Oh shit discord's deal with microsoft fell through because Discord rejected the 12 billion dollar offer. That is... breathtaking. Imagine saying no to an overvaluation that large.
i don't care what my life's work is worth. if someone offers me $12 billion i'm saying yes
Oh shit discord's deal with microsoft fell through because Discord rejected the 12 billion dollar offer. That is... breathtaking. Imagine saying no to an overvaluation that large.
I kinda hope the rejection notice is just a single line:
"No, we saw what you did to Skype."
12 billion means who gives a shit?
I mean yes but they may also value their product and not want to see the thing they've built over half a decade get destroyed.
Oh shit discord's deal with microsoft fell through because Discord rejected the 12 billion dollar offer. That is... breathtaking. Imagine saying no to an overvaluation that large.
I kinda hope the rejection notice is just a single line:
"No, we saw what you did to Skype."
12 billion means who gives a shit?
I mean yes but they may also value their product and not want to see the thing they've built over half a decade get destroyed.
All that money more than makes up for it
If they feel guilty, they can always donate a small portion to some charity
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SummaryJudgmentGrab the hottest iron you can find, stride in the Tower’s front doorRegistered Userregular
Oh shit discord's deal with microsoft fell through because Discord rejected the 12 billion dollar offer. That is... breathtaking. Imagine saying no to an overvaluation that large.
Wow, I just got the spins hearing that
What the hell
Like
This is your exit
Its time to go, you've won, it'll never be higher, take your money and throw it in an index fund, pay a manager a flat AUM and live happily ever after
Some days Blue wonders why anyone ever bothered making numbers so small; other days she supposes even infinity needs to start somewhere.
+1
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SummaryJudgmentGrab the hottest iron you can find, stride in the Tower’s front doorRegistered Userregular
Oh shit discord's deal with microsoft fell through because Discord rejected the 12 billion dollar offer. That is... breathtaking. Imagine saying no to an overvaluation that large.
I kinda hope the rejection notice is just a single line:
"No, we saw what you did to Skype."
12 billion means who gives a shit?
I mean yes but they may also value their product and not want to see the thing they've built over half a decade get destroyed.
If I sell you something it's yours to break or do what you please after
If Microsoft Skypes it make Discord 2: Electric Boogaloo with your 12 billion dollars
Some days Blue wonders why anyone ever bothered making numbers so small; other days she supposes even infinity needs to start somewhere.
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
Yeah if we're going to accept that we currently live in a capitalistic society then we get to be dumbfounded by someone turning down 12 billion.
I'm guessing not everyone at the company agreed with this decision.
are YOU on the beer list?
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ChanusHarbinger of the Spicy Rooster ApocalypseThe Flames of a Thousand Collapsed StarsRegistered Userregular
I hope you’re all drunk on whatever gets you high.
i did have some pretty good BBQ and i dunno if it's pandemic related or a 4/20 hookup because i haven't ordered from there in quite a while but they are apparently no longer skimping on the portion sizes
it's maybe the first time i've ever paid $18 for two meats and two sides and felt like i got my money's worth
heck, you can probably get a lot of money for your next idea from rich people with too much money just by being a guy who was a head for a company that got sold for 12 billion
Donkey KongPutting Nintendo out of business with AI nipsRegistered Userregular
Honestly, discord makes a ton of money already, enough that the people running it want for nothing, so it is possible that they just decided that they wanted to see this through all the way. There's almost no chance they make more than 12 billion dollars on their own, and they know that, so I don't think it's greed or a misplaced bet.
Maybe they actually care and decided not to sell at any price?
I don't know none of this is sounding reasonable now that I write it out.
Thousands of hot, local singles are waiting to play at bubbulon.com.
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SixCaches Tweets in the mainframe cyberhexRegistered Userregular
Honestly, discord makes a ton of money already, enough that the people running it want for nothing, so it is possible that they just decided that they wanted to see this through all the way. There's almost no chance they make more than 12 billion dollars on their own, and they know that, so I don't think it's greed or a misplaced bet.
