Discord’s IPO Could Launch in March Amid Buzz from Wall Street
Wall Street is buzzing about a possible Discord IPO that could happen this March, giving a glimpse into the company’s finances.
We still need to wait for more news. While some investors are ready, we don’t know if this year is good for IPOs. Discord talked about going public last March but held back due to problems in the U.S. government. Budget cuts and a shutdown made many companies nervous about IPOs.
If the stock market keeps doing well, Discord’s IPO might be one of the biggest this year. In 2021, Discord was valued at $14.7 billion after raising funds. The app started with gamers but now has over 200 million monthly users. In 2021, Microsoft offered $10 billion for Discord, but the company chose to stay independent.