Discord Could Be Worth $10 Billion Or More, According to VentureBeat’s Dean Takahashi
Sources discord 10b takahashiventurebeat is exploring a possible sale, according to VentureBeat’s Dean Takahashi. If the sources are correct, Discord may be worth $10 billion or even more. As a matter of fact, the company is in final negotiations with a potential buyer. However, the company is not yet profitable. This could make it a target for Epic Games, a game company.
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Discord is in final negotiations with unspecified buyer
It’s unclear what the next step in the Discord acquisition process will be. The company is said to be in the final stages of negotiations with an unspecified buyer, and sources say it could be worth more than $10 billion. The potential acquisition of the company is a significant deal for the gaming industry. Currently, Discord is a platform that connects game companies with their fans in text and audio chat communities. The Discord CEO must decide whether his company’s mission can be better served as a part of another company. Discord’s spokesperson declined to comment on the rumors.
Discord is in active talks with a handful of parties, including Microsoft. If successful, it could fetch more than $10 billion, according to Bloomberg. Its last round of funding was $140 million in December 2020. The company’s current valuation is about $7 billion.
Sources discord 10b takahashiventurebeat has raised a total of $480 million. It has a large user base that extends beyond paying customers. But Discord has been reluctant to advertise. Discord’s user base is large enough that it is worth a lot, despite the lack of advertising revenue.
Valuation could be higher than $7 billion
Coursera’s stock price soared over $62 per share Thursday, pushing the company’s market cap over the $7 billion mark. The valuation is higher than some experts had predicted and is a significant step for the company, which supports online degrees and workforce training. It is now ahead of rival 2U, which has a market cap of $3 billion, and trails behind Pearson, which has a market cap of $8.3 billion.
Epic Games could be a potential buyer
There are a number of investors who are interested in Epic Games. According to Bloomberg, some of them include Blackstone Inc., which has 106 companies in its portfolio. Others include KKR & Co., which has invested in dozens of companies in the non-gaming space.
Epic has also acquired the Psyonix company, which has a long-standing relationship with the company. Both companies have worked together on improving their Unreal Engine game development tool set. They also share credit for creating such titles as Unreal Tournament 2004 and the Mass Effect 3 franchise.
Google and Apple have both been mulling a potential acquisition of Epic Games, but it’s not clear which company would be the best fit for the company. It’s also worth noting that the companies are involved in legal disputes with each other. Google’s recent decision to take over Fortnite’s publisher also led to Epic Games filing a lawsuit against them.
Epic Games is a privately-owned video game company in Cary, NC. Its most popular game is Fortnite, which is free to play but makes money via in-app purchases. The company has released over 50 games and acquired several companies and technologies that make game development easier, including the Unreal Engine.
A potential buyer of Epic Games should also look into the company’s strategy in digital marketplaces. The company launched its own video game store in 2018 to compete with Valve’s Steam store, and has sought to lure new customers with free giveaways and exclusive deals. It’s also sued Apple over the 30% cut Apple gives to game developers on the App Store. The jury was split, and the firm won. It also characterized the Bandcamp deal as a way to benefit its creators beyond gaming.
Epic’s strategy of acquiring exclusive PC game rights may lead to tensions in the PC gaming market. Valve has long dominated the market and Epic has continued to pour money into a bid to dethrone Valve.
Discord is not yet profitable
Sources discord 10b takahashiventurebeat is one of the hottest tools for gamers and any other community that requires organized communication. Discord has 6.7 million servers and users spend over four billion minutes chatting on it. It earns money from subscription fees, selling games on its Steam-like platform, and server boosting. Still, Discord is not profitable.
Discord is still in its growth stage. While it has more than 140 million active monthly users, its financials are not spectacular. The social game chat site could be a long way off becoming profitable, but Discord’s revenue is still too low for a public offering. Despite the fact that many users can get by without paying for a premium subscription, Discord has retained the services of Qatalyst Partners to evaluate potential suitors. However, the company declined to comment on whether it has engaged in talks with any potential buyers.
The company has recently been in talks with Microsoft, with both companies interested in acquiring the company. While talks between Discord and Microsoft have cooled off, there is still hope for the company. The company has raised $140 million last year and is valued at seven billion dollars. It is expected to reach profitability by 2020.
Its users have helped drive the growth of the platform, and Discord expects to generate $130 million in revenue by 2020. The company makes money by selling premium subscriptions and distributing games. This makes the platform unique compared to other social networks, which rely largely on advertising to fund their operations.
The company is gaining momentum in a rapidly growing market, but the company faces many challenges ahead. The company continues to improve user experience, but the company has to find the right balance between increasing revenues and expanding its user base. Discord has made a handful of strategic acquisitions in order to meet these challenges. For example, it acquired Ubiquity 6, which combines multiplayer technologies and features with Discord, and Sentropy, which helps identify online harassment.
The company is also looking to take the company public. It has been steadily growing and has rejected several takeover offers from major tech companies. In a recent funding round led by Dragoneer Investment Group, it has raised approximately $500 million. The company is expected to go public in early 2022. A successful IPO will be worth nearly $3 billion.