Bonum Certa Men Certa

The Debt of Clownflare (Cloudflare Inc.) More Than Trebled Since the Lock-downs and the Company is Unable to Make Money

These are publicly-available facts.

Cloudflare Inc. debt in 2018-12-31: 10.69 million dollars Cloudflare Inc. debt in 2019-12-31: 10.506 million dollars Cloudflare Inc. debt in 2020-12-31: 428.3 million dollars Cloudflare Inc. debt in 2021-12-31: 1,293 million dollars Cloudflare Inc. debt in 2022-12-31: 1,577 million dollars

So you know what comes next:

enshittification: The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits.



Summary: Just as a reminder ahead of this week's "tech" "results", things aren't as they seem (or how the crooked media misframes things); for example, consider Cloudflare Inc. rapidly becoming debt-saddled just like Twitter (which is worse than worthless at this point)

Clownflare losses
The losses are growing, the debt deepens. Cloudflare Inc. is bleeding.



"Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers."

--The Economist, 1999

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