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.
Mumble is a terrific VOIP program. It’s audio quality and reliability are WAY better than discord. But it does not nearly have enough features to be a good replacement. It’s missing features like being able to stream in-app, share videos, keep and pin messages in different channels, pinging system for people and groups… The list goes on. These are features that groups and communities have come to rely on.
An analogy would be like comparing an incredibly good tent to a shitty house. While the tent is probably comfier to sleep in, eventually you’re going to want things like outlets, kitchen appliances, toilets, and showers which make the shitty house the better long-term choice.
Doesn’t have a cup holder either! Why does ever alternative need to have every feature or it can’t be called an alternative? Does your VoIP app need the ability to send videos? Can you not use something else in tandem to do the more social side? Sometimes it’s better to focus on one thing & do it well—especially under-resourced like free software often is. You could argue just as easily these other features as bloat if you don’t want or use them.
That’s the point, discord isn’t just a VoIP app. It has all that other stuff too. 90% of my discord usage is text based. But IRC is dead now, so it is what it is. I was just as pissed about it when discord initially came around as I am now, but this is what we’re stuck with until something new takes over
But you can use a chat service for chat & a VoIP service for VoIP & that can be fine. A kitchen sink isn’t always the best approach.
But if you are looking to keep tabs on something, Movim is very much focused on multi-user jingle & is something you could deploy & have decentralized users join from their own servers.
I shouldn’t have to explain the network effect to you on Lemmy of all places. You go make all the specific communities that I need switch over, and I’ll be right there with them.
So you are saying we should all use Reddit, Discord, Meta WhatsApp, & Microsoft GitHub since more folks are there? The only way to buck those trends is to be the change you want to see & slowly move what groups you can away. You don’t have to get everything to buy in at once & there are mirrors / gateways that you can use as a transition. Make a clan homepage & say the VoIP is here & the chat is there… now you aren’t beholden to one specific tool going to shit or waiting 10 years for something to have literally every feature you want. If 2 applications is a barrier, maybe that someone isn’t the right fit for your group anyhow.
K. Have fun doing nothing & sticking to your shitty networks that give you no control or freedom—as opposed to trying literally anything to change the situation.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Sub for any gaming related content!
Rules:
1: No spam or advertising. This basically means no linking to your own content on blogs, YouTube, Twitch, etc.
2: No bigotry or gatekeeping. This should be obvious, but neither of those things will be tolerated. This goes for linked content too; if the site has some heavy “anti-woke” energy, you probably shouldn’t be posting it here.
3: No untagged game spoilers. If the game was recently released or not released at all yet, use the Spoiler tag (the little ⚠️ button) in the body text, and avoid typing spoilers in the title. It should also be avoided to openly talk about major story spoilers, even in old games.
Mumble is a terrific VOIP program. It’s audio quality and reliability are WAY better than discord. But it does not nearly have enough features to be a good replacement. It’s missing features like being able to stream in-app, share videos, keep and pin messages in different channels, pinging system for people and groups… The list goes on. These are features that groups and communities have come to rely on.
An analogy would be like comparing an incredibly good tent to a shitty house. While the tent is probably comfier to sleep in, eventually you’re going to want things like outlets, kitchen appliances, toilets, and showers which make the shitty house the better long-term choice.
Doesn’t have a cup holder either! Why does ever alternative need to have every feature or it can’t be called an alternative? Does your VoIP app need the ability to send videos? Can you not use something else in tandem to do the more social side? Sometimes it’s better to focus on one thing & do it well—especially under-resourced like free software often is. You could argue just as easily these other features as bloat if you don’t want or use them.
That’s the point, discord isn’t just a VoIP app. It has all that other stuff too. 90% of my discord usage is text based. But IRC is dead now, so it is what it is. I was just as pissed about it when discord initially came around as I am now, but this is what we’re stuck with until something new takes over
But you can use a chat service for chat & a VoIP service for VoIP & that can be fine. A kitchen sink isn’t always the best approach.
But if you are looking to keep tabs on something, Movim is very much focused on multi-user jingle & is something you could deploy & have decentralized users join from their own servers.
I shouldn’t have to explain the network effect to you on Lemmy of all places. You go make all the specific communities that I need switch over, and I’ll be right there with them.
So you are saying we should all use Reddit, Discord, Meta WhatsApp, & Microsoft GitHub since more folks are there? The only way to buck those trends is to be the change you want to see & slowly move what groups you can away. You don’t have to get everything to buy in at once & there are mirrors / gateways that you can use as a transition. Make a clan homepage & say the VoIP is here & the chat is there… now you aren’t beholden to one specific tool going to shit or waiting 10 years for something to have literally every feature you want. If 2 applications is a barrier, maybe that someone isn’t the right fit for your group anyhow.
Man you are autistic as fuck
K. Have fun doing nothing & sticking to your shitty networks that give you no control or freedom—as opposed to trying literally anything to change the situation.
You’re still doing it