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Re:Slack Says It's Filed to Go Public by Navarr on Monday February 04, 2019 @03:31PM (#19080335)
I don't think anyone considers Discord a competing product. It targets a different market/userbase than Slack.

Slack is very much setup for business use and integrations.

Discord has a bot API, but it's mostly focused around realtime chat for communities (like a community-focused Skype).

They're very similar, but serve different purposes and different markets

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