Summary: Discord's IPO is highly anticipated but has no official date or price announced yet. The platform's valuation stands at $15 billion, with equity owned by founders, employees, and investors.
Despite acquisition offers, Discord remains independent, while market volatility and other tech companies' decisions add uncertainty to the IPO landscape.
What is Discord’s IPO Date?
Discord does not have an official IPO Date and has made no announcements. Discord is one of the most anticipated IPOs for 2023, having experienced tremendous growth as communities in gaming, crypto & more adopt the social media platform.
Discord's popularity skyrocketed during the COVID-19 pandemic, prompting acquisition offers from major tech companies, including a $10 billion bid from Microsoft. However, Discord's management has opted to remain independent and will eventually complete an initial public offering (IPO).
Discord Stock IPO Price
As Discord's IPO plans remain unconfirmed, there is no set IPO price for the company's stock. With a current valuation of $15 billion following a $500 million raise in late 2021 led by Dragoneer Investment Group, Discord's eventual IPO price will depend on macro market conditions and investor interest at the time of its public debut.
Who Owns Discord Equity?
Discord's equity is owned by a combination of its founders, employees, and investors. The founders, Jason Citron and Stanislav Vishnevskiy, hold a significant portion of the company's equity. Discord has also raised over $994 million in funding over 16 rounds from notable names that include Fidelity, Greylock Partners, Index Ventures, Greenoaks Capital, Spark Capital, Tencent, and Dragoneer Investment Group.
The exact breakdown of ownership percentages is not publicly available, as Discord is still a private company. If they IPO, this information will be made public.
Will Discord IPO?
As of now, Discord has not announced a specific IPO date. While there is speculation about a potential public offering, there has been no suggestion from the Discord Executive Team about an IPO any time soon.
Market volatility and tech downturns add additional uncertainty to IPOs generally in 2023 and 2024. As Discord weighs its decision, other big names like Chime Financial, Stripe, Instacart, and Reddit are also eyeing going public, making Discord's IPO journey worth monitoring.
In conclusion, Discord's potential IPO is a highly anticipated event with no official date announced yet. The social media platform, valued at $15 billion, has experienced significant growth, particularly during the COVID-19 pandemic. While Discord's management has rejected acquisition offers to remain independent, they have not confirmed IPO plans.
Market volatility and the decisions of other tech giants like Chime Financial, Stripe, Instacart, and Reddit add uncertainty to the IPO landscape. As Discord considers its next steps, investors and enthusiasts should closely monitor the situation for updates and opportunities.