Gaming chat platform Discord in early talks with banks about public listing
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People want instantaneous replies instead of having to wait like on forums. Steam still has forums and they're active so clearly not everyone left, Reddit isn't as good because of the lack of permanence (no bumping).
I'm this case I'm very sorry but people just went for the instantaneous reward of chatting and disregarded what they were losing.
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You should have used Axon, way better than Discord
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It might be time to finally get friends to move around if things go south.
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Looks like everyone needs to switch to [email protected]
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at a certain size companies are required to go public. and indeed, as a public company your first and only responsibility is ensuring shareholders can grow capital based on nonsense quarterly projections.
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I've been saying this for years, but the general mood still hasn't shifted against Discord. People were actually amazed back when it added... forums. But now if the company is going public the enshittification is imminent.
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There is no requirement to ever go public, in the US anyway. I work for a multi-billion dollar company that's entirely privately held. It just tends to happen because it's the best way for the equity holders to convert their ownership into cash. It can be hard to sell a whole company because that requires someone to go all in to buy it and they must accept all the risk of maintaining its value. But you can go public and get tons of investment money without having to sell.
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it's called a forced ipo and if's a thing in the US specifically.
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People overestimate the fiduciary responsibility of public companies. It's true they will often pursue aggressive short term gains to attract more investment in several forms, including higher stock prices. But as long as they are arguably trying to help the company they are considered to have fulfilled their obligation. You have to be able to prove in court they are trying to harm the shareholders to run afoul of that responsibility, which is a fair hurdle. And it isn't really that difficult to avoid a forced IPO by keeping under the 500 shareholder threshold if one really wants to avoid it.
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I mean, I get it. If I'm working on something and hit a snag, posting in a forum where the response time may be measured in days or more until someone replies with further questions, to which I then reply at my earliest convenience and wait another day for a response, then have to see when I next have time to try the advice and hope that settles it...
Well, I'd certainly prefer to get input right when I'm working on it, while I have the time and mindspace for it. In that light, maybe forums simply aren't the best solution anymore, or at least not by themselves. But integrated chats have been tried before, haven't they? What was wrong with them?
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The company must have more than 500 equity holders and have more than $10 million in assets. If the company maintains a limited number of owners, they will never be required to go public regardless of their valuation.
https://www.investopedia.com/terms/f/forced-initial-public-offering-ipo.asp
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Discord is completely fine. It doesn't break. Practically no bugs. The only annoying thing is that sometimes the shop gets a red badge but that's it
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I'm calling it. Backup all your data and move it elsewhere, you may have to pay to access or have it deleted.
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Lots of very general light chat and shit posts. It doesn't seem like there's a lot of revenue potential there.
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Disagree, it was fine when all it did was gaming parties but everything else from shitty UX, to rampant bots, to barely working functionalities. It's so bloated it cant keep up. Also it's proprietary, unencrypted and frankly just overall bad piece of software for anything but gaming.
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For a training set. Natural, and familiar conversations.
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Well, time to look for a new platform.
