay there. Then there are the pre-GPT challengers, like start-ups or leaders within existing systems, such as UBS, which is a significant case study for GitLab. However, GitLab lost the opportunity to capture more wallet share from these groups, as they're already working with GitHub and others.