Maybe they can use some of that money to add multiple email account support.
I don't understand. Why would anybody want that?
Discord raises $150M, surpassing $2B valuation
51–60 of 267 posts
Re: Discord raises $150M, surpassing $2B valuation
#52I never understood these ~13.3x valuations. If I invest $5 in a lemonade stand, what makes it valued at $66.50?
It's based on the equity the investor is purchasing in the investment. Here's an easy math example:
I invest $10 in a lemonade stand and get 10% equity in the company. That means that I can theoretically buy the company at $100 to get 100% of the equity.
So when investors put $150M into a company, they are purchasing equity/stock/shares/whatever and the company can then be valued based on the percentage of equity they get for their investment.
Re: Discord raises $150M, surpassing $2B valuation
#53Earlier quoted context omitted.
Completely agree. Skype was the gamer go-to for a while, in fact.
as a gamer I have to ask "when was that?"
When I played CS:Source in a clan, we had Teamspeak that we rented a server for. When I played WoW and Guild Wars with a small group of friends, we used Skype because it was free. Early-to-mid 2000s.
Re: Discord raises $150M, surpassing $2B valuation
#54Earlier quoted context omitted.
Discord is as valuable to the gaming community as IRC was, or as Ventrilo was, or as Skype was (for a while). In other words, not very (as all those tools were easily replaced). Twitch built a marketplace of creators and consumers (like YouTube) -- that's why it's hard to replace. Discord, on the other hand, is a chat program.
I disagree (to a degree) . Everyone i know kicked and screamed about switching from Vent/Teamspeak/Mumble. I feel like it eventually dominated not because it was easy to dump existing solutions, but because existing solutions were poorly designed by comparison. No mobile, horrid chat, required install, poor voip quality. Discord came along with a better offering and it still was a tough switch. With that said, i agre…
>required install
I'd rather install something compared to using the "webapp" version if it used 30 MB of RAM rather than 3000MB.
Re: Discord raises $150M, surpassing $2B valuation
#55I'll just go back to Mumble when it goes to hell.
Re: Discord raises $150M, surpassing $2B valuation
#56I'm bearish on Discord. Unlike Slack, it targets a price-averse demographic and is attempting to enter spaces that are very saturated (Steam, Origin, Epic, Ubisoft are already crushing the digital distribution medium), so then it's basically an IRC replacement for gamers. I understand Slack's valuation as it targets huge companies with up to decades-long contracts and has projected revenues > $1B for this year, but I…
I think Discord is a clear buy for someone like Microsoft. It gives them a big leg up, and doesn't really compete with Skype in the demographics.
Would be funny to change their motto to "Microsoft Discord: Ditch Microsoft Skype"
Re: Discord raises $150M, surpassing $2B valuation
#57I'm bearish on Discord. Unlike Slack, it targets a price-averse demographic and is attempting to enter spaces that are very saturated (Steam, Origin, Epic, Ubisoft are already crushing the digital distribution medium), so then it's basically an IRC replacement for gamers. I understand Slack's valuation as it targets huge companies with up to decades-long contracts and has projected revenues > $1B for this year, but I…
> it targets a price-averse demographic and is attempting to enter spaces that are very saturated
This is accurately the current state of affairs, but these are presented like conclusions you make on an industry that's a half century old at least. Gaming was a tiny niche not 15 years ago. It's entered the mainstream less than 10 years ago. It surpassed the film industry not 2 years ago in revenue. Pirated games almost had more volume than official sales in the 90s. All these things have changed, and are still changing.
The games and games-adjacent industry is changing at a blinding speed. Maybe it'll turn into a steaming junkpile like the mobile app market. But maybe it won't. Kids are growing up with games normalized. Everyone is digital, and games are on anything digital. Incumbents that don't keep up will definitely dwindle in their influence. Big players trying to break into the industry have failed to understand the changes. Everyone said similar things when Twitch had a $2B acquisition by Amazon. I think it was underpriced, they are doing incredibly well. Price-averse? There are people literally throwing (digital) money at streamers just for fun, or to troll them, or to get their message announced on stream, or any number of random antics a streamer sets up. But really only in the last year.
A rapidly changing industry is all about timing, and Xfire was sadly too soon, internet multiplayer gaming was not the mainstream and internet/tech infrastructure for it was not as mature either. No-one can tell these things in the present, but I think now is as good a time as any for Discord to do well.
I think the industry and market, if not Discord itself (which has good execution for a fertile market), is still being seriously underestimated.
Re: Discord raises $150M, surpassing $2B valuation
#58I'm bearish on Discord. Unlike Slack, it targets a price-averse demographic and is attempting to enter spaces that are very saturated (Steam, Origin, Epic, Ubisoft are already crushing the digital distribution medium), so then it's basically an IRC replacement for gamers. I understand Slack's valuation as it targets huge companies with up to decades-long contracts and has projected revenues > $1B for this year, but I…
I'm not so sure gamers are a price-averse demographic
Do you think that because most have $2k+ of gaming gear + regularly drop $120 each game? I'd say that they spend money on the aforementioned things because there's no cheap alternative. They dumped all their money into hardware + games (unavoidable costs) so they can't afford to spend money elsewhere.
Re: Discord raises $150M, surpassing $2B valuation
#59I never understood these ~13.3x valuations. If I invest $5 in a lemonade stand, what makes it valued at $66.50?
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Re: Discord raises $150M, surpassing $2B valuation
#60[deleted]