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If you want to find companies that match your interests, investment goals and portfolio, try Gainy for some great IPO investment ideas, as well as established blue-chip companies and a variety of other assets. However, in 2020 Discord reported that 70% of its users were using the platform for other purposes, like virtual classes, groups, and conventions.ĭiscord’s $130 million revenue, as reported in 2020, comes from its paid subscriptions, server boosting, and fees from game sales.Ĭheck out our IPO section to look at other scheduled IPOs. The company’s partnerships with large gaming players like Microsoft and Sony, means the platform is very likely to retain its ground in the gaming market.
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As of 2021, the app has over 150 million monthly active users and is available on all major platforms: Windows, macOS, Android, iOS, and others. It only got stronger in the pandemic and has been growing from strength to strength ever since.ĭiscord has a strong niche and isn’t planning to go anywhere soon. Of course we have to keep in mind that a recession may be coming, which may wipe out many overblown stocks, but Discord is an online service. But as soon as the Discord IPO date is announced, it may be a good idea to get ready to jump on board, as a company like this is not only likely to bring good early returns, they are very likely to also be a great long-term investment. SPACs have many downsides, at least the speculative way in which they were used in the last 2 years.ĬEO and co-founder Jason Citron, who owns a stake in Discord and other investments, has an estimated net worth of $800 million.Įven though there are good reasons to believe Discord will go public in 2022, the Discord IPO date remains open. However, many of these turned out to be flops. This is a way to launch an IPO by merging with a blank-check company, which makes the IPO process cheaper and quicker. Check back to this page to find out all the key information when it becomes available.Ī company of their size is likely to launch a traditional IPO instead of doing it via a special purpose acquisition company (SPAC). We don’t know anything specific about their IPO date, suggested stock price or stock symbol, as private companies don’t have to disclose any information about their upcoming IPO.
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Discord Public Listing Key Data and IPO Dateĭiscord is very likely to file its IPO on Nasdaq like all tech companies do in 99% of cases. Read on to find out the Discord IPO date and price, and other key info. That’s why everyone is asking the question, “when is Discord going public?” In September last year, Discord had a funding round that raised $500, giving the company a valuation of $15 billion. In 2021, Discord turned down a $10 billion acquisition deal from Microsoft, as well as bids from Twitter and Amazon, and decided to launch an initial public offering and become a public company. In August 2021, the company reported $130 million in revenues for 2020, three times more than the year before.
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Their first success was when the platform was picked up by streamers playing Diablo and World of Warcraft.ĭiscord raised another $20 million in a funding round in January 2016, then $150 million in December 2018, and announced a valuation of $2 billion. Thus, Hammer & Chisel received additional funding and launched the platform in 2015.
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People can join other people’s servers according to interests but only with an invitation. The communication here happens using private chats or communities or “servers.” The servers are not just for streaming but for meeting people, therefore Discord is often used as a social network. During the development process, Citron noticed how hard it was to communicate with his team while playing, and Discord was created to make the process more streamlined and user friendly.ĭiscord is targeted at gamers and is very popular among the younger generation. The company was founded in 2015 by Jason Citron and Stanislav Vishnevskiy, both of whom had founded similar social gaming platforms.Ĭitron sold his previous company OpenFeint for $104 million and in 2012 founded Hammer & Chisel, a game development studio that released one game but didn’t become successful. Discord is a digital platform for instant messaging, voice calls, streaming, and media exchange.
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