Products

Discord is a platform for instant messaging, voice calls, streaming broadcasts, and other types of media file sharing. Primarily aimed at gamers, it is also quite popular within the cryptocurrency community

It operates as a voice, video, and text communication service to connect with friends and communities. It is also used for creating communities in niche areas, such as specific games, and its low latency capabilities make its voice-over-internet protocol (VoIP) functionality ideal for gamers and individuals seeking high-quality voice chats without interference

The platform was launched in 2015 and gained popularity among eSports players, Twitch streamers, and Xbox Live users due to its low-latency chats and user-friendly interface

Voice over internet
protocol (VoIP)

Midjourney

Nitro

Discord is a voice, video and text communication service for communicating with friends and communities. It is also used to create communities in narrow niches, and its Low latency capabilities make (VoIP) functionality ideal for gamers and individuals looking for high-quality voice chats without interference

In 2022 - 2023, Discord launched integration with applications based on neural networks, which gave a surge in the popularity of the messenger among users

Discord subscriptions on Nitro offer advanced features and account customization, contributing to the company's revenue growth. Subscribers use these benefits like higher quality videos, custom emoticons, and improved file upload restrictions

Revenue in 2023

$207 mln

Financial metrics

Investors

The company has recently made moves that indicate it is preparing for an initial public offering (IPO), including hiring former senior executives from leading technology and digital companies and backing out of acquisitions of Microsoft, Twitter and Amazon

Discord is expected to list on either the New York Stock Exchange (NYSE) or the Nasdaq, both prestigious public exchanges that cater to a variety of investors. This potential listing signifies significant progress for the company and its readiness to go public, offering an excellent opportunity for investors looking to capitalize on Discord's success

Discord has raised a total of $995.4 million in funding across 16 rounds, with the latest funding round raising $500 million and valuing the company at $15 billion

ARK Invest, Arcane Group, Flat Capital, Tencent, Sony, Dragoneer Investment Group,
Index Ventures, Franklin Templeton, Fidelity Investments, Accel

Core team

Jason Citron

Co-founder and CEO, before Discord, founded and led a mobile gaming platform that was purchased for $104 million in 2011

Stanislav Vishnevskiy

Co-founder and CTO, before Discord was a developer of tools for game developer

Investment Proposal. Discord

The gaming market is expected to grow from 281 billion USD
in 2023 to 665 billion USD by 2030

Discord's market share is around 9%
and has significant potential for growth

The mobile VOIP communication market is expected to exceed 150 billion USD by 2024 and reach 183 billion USD by 2027

Increased usage in niches other than gaming. For example, in 2020, 70% of Discord users utilized the platform not only for gaming

The number of system users is growing by more than 20% per year

From 2018 to 2021, the company's market capitalization increased by 6.8 times

Terms and conditions

Valuation: $5.9 billion
Share price - $220

Commission:

Min chec:

Syndicate in USDT

Deal typ:

5% Setup Fee, 20% Carry

$10 000

Secondary

Erc20

The information and material presented in this document is provided for your informational purposes only and does not constitute an offer by Angel Talks & Partners LLC or any of their affiliates (collectively, "Angel Talks & Partners") to sell, or a solicitation of an offer to buy any securities, and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement, and will be subject to the terms and conditions and risks delivered in such documents.

Any information regarding the valuation of portfolio companies is an estimate based on analysis of data that is publicly disclosed and is based upon information reasonably available to Angel Talks & Partners as of the date noted herein. The public information incorporated into Angel Talks & Partners analysis has been obtained from sources that Angel Talks & Partners believes to be reliable; however, these sources cannot be guaranteed as to their accuracy or completeness and have not been independently corroborated by Angel Talks & Partners or confirmed by the portfolio companies. There may exist material non-public information that impacts valuation. Valuations are intended to be illustrative rather than definitive and are subject to change. Therefore, you should conduct your own research and analysis on portfolio companies or fund interests and should not rely on Angel Talks & Partners analysis.

The investment examples set forth in this document have been included to provide you with thematic detail pertaining to the types of investable opportunities that Angel Talks & Partners aspires to make available for investment. Investments in portfolio companies offered through Angel Talks & Partners may ultimately generate positive returns, and other investments made in portfolio companies offered through Angel Talks & Partners may generate negative returns. It should not be assumed that investments in portfolio companies offered through Angel Talks & Partners will match the performance or character of the investment examples discussed throughout this document

Angel Talks & Partners does not make any representation or warranty or guarantee as to the completeness, accuracy, timeliness or suitability of any information contained within any part of this document nor that it is free from error. Angel Talks & Partners does not accept any liability (whether in contract, tort or otherwise howsoever and whether or not they have been negligent) for any loss or damage (including, without limitation, loss of profit), which may arise directly or indirectly from the use of or reliance on such information. Whilst the information provided has been obtained from sources believed to be reliable, Angel Talks & Partners does not attest to its accuracy or completeness. Angel Talks & Partners reserves the right to change any source without restriction or notice.

This document is intended for the exclusive use of the person or entity to which it is addressed and may contain confidential or privileged information. This document may not be reproduced, distributed to any third party or otherwise published (in the case of the information contained herein, insofar as reference is made to the fact that Angel Talks & Partners has provided the information) without the prior written consent of Angel Talks & Partners. If the reader of this document is not the intended recipient or his authorized agent, the reader is hereby notified that any dissemination, distribution or copying of this document is prohibited. If you believe that you have received this document in error, please advise the sender by reply email of the error and delete this email immediately.

Disclaimer