Discord, the popular communication platform widely used by gamers and online communities, is reportedly considering an initial public offering (IPL), according to sources cited by The New York Times. The report suggests that Discord’s leadership has recently engaged with investment bankers to begin early preparations for a potential IPO as early as this year. At its last valuation in 2021, the company was estimated to be worth approximately $15 billion.
In response to the speculation, a Discord spokesperson issued the following statement: “We understand there is a lot of interest around Discord’s future plans, but we do not comment on rumors or speculation. Our focus remains on delivering the best possible experience for our users and building a strong, sustainable business.”
Over the years, Discord has grown into a central hub for gaming and non-gaming communities alike, thanks to its robust voice chat, text messaging, and moderation tools. Its integration into both PlayStation 5 and Xbox Series consoles has further cemented its role in modern gaming, while recent updates have expanded its capabilities to include live streaming features. Although the platform remains free to use, it also offers premium monetized features through its Nitro subscription service.
Despite its success, the news of a potential IPO has sparked concern among some users who fear that going public could compromise the platform’s core values and user-first approach. On Reddit’s r/Discordapp, one top-voted comment reads: “Whelp! It's been fun, but anytime someone decides they want to 'make a public offering' then the company *everything* goes to shit. What's the next communications platform promising to not sell out, like all the others?”
Similarly, on r/technology, users have expressed worries about the pressures of public market expectations, with one post stating: “Rip Discord, brought into the cycle of infinite growth at any cost.”
While the idea of an IPO may seem like breaking news, it isn't entirely unexpected. Back in 2021, reports surfaced that Microsoft and other companies had shown interest in acquiring Discord. However, shortly thereafter, the company confirmed it would remain independent and instead explore an IPO as part of its long-term strategy.