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   kait (tomo@fedi.azumanga.gay)'s status on Tuesday, 07-Nov-2023 04:21:08 JST kait
   is discords vc funding drying up or something
   feel like theres been even more outages than usual lately
   • MondoBizarrro likes this.
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Tuesday, 07-Nov-2023 04:21:07 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

     in reply to
     @tomo yea probably, money printer can't go on forever
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Tuesday, 07-Nov-2023 04:23:03 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

     in reply to
     @tomo hey as long as they keep making women they can't be all bad
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     kait (tomo@fedi.azumanga.gay)'s status on Tuesday, 07-Nov-2023 04:23:04 JST kait

     in reply to

     • :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:
     @allison gotta love tech industry funding
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     Yasowo :agender_flag:🏳️‍⚧️ (yassie_j@0w0.is)'s status on Tuesday, 07-Nov-2023 04:26:20 JST Yasowo :agender_flag:🏳️‍⚧️

     in reply to

     • :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

     @tomo @allison AFAIK Discord was meant to do an IPO this summer. The fact that they have not shows that Discord is losing value – ie the present investors do not believe Discord is worth launching an IPO (because the whole point of an IPO is to a) inject cash into the business and b) garner value for existing shareholders through increasing share prices).

     My opinion is that Discord is under stress from impatient investors, which means that they’re haemorrhaging cash, therefore, investors are unlikely to top them up.

     Of course, we can only guess, but the fact that they have ‘missed’ their IPO without even saying anything about it is probably a big warning sign.

     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: likes this.
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Tuesday, 07-Nov-2023 04:27:45 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

     in reply to

     • Yasowo :agender_flag:🏳️‍⚧️
     @yassie_j @tomo I will be very surprised if Discord still exists in any recognizable way two years from now