Michael Smith Jr.

April 23, 2021

Discord

Was surprised but not shocked to see Discord shun the MSFT deal.

I wonder if it is just the case that the public markets are so hot right now that Discord sees going public as a better outcome even though the MSFT offer was quite generous.

Also selling, no matter what the construct, means you lose control at some point.

Also notice this tweet:

https://twitter.com/gregisenberg/status/1384591933851508736

Screenshot 2021-04-23 at 11.55.55 AM.png

I get the context but maybe it is saying the same thing - Discord knows that in this era - games, chat, community and whatever else they can extend this into is gonna get much bigger.

Maybe the MSFT offer is just too small.

Happy Friday!