News Discord on sale for more than $10 billion

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Discord is going through a sales process now that could result in a purchase of the communications and cha5t platform for much more than $10 billion, GamesBeat has learned.

Two sources familiar with the matter said that Discord is exploring its options for a sale in the wake of interest from multiple parties that want to buy the company. And one source said the company has signed an exclusive acquisition discussion with one party, meaning it is in final negotiations about a sale. This news comes after Discord raised $140 million in December at a $7 billion valuation (based on data found by Prime Unicorn Index).
“I know they are in active discussions with a select few parties,” one source said. “The market is in a state where they could command strong double-digit billions of dollars.”

A spokesperson for Discord said it declined to comment on rumors or speculation. A lot of things could happen that could change the company’s plans. But Discord is in play, according to our sources.
While Discord has grown dramatically and has more than 140 million monthly active users, it is still in a growth phase, and its financials aren’t spectacular now. That means it may be early for the company to try to go public, the source said.

 

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