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Matthew Prince

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This article is about the business executive. For the former professional wrestler, see Matt Prince.
Matthew Prince
Prince in September 2015
Born
Matthew Browning Prince

(1974-11-13) November 13, 1974 (age 50)
Salt Lake City, Utah, U.S.
CitizenshipAmerican
Education
Occupation(s)Co-founder, executive chairman, and CEO, Cloudflare
SpouseTatiana Lingos-Webb
RelativesJohn Browning (great-great grandfather)

Matthew Browning Prince[1] (born (1974-11-13)November 13, 1974)[2] is an American business executive. He is the co-founder, executive chairman, and chief executive officer of the technology company Cloudflare. With a net worth of US$2.3 billion as of March 2023, Prince is the second wealthiest person in Utah behind Gail Miller.

Born in Salt Lake City, Utah, and raised in Park City, Prince expressed an interest in computer science from an early age and graduated from Trinity College in 1996, the University of Chicago Law School in 2000, and Harvard Business School in 2009. Prince began teaching at University of Illinois Chicago School of Law when the CAN-SPAM Act of 2003 passed, inspiring him to found Unspam and Project Honey Pot, an open source data collection software. In 2009, he created Cloudflare with Harvard Business School alumnus Michelle Zatlyn and Project Honey Pot co-founder Lee Holloway.

Early life and education

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Matthew Prince was born on November 13, 1974, at the University of Utah in Salt Lake City, Utah, and raised in Park City.[2] His father, John Browning Prince,[3] is a former journalist, restaurateur, and owned a stock brokerage firm, while his mother owned several gift stores; in high school, Prince worked for his mother. The Prince family, who have resided in Park City for multiple generations, assisted in the construction of various buildings in Park City, such as the Parleys Summit Ski Resort, the Stein Eriksen Lodge Deer Valley, and the Yarrow Hotel.[4] Prince's great-great-great grandfather was Jonathan Browning, whose son, John Browning, designed Browning Auto-5—the first semi-automatic shotgun, the M2 Browning, and the M1911 pistol.[5] When he was seven, Prince received an Apple II Plus for Christmas. Prince's mother would sneak him into computer science classes at the University of Utah.[6] He attended Rowland Hall-St. Mark's School in 1988.[7] In Park City, he worked as an assistant ski instructor.[8]

In 1996, Prince graduated from Trinity College with a Bachelor of Arts, majoring in English literature and minoring in computer science.[9][6] There, he was the editor-in-chief of The Trinity Tripod.[10] As a freshman, he co-created the online-only magazine The Trincoll Journal with Peter Adams and Paul Tesco.[11] He then was graduated from the University of Chicago Law School in 2000 with a Juris Doctor and from Harvard Business School in 2009 with a Master of Business Administration as a George F. Baker Scholar.[12][13][14]

Business career

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Early career

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While pursuing a degree from the University of Chicago, Prince worked at Latham & Watkins, and upon graduating, he worked for the online insurance company GroupWorks.[15] In 2003, Prince began teaching cyberlaw at the University of Illinois Chicago School of Law. He co-wrote a paper on the CAN-SPAM Act of 2003 following its passage in the UIC John Marshall Journal of Information Technology & Privacy Law.[16] The creation of the National Do Not Call Registry through the CAN-SPAM Act inspired Prince to create Unspam, a spam-prevention software for email. Prince co-founded Unspam Technologies, which supported the development of Project Honey Pot, an open source data collection software created by Prince and Lee Holloway designed to gather information on IP addresses used by email-address harvesting services.[9]

Cloudflare

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Main article: Cloudflare

In 2008, the Department of Homeland Security (DHS) contacted Unspam Technologies, asking, "Do you have any idea how valuable the data you have is?" The DHS' email served as the impetus for Cloudflare, a technology company Prince co-founded with Holloway and fellow Harvard Business School graduate Michelle Zatlyn the following year.[12] Cloudflare's team won the Dubilier Prize from Harvard Business School, receiving a total of US$50,000 in cash.[17]

