$RKLB (-5,29%) completed the 100% return today. The share climbs and climbs. After $NET (-0,2%) my second position.

The journey continues... I wish I had invested more!

Excited about Neutron :)

🏢 Company overview

- Founded in 2009 in San Francisco

- Global network in 300+ cities

- Focus: Internet infrastructure & cybersecurity

🙋 Personal reference

I use Cloudflare myself - for faster loading times, DDoS protection and blocking unwanted AI crawlers. It's stable, secure and efficient.

🧰 What does Cloudflare offer?

1. CDN (Content Delivery Network)

📦 Faster loading times for websites worldwide

2. DDoS protection

🛡️ Automatic defense against botnets & attacks

3. zero trust security

🔐 No access without verification - ideal for companies with remote teams

4. cloudflare workers

🧠 Serverless computing directly at the edge → fast, scalable, affordable

5. R2 & D1

📁 R2 = S3-compatible object storage without exit fees

🧮 D1 = serverless SQL database

6 Magic Transit / Magic WAN

🌐 Network infrastructure & routing for large companies

7. bot management & web application firewall (WAF)

🤖 Protects web applications from malicious access

8. recently: pay-per-crawl (July 2025)

💰 Websites decide for themselves whether and at what price AI crawlers are allowed to use content

📈 Growth & cash flow

- Turnover growth (TTM): +27.8%

- 2-year growth: +30.8 %

- Free cash flow margin: 11%

- Operating cash flow: doubled to USD 145.8 million

- ACV Q1 2025: largest new customer contract (USD 130 million)

💪 Efficiency

- Rule of 40: ~43 % (28 % sales growth + 15 % EBITDA margin)

- Magic number: ~1.1 ✅

- Net retention rate: ~115% → Existing customers spend more in the following year

🧱 Investments instead of profit maximization

Cloudflare could have been profitable for a long time, but has made a conscious decision to invest in its own growth. In 2025, for example, another bond was issued to drive forward new infrastructure and products such as "pay-per-crawl".

💡 Clear message: the focus is on scaling instead of short-term margin optimization.

📊 Valuation & risks

- EV/FCF: ~32×

- Not yet consistently profitable (no P/E)

- Competition: AWS, Akamai, Fastly, among others

- High expectations in the market - but solid delivery so far

🧠 Conclusion

Cloudflare is for me:

- A real growth stock with tech quality

- Strong NRR, Rule of 40 fulfilled, innovative product range

- I use the services myself & see the growth potential

- Not a dividend payer - but scalable, efficient and future-oriented

➡️ Buy & Hold.

What do you think - is Cloudflare more tech hype or tech infrastructure with substance for you?

👇 Write it in the comments!

($NET (-0,2%) ) #

Cloudflare #NET
#SaaS
#RuleOf40
#MagicNumber
#EdgeComputing
#Cybersecurity
#GrowthStock
#PayPerCrawl
#TechAktien
#Getquin
#LangfristigInvestieren

$NET - Cloudflare as a game changer for content creators

Hey folks,

I received a very exciting shareholder letter today at 12 noon, which is of interest to anyone who creates or operates content on the Internet - large or small.

With "pay-per-crawl", Cloudflare ($NET) is introducing a model that could change the rules of the game on the Internet in the long term. I myself run a content-based website with a focus on SEO, organic reach and advertising revenue (e.g. via AdSense) - and what's happening here is potentially a real game changer.

🔍 What is "pay-per-crawl"?

Cloudflare announced on July 1, 2025 that publishers will be able to decide for themselves what happens to their content in the future - at least when it comes to AI crawlers.

Instead of ChatGPT & Co. simply "taking" content, there will be three options in future:

✅ Allow crawl

💰 Allow crawl only against payment

🚫 Block crawl completely

💡 The whole thing is based on the HTTP status code 402 - Payment Required (never used before). The highlight: Cloudflare handles the payment processing between AI companies and website operators. So you don't have to negotiate yourself, but can centrally control who gets access - and who has to pay.

