In principle I agree with this, but do feel this is said more readily about Cloudflare than other companies it could said about - such as Amazon (via AWS), Google and Microsoft.
Perhaps my own mental model is wrong, but I see them as a credible challenger to those very oligopolistic companies, and wish there were more Cloudflares.
Perhaps my own mental model is wrong, but I see them as a credible challenger to those very oligopolistic companies, and wish there were more Cloudflares.