Prince's personal information was leaked in 2012 and used by the hacker group UGNazi to facilitate a DNS hijacking attack against 4chan. UGNazi were able to forward Prince's AT&T phone number to a Google Voice number using a Social Security number the group purchased for several dollars. The transfer allowed the group to receive a two-factor authentication code for Prince's personal Gmail account, which he used as a backup for his corporate account, and were able to redirect 4chan to UGNazi's Twitter account. According to group member Eric Taylor, Prince was warned of the attack a day before it occurred through an AT&T relay; Prince confirmed that he received several calls from an AT&T relay.[18] Within a day, Cloudflare had identified three members of the group, who were also customers of Cloudflare.[19] In 2014, Prince's house was searched by a SWAT team after a spoofed number called 9-1-1 claiming that someone had a gun in his house.[20]

Cloudflare received significant attention for providing service to the Chechen news site Kavkaz Center. The Kernel journalist James Cook contacted Cloudflare about the site, sharing the email with editor-in-chief Milo Yiannopoulos, to which Prince responded by writing a blog post rebuking the email's content and writing, "A website is speech. It is not a bomb."[21] He spoke out against National Security Agency gag orders in September 2013.[22] Despite maintaining a free speech stance, Prince personally suspended service for the neo-Nazi website The Daily Stormer. An internal email by Prince and obtained by Gizmodo said that he felt compelled to act after users of The Daily Stormer began boasting that Cloudflare was "one of them". In a blog post, he later stated that suspending service opens sites open to distributed denial of service (DDoS) attacks.[23] Prince defended suspending Kiwi Farms' service in September 2022 after the site engaged in a harassment campaign against Twitch streamer Clara Sorrenti in August of that year.[24]

The Park Record

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See also: Park Record

In March 2023, Prince and his wife Tatiana acquired the newspaper The Park Record from Ogden Newspapers[25] and now provides digital articles for free.[26] The Princes intend on converting the newspaper into a non-profit or public benefit corporation and adding Spanish-language coverage.[4][26]

Personal life

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Prince and his wife Tatiana (née Lingos-Webb)[27] reside in Park City, Utah. They have a daughter.[28] According to Forbes, Prince has a net worth of US$2.3 billion as of March 2023, making him the second wealthiest person in Utah behind Gail Miller.[29] He is a World Economic Forum Technology Pioneer and a member of the Council on Foreign Relations.[14]

In October 2022, Prince's representatives had asked Park City planners to tear down a 7,000 square feet (650 m2) main house and guest house Prince owned on King Road and build a mansion, guest house, pool, and parking garage in their place. The blueprints would approach Treasure Hill, a US$64 million open space purchased by taxpayers in 2019. The matter came before the planning commission. On the same day language was added to a Senate bill that would allow Prince to tear down the houses without involvement from the committee, Prince hired lobbyist Lincoln Shurtz. The legislation failed in the House of Representatives.[29]

