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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Gitlab Founder, Sid Sijbrandji on Lessons From Scaling from 400 to 1,000 People in 1 Year, Why You Have To Have A Low Level Of Shame On The Product You Release & The Secret To Making Remote Work So Effectively At Scale

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 19 July 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Sid Sijbrandij is the Founder & CEO @ Gitlab, a single application for the entire software development lifecycle. From project planning and source code management to CI/CD, monitoring, and security. To date, Sid has raised over $145m in funding for Gitlab from the likes of GV, August Capital, YC, Khosla and Goldman Sachs just to name a few. What is incredible, Sid has scaled the team to over 762 team members across 55 countries and is famed for his openness and transparency on how he builds both the product and company. You can find the fantastic Gitlab handbook here.

In Today’s Episode You Will Learn:

1.) How Sid made his way into the world of startups, learned Ruby in the early days and came to found Gitlab? What was that a-ha moment?

2.) In 2019 Gitlab is growing from 400 to 1,000 people, what are the biggest challenges that come with such operational growth? How does one hire at such pace and retain quality? How does Sid think about the right way to onboard new employees? How does Sid think about KPI and goal setting in the early days? 

3.) Today all 750 Gitlab employees are remote, what does Sid believe is the secret to making remote teams work at scale? How does Sid think about the balance between fast shipping cadence and perfect product releases? Why does Sid believe, "you have to have a low level of shame on the product you release"?

4.) How does Sid think about operating Gitlab as a totally transparent company? What does that mean both in reality and in process? Why does Sid believe it is optimal to have a roadmap that is open for everyone to see? What are the pros? What are the cons of such transparency? How do competitors respond? 

5.) If every great business is bundling or unbundling, where does Sid believe he and Sid are in the process today? How does Sid think about being too much to too many people? How does the open-source community really come into play in the development of Gitlab?

Items Mentioned In Today’s Show:

Sid’s Fave Book: High Output Management

As always you can follow HarryThe Twenty Minute VC and Sid on Twitter here!

Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Transcript

Click on a timestamp to play from that location

0:00.0

You are listening to The 20 Minute VC in a very special episode of Founders Friday with me,

0:03.8

Harry Stebbings, at H. Stebbings 1996 with 2Bs on Instagram. So why is today's show so special?

0:09.4

Well, I'm super excited to have a guest I've wanted to have on the show for a very long time.

0:13.0

I think the way he's built both company and product is extremely unique and I've heard nothing

0:16.9

but exceptional things, both from his leadership team and from his board members. And so with that, I'm super excited to welcome Sid, Sid, Brandi, founder and CEO, GitLab, to the hot seat today.

0:25.7

Now, GitLab is a single application for the entire software development cycle, from project planning and source code management to CICD, monitoring and security.

0:34.0

To date, Sid has raised over $145 million in funding for GitLab from the likes of

0:38.5

GV, August Capital, YC, Kocler and Goldman Sachs, just to name a few. What's incredible, though,

0:44.1

also, Cid has scaled the team to over 762 team members across 55 countries, a fully remote team,

0:50.5

and he's also famed for his openness and transparency on how he builds both the product

0:54.3

and the company and you can find a fantastic GitLab handbook in the show notes that really is a

0:58.6

must read and I do want to say a huge thank you to Madad Iconic David GV Iliasuka and Vili at

1:04.0

August for some fantastic question suggestions today I really do so appreciate that but before we

1:09.0

dive into our episode today, look at the world's

1:11.3

tech leaders and high-growth startup CEOs and do you ever wonder how in the world do they

1:15.4

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...

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