Two sources familiar with the matter said that Discord is exploring its options for a sale in the wake of interest from multiple parties that want to buy the company.
And one source said the company has signed an exclusive acquisition discussion with one party meaning it is in final negotiations about a sale.
“It is hard to tell the difference between a serious acquisition attempt and a fishing expedition”
Any potential buyer with more than $10 billion on hand to buy Discord is likely to be a really large game company, but more likely the suitor would be a platform owner like Microsoft, Amazon, Twitter, or Google. Some game companies are bound to be worried that Discord, which serves critical roles in connecting game studios and publishers with their communities, could be acquired by a party that would only be interested in one of those communities. Microsoft did not respond to a request for comment.
And venture capital strikes again. Acquire users at a loss for years, then sell those users to the highest bidder.
I really wish we had laws that prevented this sort of mass data sale, because there is a difference in trust when your data moves to a new owner, even if your privacy policy always held open the option to do with the data whatever you want.
Or somehow regulate platforms in general, e.g. by disallowing the use of closed protocols.
Bold of you think the regulators give a shit.
Regulators only give a shit to lobbyist opinions.