Maybe they actually care and decided not to sell at any price?
I don't know none of this is sounding reasonable now that I write it out.
Sounds like they’re planning on going public. If so, they may absolutely believe they’ll get a valuation north of 12B.
can you feel the struggle within?
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
I'll take one million for my land and farm right now. Like no questions asked I will sign the deed tomorrow.
Honestly, discord makes a ton of money already, enough that the people running it want for nothing, so it is possible that they just decided that they wanted to see this through all the way. There's almost no chance they make more than 12 billion dollars on their own, and they know that, so I don't think it's greed or a misplaced bet.
Maybe they actually care and decided not to sell at any price?
I don't know none of this is sounding reasonable now that I write it out.
Sounds like they’re planning on going public. If so, they may absolutely believe they’ll get a valuation north of 12B.
So they are hoping investors are as high on drugs as MS is?
Sounds plausible
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ChanusHarbinger of the Spicy Rooster ApocalypseThe Flames of a Thousand Collapsed StarsRegistered Userregular
Honestly, discord makes a ton of money already, enough that the people running it want for nothing, so it is possible that they just decided that they wanted to see this through all the way. There's almost no chance they make more than 12 billion dollars on their own, and they know that, so I don't think it's greed or a misplaced bet.
Maybe they actually care and decided not to sell at any price?
I don't know none of this is sounding reasonable now that I write it out.
i suppose some sense of personal dignity and not letting down the people who've trusted them could be the case
certainly a sale to microsoft would have destroyed discord in short order because microsoft is where messaging apps go to die
$12 billion though
i'd have to already have more money than i need to pass that up
Allegedly a voice of reason.
+5
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ChanusHarbinger of the Spicy Rooster ApocalypseThe Flames of a Thousand Collapsed StarsRegistered Userregular
going public as a tech thing right now and cashing the fuck out before it all crashes down is definitely a valid play
Allegedly a voice of reason.
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
I find the idea that people tend to make choices that maximize their quality of life to be unconvincing? It seems to be the opposite of reality. My impression is that most people do not eat healthy, exercise regularly, maintain good posture, moderate their indulgences and vices effectively, avoid procrastination, sleep a full 8 hours every night as best they can, save their money, etc.; instead, they strongly tend to make choices that produce short-term benefits or pleasure at the cost of long-term unhappiness or even harm, even when they say they would rather do those good, wise things, even when they know they would be happier tomorrow having done them.
What other measure are you proposing? Who are you to decide that the long-term costs out-weight the short-term benefits for the people in question?
Saying "this way of drawing a conclusion sucks" carries no burden to present a defense for the opposite conclusion, unless you're inside a trolley problem.
I don't get where you are going with this or how it connects to what I'm saying.
My point is that EM's entire argument is making an inherent assumption about what quality of life is based on their own, largely unstated but still obviously there, criteria. But why should we view that criteria as superior to the one people chose for themselves?
I'm saying there's a third option of EM or you or me saying "Well I'm by no means sure what quality of life is or what's good for people or what makes them happy but I'm certainly not willing to say that checking what they did is a good way to find out what made them happy."
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
If I got offered 12B for something, I'd pay the taxes on it first, and post the receipt from the IRS online.
Then I'd take the remaining 6B and give 5B to charities set up through a trust and a board of directors until money doesn't matter anymore.
I'd take the remaining billion and do the following
- pay off all debt for my friends and family
- co-finance a Hollywood blockbuster
- offer to give a no interest loan for 200M to the city of Nashville for urban repairs, more homeless shelters, better public transportation, and anything else that will help a community
- buy a ranch (at least 1000 acres) and convert it into a working rehab ranch for troubled youth
- bury a million dollars in non consecutive singles in a shipping container along with a bunch of really weird shit so that one day when it's discovered I'll look like an absolute psycho
- buy a second ranch (at least 1000 acres) in the pacific northwest area for Amy to run her home for wayward LGBTQs
- set enough aside with a private investment firm so that both ranches are covered with the profits from the blockbuster and anything additional
- die of boredom
are YOU on the beer list?
