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Matthew Prince

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
608 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

Yeah, that would be around that.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And then in the enterprise business, it's much, much, much less than that.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

We have negative dollar churn and all the things that you would want from a business like that.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

I think the weakness that we've had in our business is that our expansion has been something which has been more challenging.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And the reason for that is early on, we said we're competing with hardware, where you would buy a firewall, you'd buy a load balance.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And you don't pay more for hardware if you get an attack versus if you don't get an attack.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And frankly, if you're charging more when someone gets attacked, that feels a little bit like extortion.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And so we said we wanted to prevent that in the first place.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

we wanted to make our pricing incredibly predictable.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And so our original pricing was very, you pay us 200 bucks a month and it doesn't matter how large the attack is, we're gonna make sure that you're protected.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And so we have had to try to figure out ways

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

to either by adding features or building in things that are usage-based to get those to drive expansion.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

And I think that's very much the piece of our business that we're figuring out.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

I think we're better at it in the high-end enterprise and mid-market business, in the self-service business,

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

It's been something that we're still working.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

Yeah, that's right.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

But I think there are opportunities for us to do that.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

I think that we took some things that people would price on a usage base.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

So we have a CDN-like product that traditionally would be based on the sort of bandwidth used.

SaaS Interviews with CEOs, Startups, Founders
1331 How CloudFlare Broke $100m in ARR Securing The Internet, No $2.5B Amazon Acquisition

We think that part of what's disruptive about what we've done is we've made that basically free across all our plans.