Examples:
Discord - but terrible data policy as well, but at least works fluently without long load times and they managed to use webrtc in 2020, which Slack still sucjs at and gives you BS about using Firefox and limits It for the free account. Ridiculous.
Zulip Chat - Much better chat functionality and conversation model. Can be self hosted.
Anything with a proper Markdown parser, not something that sucks as much as whatever Slack is using. Oh well, but it could be worse looks at Atlassian Confluence.
Anything that does not heat up 4 Cores at 100% at startup for an inapproprIate amount of time.
Anything respecting your privacy.
Slack and Discord are my two favorite chat platforms right now so I'm very happy with the way this all worked out.
I think we mostly ended up on Slack because we already use it in other contexts - if we didn't, we might have gone for some other IM system.