Discord funding round values it at an eye-popping $15 billion

Discord is so hot right now. Like many tech startups it has now reached the position where, despite revenues being relatively low ($130 million in 2020), it has amassed such a giant userbase (150 million a month) that an array of suitors have been sniffing around: in recent years this includes Amazon, Epic and most recently Microsoft (which offered $12 billion for the chat app).

In recent years Discord has taken steps like shedding the more overtly ‘gamer’ aspects of its branding, in favour of positioning itself as a more general chat app, and its valuation has been on a wild ride. At the start of 2020 it was valued at around $3.5 billion; by the end of 2020 that had doubled to $7 billion. In August this year, CEO Jason Citron said that the company had plans to take that valuation to more like $15 billion.

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