Matthew Prince

37 statements across 3 episodes · 8 bullish · 10 bearish · 2 people on the record · first statement Jul 15, 2019 by Santi Subotovsky · said 17 times in 7 episodes since 2019 · across every show →

On the record as a speaker too: Matthew Prince's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (5), Santi Subotovsky (1)

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Everything said about Matthew Prince, oldest first

Jul 15, 2019 negative
Disclosure
Subotovsky: Emergence Capital missed out on investing early in Cloudflare
“So the biggest miss that I've had is when I first joined Emergence one of my good friends and classmates, Matthew Prince and Michelle, were getting started with Cloudflare, and I invited them to present here at Emergence, and I didn't know how venture worked, …”
Santi Subotovsky Jul 15, 2019 ▶ 35:15 20VC: Zoom From Series A to IPO, How VCs Can Provide CEOs with Additional Leverage and Why The Negative Effects of Signalling Are Very Real with Santi Subotovsky, General Partner @ Emergence Capital
Oct 16, 2023 negative
Insight
Matthew Prince: Broad platforms rarely originate from narrow product niches
“I think it's very rare to find someone who said, I started out just trying to build, you know, the platform for, you know, People to sell snowboards, and I, and, you know, and I ended up building, building Shopify, or I started out, you know, building that sma…”
Matthew Prince Oct 16, 2023 ▶ 46:42 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Assertion Supported
Prince: The eBay Beanie Babies origin story is a PR myth
“So I've talked to the founders of eBay about that. That's complete and utter PR retrospective BS. And the reason that a lot of stories look like that is because almost nobody Once, if you're in the, you're the journalist that, that, that you said before we sta…”
Matthew Prince Oct 16, 2023 ▶ 41:17 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Insight
Prince: Cloudflare Succeeded Because Its Founders Were Silicon Valley Outsiders
“I think part of Cloudflare's success was we were nobodies. Like we didn't know anyone and we didn't get invited to all the fun parties and we weren't part of the cool kids group. And I think as a result, there was, we just focused on, How do we, you know, buil…”
Matthew Prince Oct 16, 2023 ▶ 51:47 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Opinion
Prince: Tough Mudder May Be More Successful Than Cloudflare
“I think it's an open question whether, you know, they've been more successful or we've been more successful. Like, they have no costs. They've got this thing that's just a machine that just kicks off a ton of cash, and he can go and focus on, you know, other t…”
Matthew Prince Oct 16, 2023 ▶ 54:04 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Insight
Prince: 'Strong opinions weakly held' fails when employees blindly follow CEOs
“What I've found is hard about that is that as, you know, a successful CEO, you will say something and everyone thinks, well, that, that must be right.”
Matthew Prince Oct 16, 2023 ▶ 1:01:10 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 neutral
Insight
Prince: Elite founder success requires identity to become the company
“To be as successful as Gates, to be as successful as Bezos, to be as successful as Benioff, not only do you have to love it, but it becomes you.”
Matthew Prince Oct 16, 2023 ▶ 10:32 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 neutral
Assertion Partly supported
Cloudflare designated Michelle Zatlyn as temporary CEO in public succession plan
“When we went public we had to go through, like, a succession planning exercise, you know, if Matthew gets hit by a bus who steps in as a CEO and the board decided, and I think this is publicly filed that, you know, Michelle would step in on a temporary basis a…”
Matthew Prince Oct 16, 2023 ▶ 20:03 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Not checkable as stated
Cloudflare splits decisions: Prince controls product, Zatlyn controls go-to-market and HR
“Today at Cloudflare, as we think about things, when we have a question of what product to build, ultimately, I'm the one who makes the decision on, on that. But Michelle has a ton of input and is, is helpful. But at the end of the day, it's my decision. On the…”
Matthew Prince Oct 16, 2023 ▶ 23:50 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Assertion Not checkable as stated
Michelle Zatlyn's husband runs bootstrapped ventures aiming for $3M cash flow
“It's actually Michelle my business partner, her husband, he's got two other guys and the three of them just churn out bootstrap businesses and they try to get each of them to cash flow basically three million dollars a piece. Cause then they can basically each…”
Matthew Prince Oct 16, 2023 ▶ 52:34 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Insight
Matthew Prince: Low-drama co-founder dynamics set an organization's overall culture
“And I think a lot of times the fact that, you know, she and I have been doing this now for, you know, over 14 years and We have hard conversations, but we get along. We don't have fights. We're really, we're low drama. I think that that echoes down through the…”
Matthew Prince Oct 16, 2023 ▶ 12:14 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Supported
Matthew Prince: Online spammers specialize in specific categories rather than general spam
“If somebody is, You know, a spammer for Viagra. Are they also spamming for, you know, fake university diplomas? The answer is no, by the way, people, people tend to specialize.”
