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  3. Gaming chat platform Discord in early talks with banks about public listing

Gaming chat platform Discord in early talks with banks about public listing

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  • R [email protected]

    Every time something goes public it turns into shit. Every single time.

    T This user is from outside of this forum
    T This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #34

    Well, ever since stock buybacks were re-legalized and other safe guards that once incentivized the health of the company, not only quarterly share holder value. Publicly traded company wasn’t always synonymous with strip mining value. Reagan was an accelerant on that decay for sure.

    I 1 Reply Last reply
    0
    • X [email protected]

      https://spacebar.chat/

      S This user is from outside of this forum
      S This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #35

      How far along is this? Last time I checked it out is was no where near ready.

      X 1 Reply Last reply
      0
      • kingthrillgore@lemmy.mlK [email protected]

        Its already unbearable with how much is gated behind Nitro. Its gonna drop off and quick once the IPO hits.

        Search history will be the first thing to go, like Slack it'll be a pay thing and that's gonna be a big hit.

        I miss IRC.

        S This user is from outside of this forum
        S This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #36

        BetterDiscord + https://github.com/riolubruh/YABDP4Nitro

        1 Reply Last reply
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        • kingthrillgore@lemmy.mlK [email protected]

          Its already unbearable with how much is gated behind Nitro. Its gonna drop off and quick once the IPO hits.

          Search history will be the first thing to go, like Slack it'll be a pay thing and that's gonna be a big hit.

          I miss IRC.

          D This user is from outside of this forum
          D This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #37

          IRC is still alive and well. I still use it to hang around when I'm using my tablet with Termux+weechat, and some projects are stubborn about not abandoning IRC.

          1 Reply Last reply
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          • T [email protected]

            Jesus fucking Christ, can I not just enjoy one thing in my life without it eventually turning adversarial?

            U This user is from outside of this forum
            U This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #38

            Dude i am so glad. Discord was always a cancer, i hope this will spell the beginning of the end of discord.

            L S 2 Replies Last reply
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            • U [email protected]

              Dude i am so glad. Discord was always a cancer, i hope this will spell the beginning of the end of discord.

              L This user is from outside of this forum
              L This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #39

              It also has plenty of utility for non-information-storing purposes. It's more of a cultural issue than an issue with the tool.

              Besides, wouldn't it take all the information there to its grave as well, making its death a net information loss? After all, information confined it is still information stored somewhere, just not as easily accessible directly from the Web.

              U narc0tic_bird@lemm.eeN K 3 Replies Last reply
              0
              • S [email protected]

                How far along is this? Last time I checked it out is was no where near ready.

                X This user is from outside of this forum
                X This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #40

                I mean, what's "ready" mean in this context? Voice and video are still being worked on. They're going for maximum compatibility so they have to reverse engineer the way Discord does things, so it's taking a while.

                kangy@lemmy.dbzer0.comK 1 Reply Last reply
                0
                • cyrano@lemmy.dbzer0.comC [email protected]

                  https://archive.is/2025.03.06-011758/https://www.ft.com/content/4ab9efe7-36bc-44ff-b2cd-06eb2c38203a

                  ::: spoiler Tap for article

                  Gaming chat platform Discord in early talks with banks about public listing

                  US group has sought to broaden its appeal to a mass audience

                  Discord co-founder and chief executive Jason Citron

                  Video game developer Jason Citron founded Discord in 2015 © Kimberly White/Getty Images/TechCrunch

                  Discord is in early talks with banks about a public listing, according to people familiar with the matter, in a sign of a possible revival in the sluggish US IPO market.

                  Founded in 2015 by video game developer Jason Citron, Discord offers multi-person voice, video and text-based spaces to its 200mn global monthly active users.

                  The San Francisco gaming chat platform was considering listing as early as 2021, according to people familiar with the matter. However, many technology companies and investors have put their IPO plans on hold due to political and market uncertainty.

                  That is expected to change this year as interest rates have fallen and US President Donald Trump has laid out a more tech-friendly regulatory agenda.

                  Discord was last valued at about $15bn in a 2021 fundraising, according to PitchBook. The company’s revived IPO plans remain subject to change, one of the people said.

                  “We understand there is a lot of interest around Discord’s future plans, but we do not comment on rumours or speculation,” the company said in a statement shared with the Financial Times. “Our focus remains on delivering the best possible experience for our users and building a strong, sustainable business.”

                  CoreWeave, an artificial intelligence cloud computing provider, filed for a New York IPO this month that would raise about $4bn and value the group at more than $35bn, which could make it the largest tech flotation of the year.

                  A series of valuable start-ups, including fintech groups Stripe and Chime and data platform Databricks that had been forced to stay private far longer than planned are expected to reignite plans to list their shares.

