Discord Discusses IPO Plans Amid Growing User Base
Discord is reportedly engaging in early-stage discussions with investment bankers regarding a potential initial public offering (IPO), reflecting its significant growth with over 200 million monthly users. Although the talks are still exploratory and subject to change, this marks a renewed interest in going public after previously rejecting a $10 billion acquisition offer from Microsoft in 2021. The company, valued at $14.7 billion during a 2021 funding round, has become a central hub for various communities, including gaming, crypto, and AI.
- Discord's potential IPO highlights the increasing demand for platforms that cater to diverse online communities, signaling a shift in how digital spaces are valued in the marketplace.
- What implications would Discord's IPO have on the broader tech landscape, particularly for community-driven platforms?