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ChanusHarbinger of the Spicy Rooster ApocalypseThe Flames of a Thousand Collapsed StarsRegistered Userregular
I find the idea that people tend to make choices that maximize their quality of life to be unconvincing? It seems to be the opposite of reality. My impression is that most people do not eat healthy, exercise regularly, maintain good posture, moderate their indulgences and vices effectively, avoid procrastination, sleep a full 8 hours every night as best they can, save their money, etc.; instead, they strongly tend to make choices that produce short-term benefits or pleasure at the cost of long-term unhappiness or even harm, even when they say they would rather do those good, wise things, even when they know they would be happier tomorrow having done them.
What other measure are you proposing? Who are you to decide that the long-term costs out-weight the short-term benefits for the people in question?
Saying "this way of drawing a conclusion sucks" carries no burden to present a defense for the opposite conclusion, unless you're inside a trolley problem.
I don't get where you are going with this or how it connects to what I'm saying.
My point is that EM's entire argument is making an inherent assumption about what quality of life is based on their own, largely unstated but still obviously there, criteria. But why should we view that criteria as superior to the one people chose for themselves?
I'm saying there's a third option of EM or you or me saying "Well I'm by no means sure what quality of life is or what's good for people or what makes them happy but I'm certainly not willing to say that checking what they did is a good way to find out what made them happy."
i suppose it's worth pointing out no set of behaviors will universally result in an improved quality of life for everyone, certainly not so limited as eating healthily or exercising more
plenty of people do those things and are miserable, or don't do those things and are not miserable
Allegedly a voice of reason.
+1
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AtomikaLive fast and get fucked or whateverRegistered Userregular
Friends, we did it
+5
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
BethrynUnhappiness is MandatoryRegistered Userregular
It's worth noting that Discord has basically captured the entire gaming market, and other markets beyond that.
...and of course, as always, Kill Hitler.
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
I might take an extra 50 million from somewhere in that budget to buy a big chunk of land right dead center of the US and have a huge bonaroo style festival there every year, but all I'm going to do is buy the land, give it to whoever the charity board elects to run the festival, and never go to the festival.
are YOU on the beer list?
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
It's worth noting that Discord has basically captured the entire gaming market, and other markets beyond that.
Yeah but it's just a good UI, it doesn't bring anything to the table that another company can't also bring about in the next two years. In a decade it'll be just another sign taken off a building in silicon valley.
So I think this is a very interesting conversation but I have to stop and finish some work because I procrastinated all day and didn't get enough done, which btw made me feel bad and it would have been better if someone had imposed draconian measures to control my behaviour for my own good
Also I'm getting sick, I'm almost positive; the canker sore, the wooziness, the sore spot in my throat...
So I must adjourn to the small room where I pretend to work
It's worth noting that Discord has basically captured the entire gaming market, and other markets beyond that.
Yeah but it's just a good UI, it doesn't bring anything to the table that another company can't also bring about in the next two years. In a decade it'll be just another sign taken off a building in silicon valley.
Right?
It could be a MySpace, it could be Zynga, it could be an Uber. It's hard to tell, really.
+1
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
If I got offered 12B for something, I'd pay the taxes on it first, and post the receipt from the IRS online.
Then I'd take the remaining 6B and give 5B to charities set up through a trust and a board of directors until money doesn't matter anymore.
I'd take the remaining billion and do the following
- pay off all debt for my friends and family
- co-finance a Hollywood blockbuster
- offer to give a no interest loan for 200M to the city of Nashville for urban repairs, more homeless shelters, better public transportation, and anything else that will help a community
- buy a ranch (at least 1000 acres) and convert it into a working rehab ranch for troubled youth
- bury a million dollars in non consecutive singles in a shipping container along with a bunch of really weird shit so that one day when it's discovered I'll look like an absolute psycho
- buy a second ranch (at least 1000 acres) in the pacific northwest area for Amy to run her home for wayward LGBTQs
- set enough aside with a private investment firm so that both ranches are covered with the profits from the blockbuster and anything additional
- die of boredom
Wait why would the taxes on anything ever be half
Isn't the top marginal rate way below that
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
So I think this is a very interesting conversation but I have to stop and finish some work because I procrastinated all day and didn't get enough done, which btw made me feel bad and it would have been better if someone had imposed draconian measures to control my behaviour for my own good
Also I'm getting sick, I'm almost positive; the canker sore, the wooziness, the sore spot in my throat...
