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Cloudflare increasing prices, introduces new yearly plans
Cloudflare is raising prices for the first time in the last 12 years. Beginning January 15, 2023, new sign-ups will be charged $25 per month for our Pro Plan (up from $20 per month) and $250 per month for our Business Plan (up from $200 per month). Any paying customers who sign up before January 15, 2023, including any currently paying customers who signed up at any point over the last 12 years, will be grandfathered at the old monthly price until May 14, 2023.
We are also introducing an option to pay annually, rather than monthly, that we hope most customers will choose to switch to. Annual plans are available today and discounted from the new monthly rate to $240 per year for the Pro Plan (the equivalent of $20 per month, saving $60 per year) and $2,400 per year for the Business Plan (the equivalent of $200 per month, saving $600 per year). In other words, if you choose to pay annually for Cloudflare you can lock in our old monthly prices.
Full article: https://blog.cloudflare.com/adjusting-pricing-introducing-annual-plans-and-accelerating-innovation/
Comments
One word: Inflation
Not bad
Not bad considering the services they provide.
Investors need to see the big returns
200 to 250 on the span of 12 years
With big inflation last 2 years
So no, this is not their ”secret sauce” to ”big returns”
Second word: Innovation
I agree on one part.Historical prices that is
However, stock price is a function of future growth (revenue, market cap, profit, service lines..) that’s the more relevant part I was referring to.
https://www.google.com/finance/quote/NET:NYSE?window=1M
As long as the free plan still exists, no problem.
100% agree