That hire was a major red flag. As soon as they announced the shift to go for an IPO the writing was on the wall. As so often is the case, when someone who doesn't understand or care about the nuance of the platform they are now in charge of starts operating from a playbook from a previous company, that new company and it's dependants are in for a rude awakening.

For me this IPO is a great example of how unsustainable and outdated model of VC-backed companies is for most business. For future community-centric platforms like Discord I can imagine the funding will come from community. Glad to see this happening

Okay thanks