BREAKING
Cloudflare powers 20% of all internet traffic NET stock beats Q4 2025 earnings estimates Prince named TIME 100 Most Influential in AI 2025 Cloudflare defends internet infrastructure for 20M+ websites Matthew Prince buys Park City newspaper - now profitable via AI licensing @eastdakota on AI: "Local news is the place to be" Cloudflare fights back against unauthorized AI bots Park City Mountain Resort acquisition rumors heat up Cloudflare powers 20% of all internet traffic NET stock beats Q4 2025 earnings estimates Prince named TIME 100 Most Influential in AI 2025 Cloudflare defends internet infrastructure for 20M+ websites Matthew Prince buys Park City newspaper - now profitable via AI licensing @eastdakota on AI: "Local news is the place to be" Cloudflare fights back against unauthorized AI bots Park City Mountain Resort acquisition rumors heat up
Matthew Prince, Co-founder and CEO of Cloudflare

MATTHEW PRINCE - CO-FOUNDER & CEO, CLOUDFLARE

INTERNET INFRASTRUCTURE

MATTHEW
PRINCE

The man who built the internet's backbone - and still has opinions about your DNS settings.

"Recovering lawyer. Former ski instructor. Current gatekeeper of 20% of the web."

Cloudflare CEO TIME 100 AI Founder $6.5B Net Worth @eastdakota
20% of all internet traffic
$6.5B estimated net worth
2009 Cloudflare founded
15+ years running Cloudflare

The Man Who Runs the Internet

Matthew Prince does not have the most famous face in tech. He does not host events at football stadiums or invite you to live inside his products. He is not trying to colonize Mars. What he does instead is quietly ensure that when you type a URL into your browser, something actually happens - and happens fast. Cloudflare, the company Prince co-founded in 2009, sits beneath roughly 20% of all internet traffic on earth. It protects websites, accelerates content delivery, scrubs malicious traffic, and manages the DNS infrastructure for millions of domains. It is not glamorous work. It is, however, essential work - the kind that only becomes visible when it stops working.

Prince is a particular breed of tech CEO: genuinely curious, legally precise, and not especially interested in performing the role of visionary for your entertainment. His Twitter handle is @eastdakota - a choice that tells you something about his relationship with self-promotion. He would rather argue about BGP routing or the philosophy of internet governance than pose for a magazine cover. And yet the magazine covers find him anyway. In 2025, TIME named him one of the 100 Most Influential People in AI. He made the list not because he built an AI product, but because he built the infrastructure that all AI products depend on.

The Cloudflare origin story begins, improbably, in a law school classroom. Prince was teaching a cyberlaw seminar in the early 2000s when a student asked a question that stuck with him: how do you stop a spammer if you do not know who they are? Prince did not have a good answer. So he spent the next several years building one. The result was Project Honey Pot - an open-source system that created decoy email addresses to trap and identify spam sources. Honey Pot became one of the largest distributed cybersecurity datasets ever assembled, attracting millions of participants worldwide. It was also the technical and intellectual foundation for Cloudflare.

At Harvard Business School in 2009, Prince, Michelle Zatlyn, and Lee Holloway turned that foundation into a business plan called Project Web Wall. They won the school's Business Plan competition in April of that year. By July, Cloudflare was incorporated. By September 2010, it launched publicly at TechCrunch Disrupt - the same stage where Dropbox, Foursquare, and a string of other now-household names had announced themselves to the world. Cloudflare fit right in and then kept growing long after many of those companies had faded or pivoted.

What makes Cloudflare genuinely unusual is the breadth of what it protects. A DDoS attack that would knock most servers offline gets absorbed. A sudden traffic spike that would crash an unprotected server gets distributed. A malicious bot that would scrape or probe a site gets identified and stopped. Cloudflare does this for hobbyist bloggers and Fortune 500 companies alike - often for free at the basic tier. Prince has always been clear that the mission is not simply to build a profitable business; it is to build a better internet. These two goals have, so far, been compatible.

That compatibility has occasionally been tested. In 2019, after sustained public pressure, Cloudflare terminated services to 8chan, a fringe message board linked to mass shootings. Prince was publicly conflicted about the decision - not because he was sympathetic to 8chan's content, but because he recognized the danger of a private company with no democratic accountability making unilateral decisions about what can and cannot exist online. His response was characteristically lawyerly: he wrote a long, precise blog post laying out the tension, acknowledged that Cloudflare had done something dangerous even while doing something arguably right, and called for clearer legal frameworks to govern these decisions going forward. It was not the kind of statement a PR team would write. It was exactly the kind of statement a former cyberlaw professor would write.

In the AI era, Prince has found Cloudflare sitting at yet another inflection point. AI companies, building and training massive models, need to crawl the web at enormous scale. Publishers, watching their traffic dry up as AI summaries replace click-throughs, are increasingly desperate to control who accesses their content and on what terms. Cloudflare is positioned squarely in the middle. Prince has developed tools letting publishers audit and block AI bots - and has spoken openly about the need for a fairer economic model between AI companies and the content creators they depend on. The irony is not lost on him: the company built to make the internet more open is now one of the primary tools people use to close parts of it off.

You win a lot of points for firing Nazis from using your service, but it sets a dangerous precedent when a company that most of your viewers have never heard of is effectively deciding what can and cannot be on the internet.
- Matthew Prince, on the 8chan decision

Away from the server racks and the policy debates, Prince is a Park City, Utah institution. His family has been embedded in the resort town for generations - they were involved in developing Stein Eriksen Lodge, Parsons Summit Ski Resort, and the Yarrow Hotel. He is a certified ski instructor. He has bought a local newspaper. He is reportedly interested in acquiring Park City Mountain Resort from Vail Resorts. For a man who quietly influences the plumbing of the global internet from a mountain town in Utah, this is entirely on-brand.

