Wednesday, April 21st 2021

Discord Exits Acquisition Talks with Microsoft, Will Remain Independent Company

Discord has reportedly ended acquisition talks with Microsoft after they rejected a 12 billion USD bid according to people familiar with the matter. Microsoft was not the only company interested in buying Discord, other interested parties included Twitter and some valuations but the company at 15 - 18 billion USD. Discord raised 100 million USD in its latest private funding round with a valuation of 7 billion USD from Greenoaks Capital and Index Ventures. Discord is now focused on increasing revenue from its 140 million users which sat at 130 million USD in 2020. The company is also preparing for an initial public offering sometime in the future.
Source: Wall Street Journal
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16 Comments on Discord Exits Acquisition Talks with Microsoft, Will Remain Independent Company

#1
AsRock
TPU addict
YAY, a company that shows promise that it will not be striped ( even if that lucky ) for what it's worth. I hope they just not trying to get a little more out of one of them.

But sounds like they selling out now, i guess time will tell who...
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#2
the54thvoid
Not sold out yet but it appears they're backed by venture capitalists. They'll want their ROI from Discord, one way or another.
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#3
mak1skav
If these are our options then I would prefer Microsoft to buy them than Twitter to be honest.
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#4
AsRock
TPU addict
mak1skav
If these are our options then I would prefer Microsoft to buy them than Twitter to be honest.
Dunno about that i think they are both bad.

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#5
Chrispy_
\o/

Microsoft would DEFINITELY, OBVIOUSLY ruin Discord. Their track record mandates it as so.

"Discord is now focused on increasing revenue from its 140 million users" doesn't bode well for Discord either, but that's the potential for possible ruin, if it's handled badly, rather than that absolute rapid guarantee of ruin that Microsoft would mean.
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#6
Hargema
Discord is overrated, only relevant because there doesn't seem to be anything better since Skype.
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#7
Dragokar
AsRock
YAY, a company that shows promise that it will not be striped ( even if that lucky ) for what it's worth. I hope they just not trying to get a little more out of one of them.

But sounds like they selling out now, i guess time will tell who...
Which promise? That they keep your data and declare them as own content and keep the right to sell it to everyone they like without notice?
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#8
Vendor
pretty relaxing to hear that, we didn't wanna get another platform ruined by M$
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#9
lexluthermiester
Uskompuf
Discord is now focused on increasing revenue from its 140 million users which sat at 130 million USD in 2020.
Get rid of mandatory 2FA and that might be possible...
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#10
X71200
Hargema
Discord is overrated, only relevant because there doesn't seem to be anything better since Skype.
Of course, they have several rules regarding harassing other people and whatnot ending up in an account suspension, but that rarely even ever happens. When they do delete accounts, it seems more often for botting reasons and whatnot nowadays. Triggers something I suppose.

It's grown up to be the ultimate playground of boomers, e-girls and edgy teenagers. There are couple good servers here and there, but the majority are garbage and they don't give a rat's about it. There's even a massive pron server.
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#11
Vanny
Still a trash platform with a staff team who likes to suspend accounts for no reason, while actual rule breaking accounts (and servers) get to exist just fine.
Vendor
pretty relaxing to hear that, we didn't wanna get another platform ruined by M$
Haha no need, they will ruin themselves. Kinda already did with the sort of staffing they have.
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#12
Vendor
Vanny
Haha no need, they will ruin themselves. Kinda already did with the sort of staffing they have.
true, i don't even like how it is currently
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#13
samum
Is Jerry Yang the CEO of Discord?
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#14
c2DDragon
How can somebody refuse that much of billions for a social network. What do they expect to make ?
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#15
ZILZAL
c2DDragon
How can somebody refuse that much of billions for a social network. What do they expect to make ?
Maybe they are waiting for a "Chinese Offer" ?!
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