According to recent reports from The New York Times, Discord, the popular chat platform favored by gamers, is exploring the possibility of an initial public offering (IPO). Sources indicate that Discord's leadership has been engaging with investment bankers to lay the groundwork for an IPO that could take place as early as this year. The company was valued at around $15 billion during its last valuation in 2021.
In response to these reports, a Discord spokesperson told The New York Times, "We understand there is a lot of interest around Discord’s future plans, but we do not comment on rumors or speculation. Our focus remains on delivering the best possible experience for our users and building a strong, sustainable business."
Discord has seen a significant rise in popularity, particularly within the gaming community, thanks to its gaming-friendly features and robust moderation tools. The platform has been integrated into PlayStation 5 and Xbox Series consoles, offering an easy-to-use voice chat option, and has recently added streaming capabilities. While the service is free, Discord also offers various monetized options that provide access to a broader range of customizable features.
However, the prospect of an IPO has sparked concerns among users. On the subreddit r/Discordapp, the most upvoted comment on a relevant thread expresses apprehension: "Whelp! It's been fun, but anytime someone decides they want to 'make a public offering' then the company *everything* goes to shit. What's the next communications platform promising to not sell out, like all the others?" Similarly, in r/technology, users lament, "Rip Discord, brought into the cycle of infinite growth at any cost."
These developments are not entirely surprising. In 2021, it was reported that Discord was in discussions with at least three companies about a potential acquisition, including Microsoft. However, a month later, it was announced that Discord would remain independent and pursue an IPO instead.
Latest Downloads
Downlaod
Top News