Matthew Prince Oct 16, 2023 ▶ 4:15 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince: AI is fundamentally just statistics under the hood
“Today we'd call it AI, but it's all just statistics under, under the hood.”
Matthew Prince Oct 16, 2023 ▶ 3:04 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince: Startups are doomed if co-founders struggle to split responsibilities
“If it's not totally clear, Then it can become really, really bad.”
Matthew Prince Oct 16, 2023 ▶ 17:37 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince: Almost all startup founders begin with wild, massive visions
“It is very hard to find an actual startup founder that, that started out saying, we're going to do this small niche thing, and then it grew into this, is this big task. Almost everyone early on, you know, it's why founders, you know, can come across as so, so …”
Matthew Prince Oct 16, 2023 ▶ 44:23 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Opinion
Prince: Being married to your co-founder is the worst dynamic
“I mean, the worst, and people make this work, so there's an exception to every rule, but the worst is being married to your co-founder.”
Matthew Prince Oct 16, 2023 ▶ 22:26 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Disclosure
Prince: Cloudflare's first 1,000 customers shared no discernible pattern
“In our case, you know, it was the first thousand customers were all over the place, and they, I can't tell any, like, discernible pattern between them, except for that they were, you know, crazy enough to sign up for us.”
Matthew Prince Oct 16, 2023 ▶ 43:03 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Disclosure
Matthew Prince: Prioritizing Cloudflare ruined personal relationships during early startup years
“I feel very fortunate to have dated some just incredible people over, over the years, and especially during the time of starting, starting Cloudflare, and it could have worked out with almost any of them but I think what happened was, you know, your company ca…”
Matthew Prince Oct 16, 2023 ▶ 26:42 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince: Co-founders should start as colleagues, not friends
“So I think you inevitably, if you do it right, become friends. But I think what you want to start out as is colleagues.”
Matthew Prince Oct 16, 2023 ▶ 23:09 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Opinion
Prince: Jeff Bezos is optimizing his life for Instagram
“And for a long time, I looked at like, you know, Jeff Bezos. I was like, wow, he seems like he has a pretty good life. He's not a pretty happy person. And out today, it seems like he's optimizing his life for Instagram, which is weird.”
Matthew Prince Oct 16, 2023 ▶ 9:19 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Insight
Prince: Most founders end up miserable or dead after leaving
“So I think that they, I think that there's, unfortunately, there's a lot of founders who, after they leave their companies end up either miserable or dead.”
Matthew Prince Oct 16, 2023 ▶ 9:49 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince: Founders should pick complementary opposites rather than friends as co-founders
“Instead of picking someone who I'm friends with, let me pick somebody who is actually kind of the opposite to me.”
Matthew Prince Oct 16, 2023 ▶ 19:18 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Insight
Matthew Prince: Founders need a big vision for fundraising, recruiting, and resilience
“When you're fundraising, you have to present a big picture. When you're recruiting, you have to present a big picture. When, even, even when you're just trying to keep your mental health of why is this so hard? You have to believe in that big vision.”
