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What "hundreds of billions of dollars"? Cloudflare's annual revenue is around $2 billion, and they are not yet profitable.
by evanelias 11mo ago
What "hundreds of billions of dollars"? Cloudflare's annual revenue is around $2 billion, and they are not yet profitable.
- autoexec 11mo agoThat was admittedly hyperbole, but since we're talking about a company with assets and revenue in the billions I'm not sure it matters. The fact remains that a lack of money/resources is not their problem.
- evanelias 11mo agoThey don't have unlimited resources. They have ~5000 employees. That's not small but it's not huge either. For sake of comparison, Google hit that headcount level literally 20 years ago.
- autoexec 11mo agoThey have enough money to buy anything they need. The CEO alone has billions. He could pay for as many employees as he wants out of his own pocket and not notice. In fact he's good at buying people, even senators.
- evanelias 11mo agoThat doesn't make sense. It would be like saying Twitter, SpaceX, and Tesla all should be incapable of engineering mistakes because their owner is rich. The world doesn't work that way.
- froober 11mo agoGiven how well-established cloudflare is, I would've figured they'd be profitable by now. That raises the question: why does so much of the web rely on a company which does not have the means to sustain itself?
- bdangubic 11mo agogiven how much of the population relies on Uber for their transportation… ;)