A major cloud provider, Cloudflare, dominates the stock listing
Cloudflare , which provides web infrastructure such as content delivery networks and distributed DNS servers, has applied for stock listing. If Cloudflare, which competes with cloud providers such as Amazon and Microsoft, joins listed companies, it is expected to have a big impact on the financial market and the power map of the cloud industry, but the political problem related to 8chan is trailing It is pointed out that a difficult road is waiting.
FORM S-1 REGISTRATION STATEMENT
Cloudflare S-1 IPO filing
Cloudflare warns investors that sites like 8chan are a risk to its business-The Verge
Cloudflare submitted Form S-1 to the US Securities and Exchange Commission (SEC) on August 15, 2019. Once the SEC approves Form S-1, Cloudflare will be able to list its shares through an initial public offering (IPO) .
The maximum sales amount listed on the Form S-1 is 100 million dollars (about 10.6 billion yen), but if the IPO is implemented, the market capitalization will be as much as 3.5 billion dollars (about 371.3 billion yen) There is also a trial calculation result .
On the other hand, it is suggested that Cloudflare after listing may not be smooth sailing. China's leading IT company Baidu is a customer of Cloudflare, and at the same time, Cloudflare is an important partner in maintaining its influence in the Chinese market. Cloudflare and Baidu's contract period is scheduled to end by 2020, but it may be terminated in 2019 due to unforeseen circumstances.
Cloudflare stated in FORM S-1 that 'the risk of early termination of important contracts is expected to increase against the background of the recent US-China trade friction,' It has been revealed that the escalation poses significant risks to Cloudflare's business.
Cloudflare also has political problems. It is known that 8fla , the Internet bulletin board service that Cloudflare was providing, was used to notify crimes of the shootings that occurred on August 3, 2019.
As a result of this incident, Cloudflare immediately decided to terminate the service for 8chan.
Cloudflare announces service termination to image bulletin board `` 8chan '' as affecting the shooting case-GIGAZINE
In 2017, we have also stopped providing services to The Daily Stormer , a website believed to have become a hotbed of Neo- Nazis .
Given the misery and social impact of the shootings, Cloudflare's decision was a natural step, but it could have been bad for business. Cloudflare said in Form S-1 that “users had serious and negative feedback due to concerns about access restrictions and censorship”, and Cloudflare was able to protect freedom of speech and avoid political risks. A state of being sandwiched between boards is emerging.
by Marco Verch Professional Photographer and Speaker
According to technical news site The Verge , “Cloudflare is not social media, and 8chan and The Daily Stormer are usually exceptions to the neutrality that is usually required. However, a fundamental debate on freedom of speech. If you step into the process, it may be a pick-up for the chestnuts for companies that are responsible for infrastructure, '' he said, suggesting that political problems that plague Cloudflare may be protracted. It was.
in Web Service, Posted by log1l_ks