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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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  • P [email protected]

    The enshittification has finally struck the English language

    C This user is from outside of this forum
    C This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #117

    This is not enshittification, this is evolution. "Exelerates" is superior to "accelerates".

    P 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.
      :::

      O This user is from outside of this forum
      O This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #118

      looks like me and the boys are going back to teamspeak

      roserose56@lemmy.caR C R R 4 Replies Last reply
      0
      • C [email protected]

        This is not enshittification, this is evolution. "Exelerates" is superior to "accelerates".

        P This user is from outside of this forum
        P This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #119

        I was trying to make a joke

        5 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.
          :::

          softestsapphic@lemmy.worldS This user is from outside of this forum
          softestsapphic@lemmy.worldS This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #120

          It was nice while it lasted.

          Back to Ventrillo I guess...

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

            I was trying to make a joke

            5 This user is from outside of this forum
            5 This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #121

            Coldside was just emplifying your joke

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

              I hate that everyone uses discord. Why can't we use IRC which is obviously better and uses a tiny fraction of the system resources that discord uses?

              Z This user is from outside of this forum
              Z This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #122

              Reaction emojis, threads, screen sharing, and voice chat. IRC has none of these features. Better to get on the Matrix train

              piece_maker@feddit.ukP U 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.
                :::

                Z This user is from outside of this forum
                Z This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #123

                Enshittifcation imminent

                D P 2 Replies Last reply
                0
                • Z [email protected]

                  Reaction emojis, threads, screen sharing, and voice chat. IRC has none of these features. Better to get on the Matrix train

                  piece_maker@feddit.ukP This user is from outside of this forum
                  piece_maker@feddit.ukP This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #124

                  Matrix is so bad though. Slow, sometimes just doesn't load, bridges are crap... Why would I want to switch to it?

                  Z 1 Reply Last reply
                  0
                  • Z [email protected]

                    Enshittifcation imminent

                    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
                    #125

                    Can it be any more enshitified tho?

                    I P O 3 Replies Last reply
                    0
                    • K [email protected]

                      I hate that everyone uses discord. Why can't we use IRC which is obviously better and uses a tiny fraction of the system resources that discord uses?

                      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
                      #126

                      Discord was great when it had a goal to be a connection point for gaming parties but then they got greedy.

                      1 Reply Last reply
                      0
                      • O [email protected]

                        looks like me and the boys are going back to teamspeak

                        roserose56@lemmy.caR This user is from outside of this forum
                        roserose56@lemmy.caR This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #127

                        teamspeak and skype was the beginning until discord came in my country. Way better for voice over chatting.

                        D I 2 Replies Last reply
                        0
                        • piece_maker@feddit.ukP [email protected]

                          Matrix is so bad though. Slow, sometimes just doesn't load, bridges are crap... Why would I want to switch to it?

                          Z This user is from outside of this forum
                          Z This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #128

                          Do you have an alternative to suggest or are you just here to whine?

                          P piece_maker@feddit.ukP 2 Replies Last reply
                          0
                          • Z [email protected]

                            Do you have an alternative to suggest or are you just here to whine?

                            P This user is from outside of this forum
                            P This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #129

                            "But I don't want to eat the moldy cabbage on the ground outside!"

                            "Okay, do you have an alternative, or are you just gonna whine? Eat up!"

                            N 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.
                              :::

                              jackattack@lemmy.dbzer0.comJ This user is from outside of this forum
                              jackattack@lemmy.dbzer0.comJ This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #130

                              Can anyone with knowledge on business explain why these companies keep going public other than the simple fact of money?

                              I feel like everytime a company does they go full throttle into making shareholders money and lose sight of their original company. Honestly I assumed discord was already public based on some of their monetary features that are overpriced lol.

                              cyrano@lemmy.dbzer0.comC Y M sibachian@lemmy.mlS 4 Replies Last reply
                              0
                              • 5 [email protected]

                                Coldside was just emplifying your joke

                                C This user is from outside of this forum
                                C This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #131

                                What? Its evolving!

                                Accelerate turned into exelerate!

                                1 Reply Last reply
                                0
                                • jackattack@lemmy.dbzer0.comJ [email protected]

                                  Can anyone with knowledge on business explain why these companies keep going public other than the simple fact of money?

                                  I feel like everytime a company does they go full throttle into making shareholders money and lose sight of their original company. Honestly I assumed discord was already public based on some of their monetary features that are overpriced lol.

                                  cyrano@lemmy.dbzer0.comC This user is from outside of this forum
                                  cyrano@lemmy.dbzer0.comC This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #132

                                  It’s the path for the startup industry to rewards the venture capitalist investor basically either IPO by going public or M&A by being bought (like instagram by meta).

                                  Here some more info on the different startup stages
                                  https://www.latitud.com/blog/stages-of-a-startup

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

                                    Do you have an alternative to suggest or are you just here to whine?

                                    piece_maker@feddit.ukP This user is from outside of this forum
                                    piece_maker@feddit.ukP This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #133

                                    Honestly if Discord went away I'd switch to posting notes on a cork board on the wall before I switched to Matrix in its current state.

                                    1 Reply Last reply
                                    0
                                    • Z [email protected]

                                      Enshittifcation imminent

                                      P This user is from outside of this forum
                                      P This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #134

                                      It's already pretty shitty to be fair

                                      1 Reply Last reply
                                      0
                                      • D [email protected]

                                        Can it be any more enshitified tho?

                                        I This user is from outside of this forum
                                        I This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #135

                                        Oh, it can get a lot worse

                                        1 Reply Last reply
                                        0
                                        • K [email protected]

                                          I hate that everyone uses discord. Why can't we use IRC which is obviously better and uses a tiny fraction of the system resources that discord uses?

                                          I This user is from outside of this forum
                                          I This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #136

                                          Because I don't care to set up a bot that monitors what is being said while I'm offline. Matrix is actually better, though

                                          1 Reply Last reply
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