Discord’s popularity makes it a viable investment consideration, and that makes knowing Discord’s net worth important.
Discord has become the largest chat platform for gamers and non-gamers alike. It has approximately 200 million users globally. And, as a result, the company’s net worth stands at a whopping $2.5 billion as of December 2021. However, the company has grown through several stages to reach this value. And it’s not likely to remain at this number in the coming years.
Knowing and understanding Discord’s net worth is crucial to users and interested investors. Therefore, in this article we aim to help you understand the accumulation of Discord’s net worth within its six years of operation. If you’re interested in seeing how Discord generates their net worth we also have an article on how Discord makes money.
The Growth of Discord Over the Years
Discord began in 2015 as a gaming platform where gamers could chat and live stream. By January 2016, the company had 3 million users, and each month it gained 1 million more users. As a result, by August the same year, Discord had 11 million users.
By 2018, Discord announced 130 million unique registered users during its third anniversary. Although most of its users were gamers initially, a small group of non-gamers also joined the platform for other activities. These included stock trading and fantasy football.
In 2021, Discord recorded more than 140 million monthly active users. And the platform confirmed they had about 350 million registered users in total. That’s via both its web and mobile platforms.
Calculating Discord’s Net Worth
Although Discord’s net worth is not yet in the public domain, credible sources have estimated its value. Estimations show that the company’s net worth, as of 2021, is in the region of $2.5 billion.
According to the Wall Street Journal, Discord generated $130 million in revenue in 2020, a 188% increase from the previous year. Most of its revenue comes from their Nitro subscription service that allows users to customize their profiles.
In addition, TechCrunch indicates that Discord had a $3.5B valuation in 2020, which would help the company make a legacy as a home for gamers and the wider community. In 2021, the company doubled its valuation to $7B.
Discord uses the Prime Unicorn Index component in its valuation. This index helps interested investors obtain a fair representation of the private markets. It also provides an up-to-date record of today’s private capital markets that helps investors make informed decisions.
Discord’s net worth of $2.5 billion is a clear indication that it is a stable business. And it could, therefore, be a sound investment. It has become a popular platform for a broad spectrum of communities. And it has a promising future for both users and interested investors.