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Look at their financials, CloudFlare might be popular among the HN crowd but the stock is massively overvalued. At the end of the day they are a commodity CDN t
by oceanplexian 2y ago
Look at their financials, CloudFlare might be popular among the HN crowd but the stock is massively overvalued. At the end of the day they are a commodity CDN that somehow can’t run a profitable business.
- ilrwbwrkhv 2y agoAnd now with their bad hiring practices and shady business deals they might not be popular among HN crowd for long too.
- jppope 2y agoYeah nah... they have great products and their primary business is allowing them to enter markets where other companies can't compete. The valuation is based on potential not the business as it stands today. And to your point they are popular with the HN crowd which is usually a strong indicator.
- deleted 2y ago[deleted]
- foolswisdom 2y agoI think GP's point is that wiz's valuation makes even less sense.
- dilyevsky 2y agoI did look at their financials - 77% gross margin with 30% revenue growth. Much higher than “commodity cdn” can command. If they cut marketing and r&d they’d be bagging half a b a year in profit but they are investing in growth as they should because it’s working
- J_Shelby_J 2y agoCloud flare will still be the internet in ten years, while Amazon will just be Walmart,
- walthamstow 2y agoAmazon is the internet too. The us-east-1 outage in 2023 took down a lot of stuff.
- oblio 2y agoAWS is making $100+bn per year and growing at about 20% per year. Good job, "Walmart"!
- vinay_ys 2y agoAnd, that's a dis, why?
- DowagerDave 2y agoWalMart has a market cap of almost 600 Billion dollars. Weird dis.
- lotsofpulp 2y agoIt’s even weirder since Amazon is at $2T, and has long been worth far more than Walmart.
- refulgentis 2y agoWell, not weird, you got it exactly! Thats the point :) It would be "just Walmart"
- WrongAssumption 2y agoStrange take on AWS.
- zild3d 2y agocloudflare is a commodity CDN, amazon is an ecommerce site
- is_true 2y agoThey have a lot of products.
- that_guy_iain 2y agoBecause they have so many using their cdn functionality they can upsell them on other products such as domain registration, video streaming, s3, etc
- miragecraft 2y agoCloudflare makes no money on domain registration.
- that_guy_iain 2y agoYet.