💡 Why is this so important?

The classical logic was:

Content = SEO traffic = advertising revenue.

But: AI crawlers like those from OpenAI or Anthropic fetch content without sending users back.

The result? More and more "crawling", but less and less real traffic.

A few figures from the Cloudflare blog:

• Google: ratio of crawl to visitors used to be 2:1, now 18:1
• OpenAI: 1,500:1
• Anthropic: 60,000:1 (!)

👉 Means: Content is used massively - but the publisher sees none of it.

Pay-per-crawl could change exactly that.

💸 Three key advantages for publishers

1. protection against "content theft" by AI

Crawling is no longer automatically allowed - you have control again.

2. new source of income

Instead of relying on advertising alone, there is direct cash per AI access.

3. compensate for traffic losses

Fewer visitors? No problem if you get paid for machine usage.

📌 My reference to this

I run a content-curated website myself with a focus on regional data, location information and manually maintained content.

I've been using Cloudflare for a long time - CDN, security features, R2 storage - everything works.

Now the new feature also gives me the opportunity to protect my content AND monetize it at the same time - without having to set up my own license agreements. That's powerful.

🤝 Who else is behind this?

The initiative is supported by real big names such as:

🗞 Condé Nast

📷 Pinterest

📚 TIME

📰 The Associated Press

💬 Reddit

and many more...

Publishers no longer want to give their content away, they want to make money from the AI economy. Roger Lynch (CEO of Condé Nast) puts it in a nutshell:

"When AI companies can no longer take everything for free, it opens the door for sustainable innovation."

📈 Outlook for $NET (Cloudflare)

According to Cloudflare, this model could generate over USD 500 million in revenue in the first year alone.

For $NET, this would not only be an additional revenue stream - but the positioning as the infrastructure of the AI era.

After all, Cloudflare has a view of around 20% of global internet traffic, making it a gatekeeper that AI companies cannot ignore.

🔮 My conclusion

Pay-per-crawl could:

• make the web fairer again,
• decommercialize AI usage,
• open up new opportunities for publishers and creators.

For me, it's a glimmer of hope.

If this model really takes hold, even smaller content operators - without direct deals with OpenAI & Co - will have a voice and a price tag.

I'm keeping a close eye on the beta - and will be ready as soon as it goes live.

🗣 What do you think?

Are we seeing the birth of a fair web AI economy - or will it be taken over by the big players again?

https://blog.cloudflare.com/introducing-pay-per-crawl/

https://cloudflare.net/news/news-details/2025/Cloudflare-Just-Changed-How-AI-Crawlers-Scrape-the-Internet-at-Large-Permission-Based-Approach-Makes-Way-for-A-New-Business-Model/default.aspx

#Cloudflare
$NET (-0,2%)
#KI
#Publisher
#PayPerCrawl
#ContentMonetarisierung
#Getquin

📊 My June 2025 in the portfolio: winners, losers & additional purchases

⸻

✅ Top performers in June

- Iris Energy: +53 % $IREN (+9,97%)

- Cloudflare: +16,2 % $NET (-0,2%)

- Datadog: +10,7 % $DDOG (-0,14%)

- VanEck Uranium ETF: +9,8 % $NUKL (-0,86%)

- NuBank: +8,7 % $NU (-0,82%)

⸻

❌ Losers in June

- BYD: -12,1 % $1211 (+0,79%)

- Berkshire Hathaway: -6,8 % $BRK.B (-0,12%)

- Rheinmetall: -4,6 % $RHM (-1,33%)

- Alibaba: -3,9 % $BABA (+0%)

- MercadoLibre: -1,3 % $MELI (-2,15%)

⸻

🔁 My additional purchases in June

- MSCI ACWI - 170 € (Core)

- MSCI Small Cap - 15 € (Core)

- Iris Energy - 50 €

- Tomra Systems - 100 € (buy after crash)

- Alibaba (ADR) - 50 € (long-term position building)

- Datadog (A) - 50 € (long-term position building)

- Ultrashort Bonds (EUR) - 150 € (dry powder)

⸻

📎 I track my portfolio transparently on Getquin - link in bio

💬 What was your strongest or weakest stock in June?

