● 07.25.23

Gemini version available ♊︎

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

Posted in Deception, Finance at 1:56 pm by Dr. Roy Schestowitz

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:

Image: 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)

Image: 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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