this post was submitted on 23 Apr 2025
441 points (98.0% liked)
Technology
69298 readers
4194 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What is success here? The few founders and VC get filthy rich as the larger population dumps their money into Discord stock while the users and teams with limited foresight, who’ve moved their communities to discord, suffer?
I mean yeah I guess that’s the success Cory Doctorow warns us about again and again.
But that’s not my definition of success.
For context I’ve been on the receiving end of an IPO and the founders and investors made out like bandits while a fair number of employees were stuck holding the bags thanks to lock-ins, dilution and over priced shares.
Welcome to enshittification.