So I must adjourn to the small room where I pretend to work
Do what I did today. Have a drink/smoke around two then go out and do two hard hours of work (on whatever your project is) then take a shower, have another drink/smoke, and come post.
are YOU on the beer list?
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
If I got offered 12B for something, I'd pay the taxes on it first, and post the receipt from the IRS online.
Then I'd take the remaining 6B and give 5B to charities set up through a trust and a board of directors until money doesn't matter anymore.
I'd take the remaining billion and do the following
- pay off all debt for my friends and family
- co-finance a Hollywood blockbuster
- offer to give a no interest loan for 200M to the city of Nashville for urban repairs, more homeless shelters, better public transportation, and anything else that will help a community
- buy a ranch (at least 1000 acres) and convert it into a working rehab ranch for troubled youth
- bury a million dollars in non consecutive singles in a shipping container along with a bunch of really weird shit so that one day when it's discovered I'll look like an absolute psycho
- buy a second ranch (at least 1000 acres) in the pacific northwest area for Amy to run her home for wayward LGBTQs
- set enough aside with a private investment firm so that both ranches are covered with the profits from the blockbuster and anything additional
- die of boredom
Wait why would the taxes on anything ever be half
Isn't the top marginal rate way below that
I'm going by most self employed people making between six and eight figures having a tax rate roughly 35-45% and then assumed erring toward the side of lotto winnings where I just give half of it up.
I will say that Discord is by far the longest my online gaming group has stuck with a voice comm program, and we usually switch like changing hats. Teamspeak, Mumble, all of those programs were things we used to use, but Discord has remained the easiest to stay with.
+2
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
If I got offered 12B for something, I'd pay the taxes on it first, and post the receipt from the IRS online.
Then I'd take the remaining 6B and give 5B to charities set up through a trust and a board of directors until money doesn't matter anymore.
I'd take the remaining billion and do the following
- pay off all debt for my friends and family
- co-finance a Hollywood blockbuster
- offer to give a no interest loan for 200M to the city of Nashville for urban repairs, more homeless shelters, better public transportation, and anything else that will help a community
- buy a ranch (at least 1000 acres) and convert it into a working rehab ranch for troubled youth
- bury a million dollars in non consecutive singles in a shipping container along with a bunch of really weird shit so that one day when it's discovered I'll look like an absolute psycho
- buy a second ranch (at least 1000 acres) in the pacific northwest area for Amy to run her home for wayward LGBTQs
- set enough aside with a private investment firm so that both ranches are covered with the profits from the blockbuster and anything additional
- die of boredom
Wait why would the taxes on anything ever be half
Isn't the top marginal rate way below that
I'm going by most self employed people making between six and eight figures having a tax rate roughly 35-45% and then assumed erring toward the side of lotto winnings where I just give half of it up.
How do those self employed people have a tax rate above 37% which is what i just googled
That makes sense that there are extra taxes on state run gambling but not casino gambling
I might have predicted that
+1
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
I will say that Discord is by far the longest my online gaming group has stuck with a voice comm program, and we usually switch like changing hats. Teamspeak, Mumble, all of those programs were things we used to use, but Discord has remained the easiest to stay with.
That's fair, when it works it works flawlessly and it does well handling higher and lower connections re: video cause I'm on cell phone internet and when we play D&D there's very few interruptions to the game. Whatever they have on the backend works well, but if it's just AWS, then someone else will eventually take that throne
Posts
i don't care what my life's work is worth. if someone offers me $12 billion i'm saying yes
This is awful. I want it
There is more than one of these
So did they have some fan with a screen they decided they could make into a portable or something
I mean yes but they may also value their product and not want to see the thing they've built over half a decade get destroyed.
