BlackRock vs Cloudflare: Founders, CEOs and History
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner and is led by Larry Fink. Cloudflare was founded in 2009 by Matthew Prince, Michelle Zatlyn, Lee Holloway and is led by Matthew Prince.
Company facts
BlackRock
- Founded
- 1988
- Headquarters
- New York, NY
- Current CEO
- Larry Fink
- Employees
- 24,900
Cloudflare
- Founded
- 2009
- Headquarters
- San Francisco, California
- Current CEO
- Matthew Prince
- Employees
- 5,156
Founders
BlackRock
Larry Fink
Fink joined First Boston in 1976 and became one of its youngest managing directors, running a mortgage-bond desk that was highly profitable until a 1986 interest-rate move cost it about $100 million.
Robert S. Kapito
Kapito worked alongside Fink at First Boston and joined him in founding BlackRock in 1988.
Susan Wagner
Wagner ran many of the functions that let a small bond shop grow into a global firm, including strategy, corporate development and operations.
Barbara Novick
For roughly BlackRock's first two decades Novick ran its global client business, winning the institutional mandates that funded the firm's early growth.
Ben Golub
Golub led much of the quantitative work behind BlackRock's risk-first approach, building analytics for mortgage prepayment, interest-rate and credit risk that became central to Aladdin.
Hugh Frater
Frater was one of the mortgage specialists who helped launch BlackRock's fixed income business and held senior roles at the firm before leaving.
Ralph Schlosstein
Schlosstein brought corporate finance and public policy experience to the founding team; before Lehman he worked at the US Treasury and on the White House domestic policy staff during the Carter administration.
Keith Anderson
Anderson ran BlackRock's fixed income investing for two decades, the core of the firm until iShares arrived with the 2009 BGI deal, and sat on its executive committee. In 2008 he left to become Chief Investment Officer of Soros Fund Management.
Cloudflare
Matthew Prince
Matthew Prince is Cloudflare's co-founder, CEO, and board chair. In 2004 he and Lee Holloway built Project Honey Pot, which let website owners track spammers harvesting email addresses but could not stop them.
Michelle Zatlyn
Michelle Zatlyn is Cloudflare's co-founder, President, and Chief Operating Officer, and a member of its board. She met Matthew Prince at Harvard Business School, where the two developed the business plan that became Cloudflare in 2009.
Lee Holloway
Lee Holloway co-founded Cloudflare in 2009 and was its first lead engineer and systems architect. He had earlier built Project Honey Pot with Matthew Prince starting in 2004, and he designed much of Cloudflare's early software infrastructure.
CEOs and their tenures
BlackRock
- Larry Fink1988–present
Chairman and Chief Executive Officer
Fink co-founded BlackRock in 1988 and has run it for its entire history, taking it from a bond boutique to the world's largest asset manager.
Source - Susan Wagner1988–2012
Co-Founder, Chief Operating Officer and Vice Chairman
Co-founder who led strategy, corporate development and operations, including BlackRock's side of the MLIM merger and the BGI acquisition, before retiring from management in 2012 and joining the board.
Source - Robert S. Kapito2007–present
President
Co-founder who long ran BlackRock's Portfolio Management Group across fixed income, equity, liquidity and alternatives before becoming President in 2007, overseeing day-to-day operations.
Source - Rob Goldstein2014–present
Chief Operating Officer
Named COO in 2014 after running BlackRock's global institutional client business; oversees operations across the firm and sits on the management committee created in 2025.
Source - Martin Small2023–present
Chief Financial Officer
CFO since 2023; leads financial planning and investor reporting and has laid out the 2030 targets for private markets, technology and digital asset revenue on earnings calls.
Source - Adebayo Ogunlesi2024–present
Chairman and CEO, Global Infrastructure Partners
Founder of GIP who joined BlackRock's leadership when the deal closed in October 2024; leads its infrastructure business, including the Aligned Data Centers and AES transactions.
Source
Cloudflare
- Matthew Prince2009–present
Co-Founder, Chief Executive Officer, and Chair
Co-founded Cloudflare in 2009, led it through its September 2019 NYSE IPO, and has grown annual revenue past $2 billion (2025) while expanding from web security into Zero Trust, developer, and AI services.
Source - Michelle Zatlyn2009–present
Co-Founder, President, and Chief Operating Officer
Co-founded Cloudflare in 2009 with Matthew Prince and Lee Holloway and, as President and COO, has led operations and company-building as Cloudflare scaled to more than 5,000 employees.
Source - Thomas Seifert2017–present
Chief Financial Officer
As CFO, he consistently delivered high revenue growth while carefully controlling capital expenditures, allowing Cloudflare to heavily invest in its serverless Edge computing network.
Source
Timeline: BlackRock and Cloudflare side by side
1988BlackRock
Founded inside the Blackstone Group
Larry Fink and seven partners start Blackstone Financial Management, a bond and risk-management unit backed by a $5 million credit line from the Blackstone Group.
1992BlackRock
Renamed BlackRock
The business takes the BlackRock name and ends the year managing about $17 billion in assets.
1994BlackRock
Sold to PNC for $240 million
After a dispute over equity for new hires, Blackstone sells BlackRock to PNC, which becomes its long-term majority owner.
1999BlackRock
NYSE IPO
BlackRock lists on the New York Stock Exchange on October 1, 1999, at $14 per share.