                  Discord initially found popularity among gamers, as well as retail trading and cryptocurrency communities, but has since sought to broaden its appeal to a mass audience.

                  The company has largely shunned advertising, in contrast to larger rivals such as Meta, X and Reddit, in favour of offering its users premium features for a fee.

                  In 2021, it attracted interest from multiple Big Tech groups, rebuffing a $12bn takeover bid from Microsoft. The recent IPO plans were first reported by The New York Times.
                  :::

                  R This user is from outside of this forum
                  R This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #41

                  And there goes another good company...

                  K D 2 Replies Last reply
                  0
                  • S [email protected]

                    Don't worry, once it goes public it will get worse and easier to replace

                    L This user is from outside of this forum
                    L This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #42

                    It will still have the social platform inertia that keeps many people on Twitter despite wanting to leave. If enough of the other people you want to talk to are there, what good is leaving?

                    In the case of communities, it's even worse: you can possibly operate multiple platforms as an individual, but a community splitting its conversations across two platforms is now two communities. The best you can hope for is that most of the active members on the old (also) join the new and eventually bring their activity with them, but that relies on a lot of individual decisions.

                    S 1 Reply Last reply
                    0
                    • L [email protected]

                      It also has plenty of utility for non-information-storing purposes. It's more of a cultural issue than an issue with the tool.

                      Besides, wouldn't it take all the information there to its grave as well, making its death a net information loss? After all, information confined it is still information stored somewhere, just not as easily accessible directly from the Web.

                      U This user is from outside of this forum
                      U This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #43

                      Information that cant be indexed by a search engine is completely worthless to anyone looking for answers. It might aswell not be there.

                      B L 2 Replies Last reply
                      0
                      • cyrano@lemmy.dbzer0.comC [email protected]

                        https://archive.is/2025.03.06-011758/https://www.ft.com/content/4ab9efe7-36bc-44ff-b2cd-06eb2c38203a

                        ::: spoiler Tap for article

                        Gaming chat platform Discord in early talks with banks about public listing

                        US group has sought to broaden its appeal to a mass audience

                        Discord co-founder and chief executive Jason Citron

                        Video game developer Jason Citron founded Discord in 2015 © Kimberly White/Getty Images/TechCrunch

                        Discord is in early talks with banks about a public listing, according to people familiar with the matter, in a sign of a possible revival in the sluggish US IPO market.

                        Founded in 2015 by video game developer Jason Citron, Discord offers multi-person voice, video and text-based spaces to its 200mn global monthly active users.

                        The San Francisco gaming chat platform was considering listing as early as 2021, according to people familiar with the matter. However, many technology companies and investors have put their IPO plans on hold due to political and market uncertainty.

                        That is expected to change this year as interest rates have fallen and US President Donald Trump has laid out a more tech-friendly regulatory agenda.

                        Discord was last valued at about $15bn in a 2021 fundraising, according to PitchBook. The company’s revived IPO plans remain subject to change, one of the people said.

                        “We understand there is a lot of interest around Discord’s future plans, but we do not comment on rumours or speculation,” the company said in a statement shared with the Financial Times. “Our focus remains on delivering the best possible experience for our users and building a strong, sustainable business.”

                        CoreWeave, an artificial intelligence cloud computing provider, filed for a New York IPO this month that would raise about $4bn and value the group at more than $35bn, which could make it the largest tech flotation of the year.

                        A series of valuable start-ups, including fintech groups Stripe and Chime and data platform Databricks that had been forced to stay private far longer than planned are expected to reignite plans to list their shares.

                        Discord initially found popularity among gamers, as well as retail trading and cryptocurrency communities, but has since sought to broaden its appeal to a mass audience.

                        The company has largely shunned advertising, in contrast to larger rivals such as Meta, X and Reddit, in favour of offering its users premium features for a fee.

                        In 2021, it attracted interest from multiple Big Tech groups, rebuffing a $12bn takeover bid from Microsoft. The recent IPO plans were first reported by The New York Times.
                        :::

                        A This user is from outside of this forum
                        A This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #44

                        I would be tempted to say that it will now turn to shit, but in Discord's case it was pretty shit already.

                        N 1 Reply Last reply
                        0
                        • R [email protected]

                          And there goes another good company...

                          K This user is from outside of this forum
                          K This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #45

                          Discord has never been a good company, they can (and probably do) read all chat and data being uploaded there.

                          x00z@lemmy.worldX 1 Reply Last reply
                          0
                          • U [email protected]

                            Information that cant be indexed by a search engine is completely worthless to anyone looking for answers. It might aswell not be there.