The newspaper purchase - The Park Record, one of the oldest papers in Utah - has turned into something of an accidental case study in new media economics. Prince and his wife Tatiana Lingos-Webb bought the paper in March 2023, largely out of civic interest. What they discovered was that licensing the paper's local news archive to AI companies was generating more revenue than digital advertising. By 2026, that licensing income was on track to exceed all digital media revenue combined. Prince has spoken about this openly and with evident interest: if local news cannot survive on clicks and ads, maybe it can survive on being a data source for the machines that are replacing clicks and ads. It is a weird answer. It might also be the right one.

At 51, Prince is neither a first-act entrepreneur nor a late-career figurehead. He has been running the same company for 16 years, which in tech terms makes him practically an institution. Cloudflare's Q4 2025 earnings beat Wall Street estimates, driven in part by surging AI agent traffic on its network. The flywheel Prince described - more AI agents, more traffic, more infrastructure value, more revenue - appears to be spinning. He is, by any measure, one of the most important people in the history of the internet. He would probably object to the phrasing. Which is part of why it is true.

What Prince Says

I love starting these businesses - building teams, gathering resources, and coming up with solutions to unmet needs. It's been great working with all the talented people I've been fortunate to have crossed paths with over the years.

Local news is the place to be as AI proliferates. The data is local, the relationships are local, the trust is local. That's what AI companies can't replicate.

From Apple II to Internet Backbone

1980
Received Apple II Plus at age 6 - immediately disappeared into it
1996
Graduated Trinity College; wrote thesis "Why The Internet is a Fad" (he would later reconsider)
2000
Graduated University of Chicago Law School; joined Latham & Watkins
2001
Began teaching cyberlaw; a student's question about spam would change everything
2004
Co-founded Unspam Technologies; launched Project Honey Pot - one of the largest cybersecurity honeypot systems ever built
2009
Won Harvard Business School Business Plan competition with Cloudflare concept; co-founded Cloudflare with Michelle Zatlyn and Lee Holloway
2010
Cloudflare launches publicly at TechCrunch Disrupt
2019
Led Cloudflare's IPO on the New York Stock Exchange (NYSE: NET)
2023
Purchased The Park Record newspaper with wife Tatiana - inadvertently discovered AI content licensing as a viable media business model
2025
Named TIME 100 Most Influential People in AI; purchased Town Lift Plaza in Park City; Cloudflare AI agent traffic surges
2026
Cloudflare beats Q4 2025 earnings; Park City settlement clears path for Treasure Hill mansion; continues reshaping the internet's relationship with AI

Honey Pot to Cloudflare

The cyberlaw class question that launched a company was deceptively simple: How do you catch a spammer you cannot identify? Prince's answer was Project Honey Pot - fake email addresses seeded across the web to lure and fingerprint spam sources. The system attracted millions of volunteers and built one of the largest datasets of malicious internet actors in existence.

That dataset was the seed of Cloudflare's intelligence layer. When spammers, scrapers, and attackers hit a Cloudflare-protected site, they are matched against a global threat profile assembled from billions of data points across millions of websites. The network effect compounds with every new customer. The moat gets deeper every day.

Lee Holloway (the engineering genius behind the early systems) and Michelle Zatlyn (who built Cloudflare's go-to-market and commercial engine) completed the founding trio. Holloway has since stepped back from day-to-day work. Prince and Zatlyn have run the company together for 15+ years - a partnership remarkable in its longevity and stability for Silicon Valley standards.

The Scoreboard

🌐
Built Cloudflare to handle ~20% of all global internet traffic - protecting millions of websites from DDoS, scraping, and malicious bots
📈
Led Cloudflare's 2019 IPO and continues to grow the company's revenue and market cap as AI infrastructure demand surges
🏆
Named TIME 100 Most Influential People in AI (2025) - recognized for Cloudflare's central role in AI infrastructure
🔐
Pioneered Project Honey Pot - one of the largest open-source email spam tracking systems ever built, with millions of participants
🎓
George F. Baker Scholar and Dubilier Prize for Entrepreneurship winner at Harvard Business School
🗞️
Turned The Park Record newspaper into a profitable AI-era media property - generating more from AI content licensing than digital advertising
🌍
World Economic Forum Technology Pioneer and Council on Foreign Relations member - shaping policy as well as infrastructure
💰
Utah's wealthiest individual with an estimated net worth of $5.5-6.5 billion (2025), derived primarily from Cloudflare equity

Things You Probably Didn't Know

01
Prince wrote his Trinity College thesis arguing that the internet was a fad. He has since built a company that powers a fifth of it. The thesis is not publicly available, which is probably for the best.
02
His Twitter handle @eastdakota predates Cloudflare by years. It is not a reference to the state. Prince has never fully explained it, which makes it better.
03
Prince is a descendant of John Browning, the prolific firearms inventor who designed the Colt M1911, the Browning Hi-Power, and dozens of other weapons still in use worldwide. Prince's weapon of choice is a BGP route.
04
He is a certified ski instructor. His family helped build Park City's resort infrastructure for generations. He now wants to buy Park City Mountain Resort. This is either a hobby or a destiny, depending on your perspective.
05
The business plan for Cloudflare won Harvard's competition in April 2009. The company was incorporated in July 2009. The public launch was September 2010. From thesis to live product in 18 months.
06
Prince describes himself as "a repeat entrepreneur, recovering lawyer, and former ski instructor." All three are accurate. None of them fully captures what he actually does for a living.

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