Discord is gearing up for a potential IPO with assistance from major banks

From Nasdaq.: 2025-03-26 15:58:00

Discord, a popular chat platform, is gearing up for a potential IPO with assistance from Goldman Sachs and JPMorgan Chase. Originally catering to gamers, Discord has broadened its appeal, rejecting a $12 billion offer from Microsoft and quadrupling its revenue to over $600 million annually. The move towards a public listing reflects the company’s ambition to expand beyond its gaming roots.

Despite policy uncertainty and global market challenges, tech IPO activity is on the rise. Discord’s shift from a gaming tool to a diverse community platform has attracted investor interest. With annual revenue surpassing $600 million and major banks advising on a possible IPO timeline in 2023/2024, Discord’s success in capturing diverse communities positions it well for a high-profile market debut.

Investors are closely watching how Discord balances growth, monetization, and user experience as it navigates towards a potential IPO. The company’s rejection of a $12 billion acquisition offer from Microsoft showcases its confidence in an independent strategy. While regulatory scrutiny and economic uncertainties may pose challenges, Discord’s strong user base and revenue growth could make it a standout candidate in the tech IPO landscape.



Read more at Nasdaq.: Discord’s Path to a Blockbuster Tech IPO