Discord Reportedly Valued at $7 Billion
Discord, an online app that lets friends connect in voice calls or chat rooms and includes integration with video game launchers like Steam, raised $100 million in investor funding after Discord doubled its user base from a year ago according to Techcrunch.
This shows investors are clearly considering Discord a valuable company with estimates of the company’s worth hitting $7 billion. Compare that to the valuation of certain game developers like Bethesda which Microsoft acquired for $7.5 billion.
Valuations, however, are approximate figures based on several financial factors and attempt to reflect the true cost of a company. This valuation is subject to fluctuation based on changes in the market or the company.
But valuations serve as a good barometer, and Discord’s value is now comparable to that of Bethesda, or even bigger than studios like 2K ($3.22 billion) or Capcom ($3.44 billion).
However, the upper levels of game developers can reach as high as $80 billion such as in the case of Nintendo. But companies like Ubisoft (~$11 billion), EA (~$22 billion), and Activision Blizzard (~$30 billion) are worth more than Discord. And even compared to other enterprise apps, Discord is dwarfed by companies like Slack which was acquired by Salesforce for $27.7 billion.
Since the COVID-19 pandemic, apps like Discord which connect friends and users virtually online have only become more important. Originally marketed as a tool for gamers, including launching its own games store, Discord has shifted considerably into a more all-purpose service for artists, communities, gamers, and more.
In 2019 Discord shut down its game store to focus on its core business.
Posted:
Related Forum: PC Gaming Forum
Source: https://www.ign.com/articles/discord-reportedly-valued-at-7-billion-heres-how-that-compares-to-ubisoft-2k
Related Articles
Comments
Latest Downloads
- 01. Operation: Matriarchy - SaveGame (The Game done on hard difficulty) [1.0](1)
- 02. LEGO Star Wars: The Skywalker Saga - SaveGame (The game done 100%) [Steam](1)
- 03. Through the Woods: SaveGame (The Game done 100%) [Steam](0)
- 04. Humans are not that against Lizardwomen: SaveGame (The Game done 100%)(1)
- 05. Tekken 1 100% save game file for Retroarch US version(0)
- 06. The Expanse: A Telltale Series - SaveGame (all chapters are opened, trophies are unlocked)(1)
- 07. Need for Speed: Most Wanted (2005) - SaveGame (Good start, 6 cars) [1.0](1)
- 08. Commandos: Strike Force - SaveGame(1)
- 09. Mario Party 2 100% Complete Save(3)
- 10. Mario Party 2 (Virtual Console) Save(0)
- 11. My Summer Car: SaveGame (Satsuma blue moon)(0)
- 12. [EU] Dark Souls 2 SOTFS Modded Starter Save(7)
- 13. Saints Row: SaveGame (Arena of Death, 31% storyline)(1)
- 14. Lies of P: SaveGame (100%, all bosses killed, level 85 hero)(4)
- 15. PainKiller Supernatural 2.0: SaveGame(0)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(777)
- 02. Russian Pinocchio Quick Trophy Guide(1,040)
- 03. Venatrix Quick Trophy & Achievement Guide(1,121)
- 04. Call of the Sea 100% Platinum Walkthrough(1,060)
- 05. Wire Lips 100% Platinum Walkthrough(1,158)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(1,012)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(942)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(794)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(838)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(771)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(1,059)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(1,044)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(738)
- 14. Remoteness 100% All Trophies Walkthrough(1,164)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(862)
"Discord Reportedly Valued at $7 Billion" :: Login/Create an Account :: 2 comments