All that money more than makes up for it
If they feel guilty, they can always donate a small portion to some charity
Like
This is your exit
Its time to go, you've won, it'll never be higher, take your money and throw it in an index fund, pay a manager a flat AUM and live happily ever after
If I sell you something it's yours to break or do what you please after
If Microsoft Skypes it make Discord 2: Electric Boogaloo with your 12 billion dollars
I'm guessing not everyone at the company agreed with this decision.
i did have some pretty good BBQ and i dunno if it's pandemic related or a 4/20 hookup because i haven't ordered from there in quite a while but they are apparently no longer skimping on the portion sizes
it's maybe the first time i've ever paid $18 for two meats and two sides and felt like i got my money's worth
it's a 4/20 miracle
Yes, money doesn't solve being a sad sack
Maybe they actually care and decided not to sell at any price?
I don't know none of this is sounding reasonable now that I write it out.
Sounds like they’re planning on going public. If so, they may absolutely believe they’ll get a valuation north of 12B.
So they are hoping investors are as high on drugs as MS is?
Sounds plausible
i suppose some sense of personal dignity and not letting down the people who've trusted them could be the case
certainly a sale to microsoft would have destroyed discord in short order because microsoft is where messaging apps go to die
$12 billion though
i'd have to already have more money than i need to pass that up
I mean it didn't work for Enron but Discord actually works so your point stands.
i think the situations there may be slightly different lel
similar here in brooklyn
you could feel the tension building and now it seems like people don't know what to do that the right thing happened
I know but how often do I get to make an Enron joke?
you only missed your shot by 20 years
in the grand scheme of things that's nothing
I'm saying there's a third option of EM or you or me saying "Well I'm by no means sure what quality of life is or what's good for people or what makes them happy but I'm certainly not willing to say that checking what they did is a good way to find out what made them happy."
Then I'd take the remaining 6B and give 5B to charities set up through a trust and a board of directors until money doesn't matter anymore.
I'd take the remaining billion and do the following
- pay off all debt for my friends and family
- co-finance a Hollywood blockbuster
- offer to give a no interest loan for 200M to the city of Nashville for urban repairs, more homeless shelters, better public transportation, and anything else that will help a community
- buy a ranch (at least 1000 acres) and convert it into a working rehab ranch for troubled youth
- bury a million dollars in non consecutive singles in a shipping container along with a bunch of really weird shit so that one day when it's discovered I'll look like an absolute psycho
- buy a second ranch (at least 1000 acres) in the pacific northwest area for Amy to run her home for wayward LGBTQs
- set enough aside with a private investment firm so that both ranches are covered with the profits from the blockbuster and anything additional
- die of boredom
i suppose it's worth pointing out no set of behaviors will universally result in an improved quality of life for everyone, certainly not so limited as eating healthily or exercising more
plenty of people do those things and are miserable, or don't do those things and are not miserable
I'm like 30% right now. Getting there.
Yeah but it's just a good UI, it doesn't bring anything to the table that another company can't also bring about in the next two years. In a decade it'll be just another sign taken off a building in silicon valley.
Right?
Also I'm getting sick, I'm almost positive; the canker sore, the wooziness, the sore spot in my throat...
So I must adjourn to the small room where I pretend to work
Wait why would the taxes on anything ever be half
Isn't the top marginal rate way below that
Do what I did today. Have a drink/smoke around two then go out and do two hard hours of work (on whatever your project is) then take a shower, have another drink/smoke, and come post.
I'm going by most self employed people making between six and eight figures having a tax rate roughly 35-45% and then assumed erring toward the side of lotto winnings where I just give half of it up.
How do those self employed people have a tax rate above 37% which is what i just googled
That makes sense that there are extra taxes on state run gambling but not casino gambling
I might have predicted that
That's fair, when it works it works flawlessly and it does well handling higher and lower connections re: video cause I'm on cell phone internet and when we play D&D there's very few interruptions to the game. Whatever they have on the backend works well, but if it's just AWS, then someone else will eventually take that throne