How much is Discord worth?

Discord’s estimated net worth is $15 billion as of February 2023, with the company having experienced significant growth in recent years, including a valuation of $14.7 billion in 2021 after its funding rounds. This valuation is a testament to the platform’s popularity and widespread adoption, with 175 million monthly active users and a revenue of $445 million by the end of 2022, representing a 44% year-over-year growth.

Discord Overview and Financials

Discord is a communication platform that has become an essential tool for gaming communities, content creators, and other groups, offering a range of features such as voice and video chat, screen sharing, and rich media support. The platform’s success can be attributed to its user-friendly interface, cross-platform compatibility, and extensive customization options, making it an attractive choice for users looking for a feature-rich communication platform.

Frequently Asked Questions

Discord Demographics and User Base

1. What are the Discord demographics? 79.46% of Discord users are male, while 20.54% are female, indicating a significant gender imbalance in the platform’s user base.
2. How many users does Discord have? Discord has over 350 million registered users and 150 million monthly active users, making it one of the largest communication platforms in the world.
3. What is the age distribution of Discord users? The largest share of Discord users are between 25-34 years old, accounting for over 42% of the platform’s audience, followed by users between 16-24 years old, who make up 22.2% of the user base.

Discord Ownership and Valuation

4. Who owns Discord? Discord is owned by Discord Inc., a privately held company founded by Jason Citron and Stanislav Vishnevskiy in 2015.
5. What is Discord’s valuation? Discord’s valuation is estimated to be $15 billion as of February 2023, with the company having reached a valuation of $14.7 billion in 2021 after its funding rounds.
6. Is Discord a billionaire company? Yes, Discord is a billionaire company, with a valuation of over $15 billion, making it one of the most valuable private companies in the world.

Discord Revenue and Monetization

7. How much does Discord make a year? Discord’s revenue was $445 million by the end of 2022, representing a 44% year-over-year growth.
8. How does Discord make money? Discord makes money through its paid subscription service, game sales, and server boosting, offering a range of revenue streams for the company.
9. Is Discord profitable? Despite generating significant revenue, Discord lost $66 million in earnings before interest in 2022, highlighting the challenges the company faces in achieving profitability.

Discord History and Future

10. When was Discord founded? Discord was founded in 2015 by Jason Citron and Stanislav Vishnevskiy, with the platform being publicly released in May of that year.
11. Will Discord go public? Discord’s initial public offering (IPO) is expected to take place in 2023, with the company potentially listing on the NYSE or Nasdaq.
12. What did Discord used to be called? The concept of Discord came from Jason Citron, who had founded OpenFeint, a social gaming platform for mobile games, and Stanislav Vishnevskiy, who had founded Guildwork, another social gaming platform.

Discord Usage and Impact

13. How many gamers use Discord? 36% of respondents who played video games daily or weekly used Discord, while 64% of frequent gamers did not use the platform.
14. Is Discord losing popularity? Despite some reports of a decline in popularity, Discord remains a healthy and widely used platform, with usage catapulting during the COVID-19 lockdown and the company announcing over 100 million monthly active users.
15. Will Discord eventually shut down? There is no indication that Discord will shut down in the near future, with the company continuing to invest in new features and expand its user base, ensuring its position as a leading communication platform for years to come.