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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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  • T [email protected]

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

    M This user is from outside of this forum
    M This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #22

    "No. Fuck you. Pay me. Now pay me more. Now enjoy ads. Pay me again. We're now introducing fees associated with the privilege of paying me. So pay that while paying me."

    -- approximately everything

    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.
      :::

      M This user is from outside of this forum
      M This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #23

      Everyone tries to cash-in before the AI balloon pops-up.

      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?

        ? Offline
        ? Offline
        Guest
        wrote on last edited by
        #24

        I have bad news for you, it was adversarial from the beginning:
        https://www.youtube.com/watch?v=uvNkdAggUGU

        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.
          :::

          ? Offline
          ? Offline
          Guest
          wrote on last edited by
          #25

          Discord was never "good".
          https://www.youtube.com/watch?v=uvNkdAggUGU

          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.
            :::

            freebooter69@lemmy.caF This user is from outside of this forum
            freebooter69@lemmy.caF This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #26

            Time to try Matrix again.

            1 Reply Last reply
            0
            • chozo@fedia.ioC [email protected]

              I've been wanting a replacement for ages now. The problem is that Discord does everything it does very well (with a few exceptions), way better than any of its competitors. It's incredibly hard to replace, because no other product really matches it in any category. Cost, ease of use, feature set, cross-app API support... Nobody else comes close; even if you paid a ton of money for premium services to replace Discord, you're still likely going to downgrade your overall experience.

              I really want to see more competition in this space.

              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
              #27

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

              L 1 Reply Last reply
              0
              • kronusdark@lemmy.worldK [email protected]

                Does matrix have decent voice chat?

                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
                #28

                it has voice and video... though to be honest I've never used it.

                1 Reply Last reply
                0
                • E [email protected]

                  Oh no, its over. Discord going to become unbearable in a few years tops.

                  kingthrillgore@lemmy.mlK This user is from outside of this forum
                  kingthrillgore@lemmy.mlK This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #29

                  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 D E 3 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.
                    :::

                    asudox@lemmy.asudox.devA This user is from outside of this forum
                    asudox@lemmy.asudox.devA This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #30

                    https://revolt.chat/

                    FOSS alternative that looks and feels the same.

                    nomugisan@lemmy.dbzer0.comN R D S genfood@feddit.orgG 5 Replies Last reply
                    0
                    • dumbass@leminal.spaceD [email protected]

                      🎶It's beginning to look a lot like enshitification,
                      Everywhere you go,
                      Just look at Reddit and x, they're all a mess,
                      With racist Nazi bigots and all the transphobes.

                      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
                      #31

                      reddit is just reposting X , and truth social posts for the political posts.

                      1 Reply Last reply
                      0
                      • K [email protected]

                        This is bad news for discord users. Making it a public company means that all their data will be up for sale when the company goes under

                        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
                        #32

                        and also the enforced heavy moderation, will silence crtiics in favor of the most "ad-revenue, traffic groups too" thats whats happening with reddit.

                        1 Reply Last reply
                        0
                        • M [email protected]

                          Everyone tries to cash-in before the AI balloon pops-up.

                          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
                          #33

                          MS(microsoft) admitted already AI isnt super profittable. thats because the customers being only other large corporations, and not the individual users(who does not care for AI in any form)

                          1 Reply Last reply
                          0
                          • 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
                                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.

                                  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
                                  0
                                  • 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
                                    0
                                    • 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
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