Matthew Prince (Co-founder & CEO of Cloudflare)

Bullish:

• $NET - Cloudflare has built a structural cost advantage by getting ISPs to host their servers for free while competitors pay, positioning them to win long-term through lowest cost to serve

  • “Whoever has the lowest cost to serve customers over the long term always wins.”

    Matthew·37:20
• $RDDT - Reddit's diverse user-generated content commands premium pricing in AI training data deals, receiving seven times more per token than traditional media outlets

  • “Reddit got paid seven times as much as The New York Times [for the same number of tokens].”

    Matthew·1:09:42
• $CREATORS - Content creators will become more valuable in the AI era as unique, quirky, and local content becomes increasingly important for filling knowledge gaps

  • “If we actually say you'll get paid if you fill in one of the holes [in human knowledge], then I think that leads to actually a more quirky, a more local, a more interesting Internet going forward.”

    Matthew·1:10:18

Bearish:

• $GOOGL - Google's core search and advertising business model faces disruption as the shift from search to answer engines threatens their traffic-based revenue structure

  • “Everything that's wrong in the world today is Google's fault... Google taught us to worship the deity that is traffic.”

    Matthew·49:20
• $TRADMEDIA - Traditional media content lacks differentiation from an AI perspective, resulting in lower value for AI training data compared to diverse user-generated content

  • “The difference from a LLM's perspective between The New York Times, The Washington Post, The Wall Street Journal, The Feet, The Nikkei, The London Times, not that significant.”

    Matthew·1:09:42