References

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Citations

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  1. ^ Saha, Sneha (May 6, 2023). "Why are tech companies firing thousands of engineers? It is not about saving money, honey". India Today. Retrieved May 21, 2023.
  2. ^ a b Matthew Prince [@eastdakota] (November 14, 2015). "Another year, another birthday, another excuse to open one of the bottles of wine my bought from my birth year" (Tweet) – via Twitter.
  3. ^ Goldberg, Eddy (2008). "A Man of Many Talents". Multi-Unit Franchisee Magazine. No. 2.
  4. ^ a b "Tatiana and Matthew Prince set to acquire the 143-year-old Park Record newspaper". Park Record. March 28, 2023. Retrieved May 21, 2023.
  5. ^ "Tatiana and Matthew Prince: 'The paper's not going anywhere now'". Park Record. March 31, 2023. Retrieved May 21, 2023.
  6. ^ a b Bryant, Adam (August 11, 2017). "Matthew Prince of Cloudflare on the Dangers of Fast Growth". The New York Times. Retrieved May 20, 2023.
  7. ^ Rowland Hall-St. Mark's School 1988, p. 33.
  8. ^ "Matthew Prince". Forbes. Retrieved May 20, 2023.
  9. ^ a b Groff, Emily (2009). "Matthew Prince '96". The Trinity Reporter. Retrieved May 20, 2023.
  10. ^ The Trinity Tripod 1995, p. 2.
  11. ^ Prince, Matthew (July 14, 2011). "The Folly of Charging by Bandwidth". Cloudflare. Retrieved May 20, 2023.
  12. ^ a b "Matthew Prince '00 Discusses CloudFlare with Cloud Computing Journal". University of Chicago Law School. Retrieved May 20, 2023.
  13. ^ Dan Morrell (July 12, 2019). "The Birth of a Silicon Valley Blockbuster" (Podcast). Harvard Business School. Retrieved May 20, 2023.
  14. ^ a b "The Intersection of Technology and Privacy: A Conversation with Matthew Prince '96 and Joanne Berger-Sweeney". Trinity College. May 27, 2020. Retrieved May 20, 2023.
  15. ^ Hill, Kashmir (July 30, 2014). "The Company Keeping Your Favorite (And Least Favorite) Websites Online". Forbes. Retrieved May 20, 2023.
  16. ^ Prince & Shea 2003, p. 1.
  17. ^ "Harvard Business School Holds 13th Annual Business Plan Contest". Harvard Business School. April 28, 2009. Retrieved May 20, 2023.
  18. ^ Honan, Mat (September 11, 2012). "Cosmo, the Hacker 'God' Who Fell to Earth". Wired. Retrieved May 20, 2023.
  19. ^ Cluley, Graham (February 27, 2013). "Lessons to learn from the UGNazi hacking attacks against Mat Honan and Cloudflare". Naked Security. Sophos. Retrieved May 20, 2023.
  20. ^ Newenham, Pamela (November 10, 2014). "CloudFlare's Matthew Prince on tracking down the bad guys". The Irish Times. Retrieved May 20, 2023.
  21. ^ Dredge, Stuart (August 12, 2013). "CloudFlare on censorship: 'A website is speech. It is not a bomb'". The Guardian. Retrieved May 20, 2023.
  22. ^ Tsukayama, Hayley (September 12, 2013). "CloudFlare CEO: 'Insane' NSA gag order is costing U.S. tech firms customers". The Washington Post. Retrieved May 20, 2023.
  23. ^ Conger, Kate (August 16, 2017). "Cloudflare CEO on Terminating Service to Neo-Nazi Site: 'The Daily Stormer Are Assholes'". Gizmodo. Retrieved May 20, 2023.
  24. ^ Menn, Joseph; Lorenz, Taylor (May 20, 2023). "Under pressure, security firm Cloudflare drops Kiwi Farms website". The Washington Post. Retrieved May 20, 2023.
  25. ^ Malatesta, Parker (March 28, 2023). "Park City billionaire purchases Park Record newspaper". The Salt Lake Tribune. Retrieved May 20, 2023.
  26. ^ a b "In time for Christmas, Park Record editions are now free". www.parkrecord.com. December 23, 2023. Retrieved January 2, 2024.
  27. ^ Johnson, Steven (January 16, 2018). "Why Cloudflare Let an Extremist Stronghold Burn". Wired. Retrieved May 20, 2023.
  28. ^ Carlton, Jim (April 28, 2024). "The Billionaire Dogfight Rocking Park City, Utah". The Wall Street Journal. Retrieved October 31, 2024.
  29. ^ a b Gehrke, Robert (March 2, 2023). "The House rejects a bid by Utah's richest man to build a castle above Park City — despite city code". The Salt Lake Tribune. Retrieved May 20, 2023.

Work cited

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