Comment by redwood
2 months ago
Cloudflare's stock price has been disconnected from reality for a while.. the only one that's wilder is Palantir which at least has revenue growth numbers that are very impressive.. meanwhile Cloudflare's enterprise value vs next 12 months revenue and revenue growth just don't justify this completely out of whack market valuation. I feel bad that the company has to try and sustainably justify that. It's incredible to watch the velocity of their launches. But I suppose the reality is most of them are just not selling
"velocity" is not "frequency"; someone throwing semi-finished products at the wall to see what sticks surely has frequent product launches. But even if these ship fast from inception to launch, this scattergun approach does not scale to provide product maintenance or support. It's a productivity smokescreen for lack of a product strategy, and claiming AI will substitute for support/maintenance fits straight in with that. Anything but coherent strategy, that. Maybe here's an unexplored AI opportunity.