2000BlackRock
BlackRock Solutions launched
BlackRock starts selling its internal risk analytics, later known as Aladdin, and advisory services to other institutions.
2006BlackRock
Merger with Merrill Lynch Investment Managers
The MLIM deal adds equity, retail and international businesses and gives Merrill Lynch a stake of nearly half of BlackRock.
2008BlackRock
Hired to manage crisis assets
The Federal Reserve Bank of New York hires BlackRock to manage the Maiden Lane portfolios taken over from Bear Stearns and AIG.
2009BlackRock
Acquires Barclays Global Investors and iShares
BlackRock closes its purchase of BGI on December 1, 2009, becoming the world's largest asset manager and taking over the iShares ETF business.
2009Cloudflare
Cloudflare Founded
Matthew Prince, Michelle Zatlyn, and Lee Holloway founded Cloudflare, building on the Project Honey Pot spam-tracking project.
2010Cloudflare
TechCrunch Disrupt Launch
Cloudflare launched publicly at TechCrunch Disrupt in San Francisco in September 2010, offering free website protection and acceleration.
2014Cloudflare
Universal SSL and Project Galileo
Cloudflare gave free SSL certificates to all customers with Universal SSL and launched Project Galileo to protect at-risk nonprofits and journalists for free.
2017Cloudflare
Cloudflare Workers Announced
Cloudflare introduced Workers, a serverless platform built on V8 isolates that lets developers run code across its network.
2019Cloudflare
NYSE IPO
Cloudflare completed its IPO on the New York Stock Exchange under the ticker NET in September 2019 at $15 per share, raising about $525 million.
2020BlackRock
PNC exits its stake
PNC sells its roughly 22% stake in BlackRock, leaving the company without a large controlling shareholder.
2020Cloudflare
Cloudflare One Launched
Cloudflare bundled its Zero Trust access, secure web gateway, and network services into Cloudflare One, its SASE platform.
2022Cloudflare
Area 1 Security and R2 General Availability
Cloudflare acquired email security company Area 1 Security for about $162 million and made R2 zero-egress object storage generally available.
2023BlackRock
Moves headquarters to 50 Hudson Yards
BlackRock moves its New York headquarters to the 50 Hudson Yards tower on Manhattan's West Side.
2024BlackRock
iShares Bitcoin Trust launch and GIP deal
BlackRock launches the iShares Bitcoin Trust in January and closes the roughly $12.5 billion purchase of Global Infrastructure Partners on October 1.
2024Cloudflare
Revenue Reaches $1.67 Billion
Cloudflare reported 2024 revenue of $1.67 billion and free cash flow of $166.9 million.
2025BlackRock
HPS deal and record inflows
BlackRock completes the HPS Investment Partners and Preqin acquisitions, then ends the year with a record $698 billion of net inflows and $14 trillion in AUM.
2025Cloudflare
Revenue Passes $2 Billion
Cloudflare reported 2025 revenue of $2.17 billion (+29.8%) and closed its largest contract ever, averaging $42.5 million per year in ACV.
2026BlackRock
AUM passes $15 trillion
AUM reaches a record $15.3 trillion at June 30, 2026, and a GIP-backed consortium closes the $40 billion acquisition of Aligned Data Centers in July.
2026Cloudflare
VoidZero Acquisition and Growth Acceleration
Cloudflare acquired VoidZero, the company behind the Vite JavaScript tooling ecosystem, in June 2026 and reported Q2 2026 revenue growth of 36%.
Acquisitions
BlackRock
- Preqin2025$3.2B
- HPS Investment Partners2025$12B
- Global Infrastructure Partners (GIP)2024$12.5B
- Aperio Group2021$1.1B
- eFront2019$1.3B
- Barclays Global Investors (BGI) and iShares2009$13.5B
Cloudflare
- Human Native2026Undisclosed
- Astro Technology Company2026Undisclosed
- VoidZero2026Undisclosed
- Replicate2025Undisclosed
- Nefeli Networks2024Undisclosed
- Baselime2024Undisclosed
Questions about BlackRock vs Cloudflare
Who is the CEO of BlackRock, Inc. and Cloudflare, Inc.?
BlackRock, Inc. is led by Larry Fink and Cloudflare, Inc. is led by Matthew Prince. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BlackRock, Inc. founded vs Cloudflare, Inc.?
BlackRock, Inc. was founded in 1988 — 21 years before Cloudflare, Inc., which was founded in 2009. BlackRock, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Cloudflare, Inc..
How many employees does BlackRock, Inc. have compared to Cloudflare, Inc.?
BlackRock, Inc. employs approximately 24,900 people, while Cloudflare, Inc. employs approximately 5,156. BlackRock, Inc. has the larger workforce at 24,900 employees, compared to Cloudflare, Inc.'s 5,156. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are BlackRock, Inc. and Cloudflare, Inc. headquartered?
Both BlackRock, Inc. and Cloudflare, Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded BlackRock, Inc. and Cloudflare, Inc.?
BlackRock, Inc. was founded by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, Keith Anderson. Cloudflare, Inc. was founded by Matthew Prince, Michelle Zatlyn, Lee Holloway.
Which company has a longer operating history — BlackRock, Inc. or Cloudflare, Inc.?
BlackRock, Inc. has been operating for approximately 38 years, making it the more established of the two companies. Cloudflare, Inc. has been in operation for around 17 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BlackRock vs Cloudflare overview