Discord, which allows public and private groups to meet and chat via text, audio, and video via social platforms, is currently valued at $ 15 billion and was worth the business in the previous round. It’s more than double the $ 7.3 billion.

How much is Discord Worth? The Discord concept comes from Jason Citron, the founder of Open Feint, a social gaming platform for mobile games. He sold Open Feint to GREE for $ 104 million in 2011 and founded the game development studio Hammer & Chisel in 2012.

What does Discord Nitro do, the most popular group chat program for video players, said Friday that it is currently valued at $ 2.05 billion after raising $ 150 million in a new funding round.

Is Nitro discord worth it?

If you’re the creator or community leader who owns the server, Nitro is definitely worth it. The price of both servers will increase at the same price as your monthly Nitro subscription, but with no additional benefits and a 30% discount on future increases.

I found out that Google Pay was a payment option for Discord Nitro, so I bought a gift card for my smartphone. You can’t really pay with your store balance, as it all ends up paying with a credit card connected to your Google account.

Discord is not owned by any other company. They were invested by several VC companies and Chinese company Tencent, fueling rumors that Discord sells user data to Tencent or China. However, Tencent does not own Discord.

Gaming platform Discord said Wednesday that it raised $ 500 million in a new funding round led by the Dragoneer Investment Group.

Discord, which enables public and private groups to meet and chat via text, audio, and video via social platforms, is currently valued at $ 15 billion, more than double the $ 7 billion. According to PitchBook data.

In December 2020, Discord raised $ 100 million in its last round of funding, led by Bessemer Venture Partners and Green oaks Capital to rate the company at over $ 7 billion. Other investors include Index Ventures, Gray Rock Partners, Accelerator Partners, and Tencent Holdings.

What does Discord Nitro Do?

Discord Nitro is a premium subscription level for the world’s most popular game chat service. Comes with personalized emojis, personalized digital Discord maps, animated avatars, and global access to server boosters in your favorite community from participating channels.

The company was ranked third on this year’s CNBC Disruptor 50 list. Other investors include Baillie Gifford, Court Management, Fidelity Management, and Franklin Templeton.

Earlier this year, Discord began negotiations with Microsoft and said it plans to expand as an independent company focused on building a rapidly developing chat platform and monetizing its user base during the pandemic. According to sources familiar with the matter, the public list is already on the table, but it’s not imminent.

Discord is a New Social Life for Adolescents Living in Isolation?

According to TechCrunch, Discord has grown in popularity this year, doubling its monthly active users to 120 million and downloading 800,000 times a day. Created in 2015 as a platform for internet gamers, its growth was driven initially by Fortnight and more recently by Super Hit among Us, a game where a group of players gathers in a space version of Survivor.

But much of its popularity is due to its ability to connect communities when so many people, especially young people, are isolated from each other. As founder Jason Citron said in a July blog post, Discord has taken a step out of the gamer world and united groups of all kinds. Therefore, the company consciously redesigned the interface so that it is not game-oriented. Today, with 13.5 million servers running each week (Discord talks about channels), it’s a great social media app. Great for teens and babies like my daughter (I’m always afraid to get her involved).

There were bad guys among those millions of servers, and for some time Discord became a right-wing hangout. 2017 Unity Right March at Discord in Charlottesville, Virginia. Stigma and homosexual aversion are also allowed to escalate due to their modest and generous approach by their founders. That changed when Discord tried to expand its appeal. Forbes reported that it wiped out dozens of servers linked to white supremacists and now 15% of its employees are part of a Trust and Safety team dedicated to eliminating the bad guys.

How does Discord make money?

Despite this shortcoming, Discord has raised $ 379.3 million in venture capital so far, according to Crunch Base. This includes $ 100 million in the June funding round and $ 3.5 billion in corporate value. The new cycle doubles this rating.

At some point, these investors want a return on their investment and it’s unclear how that will be done. The app is free, but it sells a premium product called Nitro for $ 100 a year that allows users to customize their profiles to improve performance. Forbes estimates that Nitro will generate about $ 120 million in revenue this year.

The obvious solution for Discord founders is to sell WhatsApp, Instagram, YouTube, and Skype to existing tech giants who may swallow them before. Tech site protocols go beyond why this hasn’t happened yet (financial, legal, political), but it could be too many, as millions of Discord users can turn into billions. There is sex. Big Tech tempts you to skip. Price.