Cloudflare CEO Now a Billionaire on Stay-at-Home Streaming Surge (bloomberg.com) 12
Cloudflare Chief Executive Officer Matthew Prince became a billionaire Thursday as the stock climbed to a record hours before the company's scheduled earnings report. From a report: Shares of the San Francisco-based firm advanced 14% to $28.52 at 1 p.m. in New York, giving Prince a net worth of $1.08 billion, according to the Bloomberg Billionaires Index. "Cloudflare has been aided by the surge in streaming, gaming and e-commerce as people stay at home," said Bloomberg Intelligence analyst Mandeep Singh. The firm, whose stock has soared about 90% since its September initial public offering, provides services such as firewalls, network routing and traffic management that allow cloud-based sites to operate more effectively. Prince, who helped launch Cloudflare in 2009, owns about 12.5% of the company, according to its latest proxy filing. Co-founder and Chief Operating Officer Michelle Zatlyn controls a 4.8% stake.
Time to open (Score:1)
The King Is A Human! (Score:1)
Unfathomable!
News At 11!
Doh... (Score:2)
That was a stock on my list to buy last week but I forgot. They managed things during lockdown very well.
DNS obfuscation (Score:2)
Is this the guy who made is fortune by obfuscating DNS?
Net parasites (Score:4, Interesting)
No matter how hard you work at protecting your privacy, trying to avoid tracking by Facebook and Google, installing adblockers and everything, those Cloudflare servers effectively MITM 10-15% of the world websites in the name of Denial-of-Service protection.
Many, many of those websites "protected" by Cloudflare have their HTTPS certificate owned by Cloudflare; Cloudflare hence sees the communication in the clear. Credit card numbers and all.
Thus they can build an impressive tracking system for users, with very high quality personal data.
They now offer DNS resolution, trying to enrich their user tracking by adding data about traffic to servers not "protected" by Cloudflare.
They disgust me.
Re: (Score:3)
"Many, many of those websites "protected" by Cloudflare have their HTTPS certificate owned by Cloudflare; Cloudflare hence sees the communication in the clear."
And every cpanel site (e.g. wordpress hosting) on the planet is somehow more secure??
"They now offer DNS resolution, trying to enrich their user tracking by adding data about traffic to servers not "protected" by Cloudflare."
as opposed to:
"your ISP" -- "the default" for most users they know who their customers are, and can track users down to which m
Re: (Score:2)
Your ISP is already aware of all your IP traffic.
Re: (Score:2)
"No. Why do you ask? If you're trying to suggest that putting a crappy CPanel site behind a Cloudflare reverse proxy magically makes the CPanel site secure"
No, I'm pointing out that all those CPanel hosts have access to your ssl public keys too; and can do pretty much anything they want with your traffic. So it seemed a little over the top to act like cloudflare's ddos protection was evil.
"Your ISP is already aware of all your IP traffic. Do you honestly think they're morons and cannot do a reverse domain n
Re: (Score:2)
They now offer DNS resolution, trying to enrich their user tracking by adding data about traffic to servers not "protected" by Cloudflare.
Recently Cloudflare released the results of an independent audit of the 1.1.1.1 DNS system. You want to know the biggest violation of their privacy policy?
Cloudflare said Public Resolver Logs are deleted from Cloudflare’s data warehouse within 24 hours. The audit found it was really 25 hours, the horror of an extra hour.
The major points the audit proved is they are not tracking you with their DNS
-Public Resolver data is anonymized via truncation of the source IP (truncation of the last octet for IPv4 and the last 80 bits for IPv6).
-Public Resolver data (including anonymized source IP’s) is deleted from the stream processing platform within 25 hours.
Anyways, here is the summary of the audit
https://www.cloudflare.com/res... [cloudflare.com]
They also have a blog
Re: (Score:3)
Content distribution network for static content, load balancing, DDoS protection, putting CAPTCHAs in the way of people using TOR and/or VPNs, etc. They try to sell "scalability as a service" so you can deal with an increase in web traffic without having to know how to build out the infrastructure to support it yourself.
Good for him! (Score:2)
Well I am pleased and I'll certainly sleep better tonight knowing he's well minted!