Discord raises $150M, surpassing $2B valuation

#1

Post by sahin » Fri, Dec 21, 2018, 10:59 PM UTC

Discord raises $150M, surpassing $2B valuation
techcrunch.com

Re: Discord raises $150M, surpassing $2B valuation

#2

Post by ohiovr » Fri, Dec 21, 2018, 11:10 PM UTC

I'm not a user of it but I'm wondering how they make money?

Re: Discord raises $150M, surpassing $2B valuation

#3

Post by thekyle » Fri, Dec 21, 2018, 11:12 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

It doesn't make them much but I believe they sell a premium version with access to stickers and other stuff for chatting, and they have a video game store for PC now.

Re: Discord raises $150M, surpassing $2B valuation

#4

Post by mburst » Fri, Dec 21, 2018, 11:12 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

Game market, animated avatars, extra emojis, etc https://discordapp.com/nitro

Re: Discord raises $150M, surpassing $2B valuation

#5

Post by echeese » Fri, Dec 21, 2018, 11:12 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

Discord Nitro, their premium service, and they opened a game store this year.

Re: Discord raises $150M, surpassing $2B valuation

#6

Post by herval » Fri, Dec 21, 2018, 11:14 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

It’s in the article... (and also what they’re expanding into)

Re: Discord raises $150M, surpassing $2B valuation

#7

Post by detaro » Fri, Dec 21, 2018, 11:15 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

They launched a game store this year, and they sell pro accounts ("Nitro") with extras like animated avatars, higher streaming quality and free access to some games from the store.

Re: Discord raises $150M, surpassing $2B valuation

#8

Post by MayorMonty » Fri, Dec 21, 2018, 11:15 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

They have a premium service, but I can't imagine they're making enough off of that. From what I can tell, they aren't making money, and are just spending investor capital

Re: Discord raises $150M, surpassing $2B valuation

#9

Post by hnauz » Fri, Dec 21, 2018, 11:17 PM UTC

ohiovr wrote: post #2

I'm not a user of it but I'm wondering how they make money?

I'm sure they don't. You can pay to use an animated gif as your avatar and some other useless gimmicks, and as you can imagine, the % of users who pay is abysmal.

Re: Discord raises $150M, surpassing $2B valuation

#10

Post by arvidkahl » Fri, Dec 21, 2018, 11:17 PM UTC

The close proximity to very lucrative services like Twitch makes this an extremely interesting company. With eSports breaking into mainstream media outlets like ESPN, having a fully fledged community gathering place with all the trimmings, voice chat, raffles appears to be marketing heaven for a generation raised on YouTube and gaming streams.

I wonder what's in store for Discord next. Integration into games? Digital currencies blending the virtual worlds with reality?