this post was submitted on 01 Apr 2024
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Privacy

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I don't think people on this sub use it, but it's great news for us. The worse it gets the likelier people move on.

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[–] Kroxx@lemm.ee 7 points 8 months ago (1 children)

They already can support them:

Discord generated $445 million revenue in 2022, an 42% increase year-on-year

They are getting greedy it has nothing to do with server cost

[–] pathief@lemmy.world 2 points 8 months ago (1 children)

Revenue alone doesn't mean much, how much was profit?

[–] Kroxx@lemm.ee 2 points 8 months ago (2 children)

Tried to find net, didn't find a lot of info on it but I also didn't try very hard. If anyone finds I'm very curious what it is.

[–] Telodzrum@lemmy.world 2 points 8 months ago

They’re not public anyone who’s seen it has signed an nda.

[–] pathief@lemmy.world 1 points 8 months ago

Every info seems to point that Discord hasn't had a single year with positive profit. Here's one of the sources

Discord isn’t in dire financial straits, though it has yet to become profitable

Discord has raised a total of about $1 billion in funding. It has more than $700 million in cash on its balance sheet and the goal to become profitable this year, according to a person familiar with the matter.

Source