221–230 of 466 posts
Cloudflare is down 71% in that same period. Zoom is down 60%. Speculative pandemic tech darlings are no longer darlings and are being hammered across the board. It's going to be a rough time for anyone who had high hopes for their equity compensation.
Guess I'll buy some cloudflare along with hashicorp
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Netflix really seems like a loser to me. Every production company has a streaming service now, and most make better content than Netflix. Sure Netflix’s app might be better, but it’s also twice as expensive as every other service. I guess that Netflix’s “replace basic cable” package might work for people who only want one service, but from what I remember most people did not especially like basic cable. Wouldn’t be s…
Agreed. Netflix’s only option at this point is to merge with a large IP holder meaning Paramount (formerly ViacomCBS). Netflix was not as aggressive as they needed to be in locking down must-see brands to 1) keep subscribers or 2) better negotiate with the content players.
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Good point. But does Cloudflare have a moat? Seems like AWS or some other service could start competing directly with them if they wanted to.
They actually have opposite strategies - AWS and the other cloud providers charge a lot for outbound traffic to make it hard to leave them. I don't know if edge computing really has the advantage Cloudflare wants it to have though; it reminds me of open source projects with a lot of mirrors thinking you'll carefully pick the one in the city nearest you, as if anyone even notices.
Every company claims to be worldwide, but when their site is down, they tend not to care so much if you just start nuking traffic from random foreign areas to come back up.
Not sure if Cloudflare does this today, but the potential is there.
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It warms my heart to think I could still be graded on language use so late in life. How would you describe it?
It's a bit awkward since "poisonous" usually refers to things you eat, and sandboxes or their contents are generally not eaten. If you want to continue the sandbox metaphor, which I do like, "playing in the Fed's sandbox until the bottom fell out" might work. Or even "toxic sandbox".
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Small consolation for all of those people with big equity packages on recent prices.
When Robinhood's stock tanked, employees were given a bump in equity. I suspect Coinbase will do the same if they haven't already.
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This is an astonishingly limited view of what makes a “good company”.
Not really. If you can’t handle a down turn, how are you a good company?
Good companies come and go. Good companies of old no longer exist because the world changed. Some companies are good for awhile, and then lose their way. Nuance abounds.
Not putting words in the parent commenter's mouth, but maybe a different way to say this is that Cloudflare is a good product. A product can be both great, and not viable under some conditions. The two are not mutually exclusive.
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People weren't saying the "Internet is a fad" back then. They/we were saying that many of the businesses that were being heavily invested in were unsound because they lacked a real plan towards profitability. Many businesses had no chance of turning profit, but were VC funded like crazy. I worked at a company that was doing "group buy" purchases and the product themselves weren't really getting real group discounts,…
“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s” -Some dude who writes for The New York Times...
Also, the NYT is often garbage.
https://fair.org/take-action/action-alerts/new-york-times-re...
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> It's a bit awkward since "poisonous" refers to things you eat poisonous (adj.) [...] 2. (figuratively) Negative, harmful. Synonym: toxic
Not a synonym, at least by the nouns they're based on. Toxin is a parent category that encompasses both poisons and venoms. Poisons are something you do to yourself (usually by ingestion), venoms are injected by the other organism (such as a snake bite).