I’m almost starting to wonder if that’s the plan. Just keep saying “IPO IPO IPO” to get funding from over-eager VCs who want a piece of the IPO before it becomes widely available.
But then you just never IPO. Keep making minor to moderate mistakes along the way so you can be all “weeeeell we would have IPO’d but insert thing here so we want to wait another 6 months to let it die down”. Repeat until you’re ready to quit, then actually IPO and ride the initial IPO high all the way down via golden parachute.
The long story short is that you are being made to (by default) give up rights that you should have, particularly around class action lawsuits. It’s strictly bad for you and strictly good for the company. They probably shouldn’t be allowed to do this. Since they are, the only thing we can do to protest it is to opt-out.
Maybe you’ll never sue discord. But maybe someday there will be a lawsuit brought against discord by someone else. A few ideas for topics might include a security vulnerability that leaks personal information, the use of discord content for AI training data (e.g. copyright issues), or the safety of minors online. If you don’t opt-out, you can’t be a part of such lawsuits if they ever become relevant. This overall weakens these lawsuits and empowers companies like discord to do more shady things with less fear of repercussions.
And, since the vast majority of people will never opt-out (since you’re opted in by default) these kinds of lawsuits are weakened from the start. That’s why every company in the US is doing this forced arbitration thing. At this point, they would be crazy not to since it’s such a good thing for them and the average person doesn’t care enough about it.