[czbond]

I really want to believe Cloudflare is worth more than $12/share by a considerable amount.

[mike_d]

What if they issue 100 billion shares? Or 10?

People often make the mistake of comparing a company at $5 a share to a company at $100 a share as if all else is equal. In reality the company at $5 could be worth twice as much by having fewer shares outstanding.

[bvandewalle]

the value of a share doesn't mean anything until you know how many shares there are out there.

[toomuchtodo]

Can’t base intrinsic value on hope.