                            B This user is from outside of this forum
                            B This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #46

                            Maybe the search engines should start crawling and indexing discord

                            U 1 Reply Last reply
                            0
                            • K [email protected]

                              Discord has never been a good company, they can (and probably do) read all chat and data being uploaded there.

                              x00z@lemmy.worldX This user is from outside of this forum
                              x00z@lemmy.worldX This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #47

                              Jason Citron, the Discord founder and CEO, had a company called OpenFeint that got into a lot of trouble regarding selling illegally obtained private user data.

                              In 2011, OpenFeint was party to a class action suit with allegations including computer fraud, invasion of privacy, breach of contract, bad faith and seven other statutory violations. According to a news report "OpenFeint's business plan included accessing and disclosing personal information without authorization to mobile-device application developers, advertising networks and web-analytic vendors that market mobile applications".

                              https://www.courthousenews.com/gamers-say-openfeint-sold-them-out/

                              1 Reply Last reply
                              0
                              • thogot@lemm.eeT [email protected]

                                I guess it's time for TeamSpeak to make a comeback

                                R This user is from outside of this forum
                                R This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #48

                                "User has joined your channel"

                                1 Reply Last reply
                                0
                                • X [email protected]

                                  I mean, what's "ready" mean in this context? Voice and video are still being worked on. They're going for maximum compatibility so they have to reverse engineer the way Discord does things, so it's taking a while.

                                  kangy@lemmy.dbzer0.comK This user is from outside of this forum
                                  kangy@lemmy.dbzer0.comK This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #49

                                  Given we're talking about a Discord replacement and you say voice and video are still being worked on I'd say it's not ready to replace Discord smh

                                  X 1 Reply Last reply
                                  0
                                  • asudox@lemmy.asudox.devA [email protected]

                                    https://revolt.chat/

                                    FOSS alternative that looks and feels the same.

                                    nomugisan@lemmy.dbzer0.comN This user is from outside of this forum
                                    nomugisan@lemmy.dbzer0.comN This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #50

                                    Matrix and XMPP are decentralized, much better than Revolt for that purpose.

                                    asudox@lemmy.asudox.devA D xnx@slrpnk.netX xigoi@lemmy.sdf.orgX 4 Replies Last reply
                                    0
                                    • L [email protected]

                                      It also has plenty of utility for non-information-storing purposes. It's more of a cultural issue than an issue with the tool.

                                      Besides, wouldn't it take all the information there to its grave as well, making its death a net information loss? After all, information confined it is still information stored somewhere, just not as easily accessible directly from the Web.

                                      narc0tic_bird@lemm.eeN This user is from outside of this forum
                                      narc0tic_bird@lemm.eeN This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #51

                                      It would probably take a lot of information to its grave, but the more known "servers" would probably get crawled by archive teams.

                                      Also - assuming Discord wouldn't be replaced by something equally closed off from easy public access - all new information would be easier to access.

                                      When Discord started, they marketed it primarily as a voice chat software for gaming. I remember them marketing it as "superior audio quality to TeamSpeak" or similar wording (which by the way wasn't the case). It obviously has chat, video chat and screen sharing conveniently built in which TeamSpeak is only starting to add now in 2025 with the TS6 beta (they seem kind of lost atm).

                                      I always preferred the decentralized nature of TeamSpeak and Mumble though and at least from my own experience, TS tends to work better with fewer connection issues and better autogain and voice leveling.

                                      I don't like the fact that most people happily gave up decentralized voice chat for a centralized alternative and we still use TeamSpeak in most of my circles to this day.

                                      L 1 Reply Last reply
                                      0
                                      • T [email protected]

                                        Jesus fucking Christ, can I not just enjoy one thing in my life without it eventually turning adversarial?

                                        spaniard@lemmy.worldS This user is from outside of this forum
                                        spaniard@lemmy.worldS This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #52

                                        I don't know why people trusted Discord, it's one of the worst platforms and I say this while I use it because I had to settle for that (friends) like I had to settle for WhatsApp (family and work)

                                        Irc was better for chat, ventilo is better for audio, and matrix is pretty much the same but better. Discord sucks like Twitter did and I can't wait for it to go away.

                                        Thank God I convinced my fiancee to move our VCs to Wire, away from WhatsApp and Discord.

                                        A arschflugkoerper@feddit.orgA T 3 Replies Last reply
                                        0
                                        • B [email protected]

                                          Maybe the search engines should start crawling and indexing discord

                                          U This user is from outside of this forum
                                          U This user is from outside of this forum
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                                          wrote on last edited by
                                          #53

                                          Discord blocks all attempts at crawling their "public" servers

                                          1 Reply Last reply
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