Discord, the social conversation, which popular in the community of video games, met with investment bankers in recent weeks to discuss preparations for an initial public offer just this year, two people said in talks.
An IPO of a well -known technology company could offer a very necessary stroke for private companies weighing public lists. The volatility of the market caused by an uncertain economy, along with strong valuations for private companies, has led to a slow start to the iPO market this year.
Discord was recently valued by private investors in 2021 in about $ 15 billion.
People, who demanded anonymity because the conversations are confidential, warned that the talks were still exploratory and that the IPO plans remained subject to changes.
A discord spokesman said Wednesday: “We understand that there is great interest in Discord’s future plans, but we do not comment on rumors of rumors or speculation. Our focus remains in providing the best possible experience to our users and building a strong, viable business.”
Other companies are preparing to be made public despite increasing turmoil in financial markets. Coreweave, a cloud computing service provider for artificial intelligence, filed for IPO this week. Coreweave said in a deposition that it had revenue of about $ 1.9 billion last year and net loss of $ 863 million.
Discord was founded by Jason Citron and Stanislav Vishnevskiy, two technology workers who initially met to build a video game studio. After the release of their first title, the two hit the idea of ​​disagreement, realizing that they had difficulty communicating with each other on the internet while playing a game. They released the first version of Discord on desktop computers and smartphones in May 2015.
The players embraced the platform, which allows people to chat through text, voice and video calls in the app for free. Discord also saw an explosion in use during the first days of the pandemic. The company held acquisition talks with Microsoft in 2021 for $ 10 billion mentioned, although the agreement was not implemented.
More than 200 million people use disagreement each month, with 93 percent of them using the app to play games.
The company makes money through a “Freemium” model in which people can use applications free and pay subscription fees for upgraded features, such as Custom Emojis and higher quality voice and video conversation. Discord is not based on traditional revenue advertising.
In recent years, Discord has attempted to expand its appeal, embracing the influencers, musicians and other numbers that created their own conversation halls for their fans to gather and form electronic communities.
Discord also begins to expand its activities. The company debuted in an online store in 2023, where users can pay to improve their profiles and add custom graphics to their digital idols.
