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Matthew Prince

πŸ‘€ Speaker
See mentions of this person in podcasts
1742 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

And then it graduates up.

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

So free, $20 a month, $200 a month, and then higher from there.

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

I think that, yeah, our business really splits into two halves.

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

So we have what we think of as our self-service business, which are people who come in, give us a credit card and and pay for the service.

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

And that's going to be around one hundred dollars a month on on average.

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

And then we have what are mid-market and enterprise customers, which we have a traditional enterprise sales team for.

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

And those will be, you know, it really varies, but sort of starting at $5,000 a month and up from there.

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

We launched the company in September of 2010.

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

So we're coming up on our eighth birthday.

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

Well, Clever was either going to be kind of a one or a zero.

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

It was either going to be a company that didn't work or it was going to be a really big company.

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

And we knew that in order to build what we were doing out, we had to build a global network.

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

So we own equipment in nearly 100 countries around the world, over 150 cities around the world.

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

Physical hardware.

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

So we're not running on top of AWS or on top of Azure or Google.

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

We actually had to build the network out ourselves.

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

That takes a significant capital expenditure.

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

And so that was something that would have made this a very cost prohibitive business to bootstrap.

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

That said, I think we've been incredibly cash efficient.

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

We knew from the beginning that our business was about how can we process a byte of information cheaper than anyone else can.