Matthew Prince Oct 16, 2023 ▶ 47:09 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Disclosure
Matthew Prince made his first money selling illegal fireworks in fourth grade
“In about fourth grade or so I had access to a bunch of illegal fireworks. And I would sell them at school, which was, made me really popular with the other kids, but not so popular with their parents. And so I think that that, that probably something around th…”
Matthew Prince Oct 16, 2023 ▶ 1:49 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Insight
Prince: Choosing co-founders is a founder's second most important life decision
“And, you know, the probably most important thing that you do in your life is pick who your partner is in, in, in, in, you know, whether it's marriage or whatever, whatever you believe in. And I think then the private second most important thing, if you're a fo…”
Matthew Prince Oct 16, 2023 ▶ 12:31 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 positive
Assertion Not checkable as stated
Prince: Michelle Zatlyn originated the idea for Cloudflare
“And it was actually Michelle who was like, that's the idea. We're building that. And so it wasn't really even my aha moment. It was actually Michelle's.”
Matthew Prince Oct 16, 2023 ▶ 6:20 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Not checkable as stated
Matthew Prince Was Debt Broke When Starting Cloudflare in 2009
“When we started Cloudflare, I was debt broke. Like I, if we hadn't raised money in November of 2009, like I wasn't sure how I was going to pay my rent. I'd already borrowed a bunch of money from my mom”
Matthew Prince Oct 16, 2023 ▶ 27:35 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Partly supported
Matthew Prince: First spam email arrives an average of one week post-harvesting
“What's the length of time between when a spam crawler harvest your email address and then when you get the first spam message, it averages about a week.”
Matthew Prince Oct 16, 2023 ▶ 4:25 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Partly supported
Russia sanctioned three tech CEOs together: Benioff, Prince, and Zuckerberg
“There's, there are three tech executives that that got sanctioned at the same time. Yeah, you already interviewed Benioff, who was one of them, it was me, And then, ah, and then Zuckerberg.”
Matthew Prince Oct 16, 2023 ▶ 15:29 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Prince's management rule: Check personal health issues when employee behavior abruptly changes
“And I try now when people you know, their behavior changes dramatically. To ask, you know, is there something going on in their personal life? Is there something going on with their health? Is there something else that's out there?”
Matthew Prince Oct 16, 2023 ▶ 1:00:19 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023 negative
Insight
Matthew Prince: Founders who stay too long harm their companies
“There is a right time to step away from the company that you founded. And I think there are people who have held on to it too long and sometimes, you know, at the detriment of their company and some of the really smart people that could take the company over.”
Matthew Prince Oct 16, 2023 ▶ 8:37 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Insight
Matthew Prince: Throwing noise at data streams preserves user online privacy
“You can't eliminate signal, but if you can throw enough noise at it, that's another way to prevent tracking and preserve privacy.”
Matthew Prince Oct 16, 2023 ▶ 3:15 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 16, 2023
Assertion Not publicly verifiable
Prince wrote his 1996 college thesis arguing the internet was a fad
“I wrote my college thesis on why the internet was a fad in 96 1996.”
Matthew Prince Oct 16, 2023 ▶ 1:01:50 Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
Oct 24, 2023 negative
Assertion Supported
Prince: The story of eBay starting with Beanie Babies is PR BS
“So, so the eBay example, you're like eBay started with Beanie Babies. So I've talked to the founders of eBay about that. That's complete and utter PR retrospective BS.”
Matthew Prince Oct 24, 2023 ▶ 11:59 Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
Oct 24, 2023
Disclosure
Cloudflare never raised angel or friends-and-family capital before its IPO
“So like at Cloudflow, we never raised like angel money. We never raised from friends and family literally until we were going public. And then we let, let folks like that invest in the IPO, but we didn't do it otherwise.”
Matthew Prince Oct 24, 2023 ▶ 3:25 Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
Oct 24, 2023 positive
Opinion
Prince: Bootstrapped Tough Mudder might be more successful than Cloudflare
“I think it's an open question whether, you know, they've been more successful or we've been more successful. Like, they have no costs. They've got this thing that's just a machine that just kicks off a ton of cash, and he can go and focus on, you know, other t…”
Matthew Prince Oct 24, 2023 ▶ 25:55 Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
Oct 24, 2023 negative
Insight
Prince: Expanding a tiny niche product into Shopify is extremely rare
“I think it's very rare to find someone who said, I started out just trying to build, you know, the platform for, you know, People to sell snowboards, and I, and, you know, and I ended up building, building Shopify, or I started out, you know, building that sma…”
Matthew Prince Oct 24, 2023 ▶ 17:29 Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
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