this post was submitted on 31 Mar 2024
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They supposedly can be disabled in settings- but we all know that won't last. They're going full Microsoft Skype mode and it's only a matter of time.

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[–] Ultragigagigantic@lemmy.world 22 points 7 months ago (1 children)

I don't think paying will stop enshitification.

Line.

Go.

Up.

[–] Jakeroxs@sh.itjust.works 4 points 7 months ago (1 children)

It's not a publicly traded company smh

[–] refurbishedrefurbisher@lemmy.sdf.org 1 points 7 months ago (1 children)

They're probably trying to IPO like Reddit.

[–] Jakeroxs@sh.itjust.works 1 points 7 months ago* (last edited 7 months ago) (1 children)

Maybe they are, but they fought off a Microsoft buyout only a few years ago, seems if they wanted to sell out, they would have done it then. Meanwhile, we don't have financial figures (since it is a private company) but reportedly they are profitable Regardless, it's just speculation and the "line must go up" meme generally refers to increasing share price to enrich investors and c suite, which... Doesn't make as much sense for a private company who's shares do not trade on an exchange.

[–] refurbishedrefurbisher@lemmy.sdf.org 1 points 7 months ago (1 children)

Was the Microsoft offer before or after interest rates rose? That has been the catalyst for a lot of the enshitification online recently.

[–] Jakeroxs@sh.itjust.works 1 points 7 months ago (1 children)

2021, which was before the rate hikes which started in 2022, my conjecture would be Discord wouldn't be hit as hard as some other online sites that are enshittifying, simply due to one fact... They're not ad-based, they make money from direct subscriptions from users, there is something to be said for the other issues with cost of living rising so people have less spending money in general, it is possible they've taken a hit, but it's impossible to say as they don't have to publicly disclose that sort of info.

[–] refurbishedrefurbisher@lemmy.sdf.org 1 points 7 months ago* (last edited 7 months ago)

Does Discord make a profit? A lot of big tech has historically operated at a loss, even with subscriptions. Not sure if that data is available since they're private.