| Cloudflare is post IPO, no more VC pressure in that way, and their founders have pretty strong control of the board. I suppose the true test will be when wall street investors try to squeeze cloudflare, but I believe the founders have majority control of the company anyway, re: Meta & Zuckerburg, they could rightly tell them to F off. Why am I mentioning this? Because I think if Cloudflare wanted to squeeze customers, they could have done so already. Also, Cloudflare Enterprise pricing more than makes up for their free tiers, it does jump in cost significantly from their highest paid plan -> enterprise. Also, their compute is priced on the mid-high end (not highest, certainly, its more high for medium or low high, if you will). KV storage and durable objects aren't the cheapest in their class either. Their margins on these services alone I imagine are lucrative. I don't think Cloudflare is overvalued or particularly overpriced, but they aren't basement cheap either. re: CDN. At cloudflares maturity and scale, their CDN is incredibly cheap to run and their generous free tier reflects this. Sending cached files around the world isn't as expensive as it used to be. |