#DepotUpdate #Month in review #Investing #BuyAndHold #StockMarket #ACWI #ETFStrategy #Uranium #Cloudflare #LongTermInvesting #TheSpeculator #Getquin #parqet

A first position opened here as well

Hello everyone,

Things have been a bit quiet for me over the last few months.

Here are a few investments that I made during this period and also during the crash.

Buy:

$NVO (-0,36%)

Tranche: Entry at €57.90

Tranche: € 64.60

$COIN (+2,48%)

Entry at € 205.25

$NET (-0,2%)

Entry at € 108.32

$GOOGL (+1,28%)

Entry at € 140.40

$BBAI (-3,22%)

Further tranche at € 3.26

Sell:

$LMT (-0,18%)

Sell at 426€

$HIMS (-3,26%)

Sale at 40,99€

During this time, I also $RHM (-1,33%) and $TSLA (-0,9%) shorted, losing 100% on the respective shorts :D.

What investments did you make during this time?

Before the moment is over again, I would like to take a moment to celebrate my first small milestone: after almost a year of active trading, I have reached €10,000.

Most of the time I was still a student - with small savings rates, a lot of curiosity and learning by doing (and many mistakes). I've now been working as an engineer for a month and can invest properly for the first time. I'm excited to see where the journey will take me.

I am pursuing a long-term growth strategy, but I also like the charm of dividends as a motivator. With half of the bonuses, I will probably buy individual shares or burn a penny or two by gambling.

I know things aren't going perfectly, but I'm prepared to learn from mistakes and constantly question my strategy.

One small fly in the ointment: my Mercedes shares are currently still blocked.

I look forward to your feedback, experiences and tips - on the subject of crypto, I'm still torn as to whether I've missed the party.

Savings plans: 690€

200€ - $IWDA (-0,13%)

60€ - $EIMI (+0,19%)

40€ each - $JEGP (-0,7%)
$MAIN (-0,31%)

25€ each - $NOVO B (-0,5%)
$HTGC (-1,98%)
$GOOGL (+1,28%)
$WMT (+0,59%)
$CRWD (+0,63%)
$AMZN (+0,39%)
$MELI (-2,15%)
$META (+0,57%)
$NET (-0,2%)
$ALV (-0,31%)
$WM (-1,25%)
$ASML (-1,5%)
$SAP (+0,08%)
$PLTR (-0,36%)

Subscribe to the podcast to help Palantir break a new all-time high.

00:00:00 Palantir

01:00:00 Nebius

01:13:32 AMD & Nvidia

01:50:00 Cloudflare

Spotify

https://open.spotify.com/episode/5Osd7jZQj2cSLXAPMk6wlp?si=LuwqaJviR_6yDAcnrdJ64Q

YouTube

https://youtu.be/SeJ46jphgKY

Apple Podcast

https://podcasts.apple.com/us/podcast/88-palantir-amd-nvidia-cloudflare-nebius/id1695869891?i=1000708024970

$PLTR (-0,36%)
$AMD (+0%)
$INTC (+0,15%)
$NVDA (-0,62%)
$NBIS (+2,21%)
$NET (-0,2%)
#podcast
#spotify
$SPOT (+1,12%)

Source: Finchat

$PLTR (-0,36%)

$NOW (-0,85%)

$SPOT (+1,12%)

$PANW (+2,34%)

$SHOP (+0,09%)

$CRWD (+0,63%)

$FTNT (+1,04%)

$ABNB (-1,47%)

$COIN (+2,48%)

$AXON (-0,12%)

$RBLX

$NET (-0,2%)

$HOOD (-2,35%)

$TTD (+1,15%)

$DUOL

$HIMS (-3,26%)