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Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

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Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#71

Post by tedunangst »

prewett wrote: post #14
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

Cloudflare seems like a promising stock, but the dual-class shares really put me off. It doesn't even look like Class B is even traded; at least for, say, Google, you can buy their Class B stock.

Google public shares are class A and class C. And because the world is upside down, the class C shares which don't vote trade at a slight premium.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#72

Post by ternaryoperator »

tidepod12 wrote: post #54
dcolkitt wrote: post #49

Earlier quoted context omitted.

Does Cloudflare have any defensible moat? If Google or Microsoft decided to muscle Cloudflare out of business tomorrow, what’s to stop them? In comparison, we already know that Google can’t take out Facebook.

The major Cloudflare products (namely the CDN, WAF, DDoS protection, DNS management, and even serverless workers) are already replicated in AWS, GCP, and Azure. AFAIK the main thing that draws people to Cloudflare instead is "it's easier to use than bloated AWS/etc." And while that might be a completely valid value proposition, I'm not sure if it's a long term winner, especially as more and more companies migrate to…

I don't dispute the point you're making, but Dropbox for my purposes is way ahead of OneDrive. In particular, OneDrive offers only "eventual sync," whereas in Dropbox, you change a file and it's quickly replicated on other systems. Also, OneDrive has a fixed ceiling of ~ 200K files per OneDrive. Dropbox allows you way more than that.

So, while I see your point that eventually OneDrive could displace Dropbox entirely, I believe that Dropbox still has plenty to offer at the moment.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#73

Post by RcouF1uZ4gsC »

nostrademons wrote: post #37
Uehreka wrote: post #12

Earlier quoted context omitted.

I don’t get why people still say FAANG, even. Netflix is doing great and has some great tech, but these days it seems like they’re way more of a TV megastudio with a really great engineering dept than a tech giant like Apple, Amazon, Facebook and Google. Sure, they’re no slouches, but it feels like any acronym that includes Netflix needs to also include Microsoft for sure. In fact, by the time you get to Netflix I fe…

I'm fond of "MAGA" for "Microsoft, Apple, Google, Amazon". That's the 4 largest tech companies on the market, and they're the ones really making America great again.

If you throw in Facebook, you can make it

F MAGA

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#74

Post by Tarq0n »

nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

If the last few years should have thought us anything it's that stock prices don't matter. The only time they become material to the business is if they urgently needs to raise capital, and are for some reason unable to access capital markets (unlikely in the current era of quantitative easing).

They are on the other hand a very easy indicator of sentiment around the business and therefore attract way more attention than they deserve.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#75

Post by taf2 »

rusteh1 wrote: post #64
tidepod12 wrote: post #54

Earlier quoted context omitted.

The major Cloudflare products (namely the CDN, WAF, DDoS protection, DNS management, and even serverless workers) are already replicated in AWS, GCP, and Azure. AFAIK the main thing that draws people to Cloudflare instead is "it's easier to use than bloated AWS/etc." And while that might be a completely valid value proposition, I'm not sure if it's a long term winner, especially as more and more companies migrate to…

I wouldn't call Cloudfront bloated. It is under featured if anything, the product has seen little change in the past few years.

However unlike Cloudflare it does support multiple origins with a IMO pretty simple to understand nginx like location x maps to origin b and location c maps to origin... This feature alone is one reason I stopped looking further into Cloudflare...

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#76

Post by [deleted] »

RcouF1uZ4gsC wrote: post #73
nostrademons wrote: post #37

Earlier quoted context omitted.

I'm fond of "MAGA" for "Microsoft, Apple, Google, Amazon". That's the 4 largest tech companies on the market, and they're the ones really making America great again.

If you throw in Facebook, you can make it F MAGA

[deleted]

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#77

Post by maxk42 »

jvanderbot wrote: post #62
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

The stock market is not about buying ownership in long-term stable, profitable companies, unless you zoom wwaaaaaaaaaaay out on the charts. Day to day it's about riding hype up and jumping off before anyone else. CISCO was a great example of this back in the day. https://www.fool.com/investing/2020/12/27/2020-incredible-st...

> The stock market is not about buying ownership in long-term stable, profitable companies

Good - CloudFlare has never been profitable once.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#78

Post by gifnamething »

jvanderbot wrote: post #62
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

The stock market is not about buying ownership in long-term stable, profitable companies, unless you zoom wwaaaaaaaaaaay out on the charts. Day to day it's about riding hype up and jumping off before anyone else. CISCO was a great example of this back in the day. https://www.fool.com/investing/2020/12/27/2020-incredible-st...

That's all of FAANGM. Their last year looked pretty good.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#79

Post by jonny_eh »

dcolkitt wrote: post #49
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

Does Cloudflare have any defensible moat? If Google or Microsoft decided to muscle Cloudflare out of business tomorrow, what’s to stop them? In comparison, we already know that Google can’t take out Facebook.

> In comparison, we already know that Google can’t take out Facebook.

That's funny because in the late 2000s, people said that FB was doomed as soon as Google would decide to compete.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#80

Post by enos_feedler »

selectodude wrote: post #31
prewett wrote: post #14

Earlier quoted context omitted.

Cloudflare seems like a promising stock, but the dual-class shares really put me off. It doesn't even look like Class B is even traded; at least for, say, Google, you can buy their Class B stock.

You can't buy class B google stock. It's owned solely by Larry Page, Sergei Brin, and a handful by Eric Schmidt and others. They're not traded on public markets and give Page and Brin alone 51 percent of all voting rights. Furthermore, if any class B shares are sold, they're converted to class A and lose their 10x voting power.

Interesting, I've always seen two stocks listed (GOOG and GOOGL) but upon further inspection, they are class A and class C. I assumed one was voting and one wasn't but i guess not!
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