Communication and social media platform Discord was valued at 14.7 billion U.S. dollars in September 2021. The platform, which provides users with voice, text, and even video streaming communication channels, was valued at 3.5 billion U.S. dollars in June 2020, but saw both its engagement and value skyrocket in 2020, as users looked for online communication channels during the first outbreaks of the COVID-19 pandemic. In June 2022, after witnessing the market stalling and digital companies slowing revenues, Fidelity Investments cut its valuation of Discord shares by approximately 32 percent. The following year, the company deepened its valuation cut by 47 percent.
Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023
(in billion U.S. dollars)
*Estimate calculated by Statista on the basis of September 2021 valuation, devaluated by 32 percent as reported by Fidelity in June 2022, and by 47 percent in June 2023. Devaluation based on Fidelity initial investment of 3.3 million U.S. dollars.
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CNBC, & TechCrunch, & Statista. (June 30, 2023). Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1351130/discord-inc-valuation/
CNBC, und TechCrunch, und Statista. "Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023 (in billion U.S. dollars)." Chart. June 30, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1351130/discord-inc-valuation/
CNBC, TechCrunch, Statista. (2023). Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1351130/discord-inc-valuation/
CNBC, and TechCrunch, and Statista. "Discord Inc. Valuation from April 2018 to September 2021, with An Estimate for June 2022 and June 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1351130/discord-inc-valuation/
CNBC & TechCrunch & Statista, Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1351130/discord-inc-valuation/ (last visited November 09, 2024)
Discord Inc. valuation from April 2018 to September 2021, with an estimate for June 2022 and June 2023 (in billion U.S. dollars) [Graph], CNBC, & TechCrunch, & Statista, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1351130/discord-inc-valuation/
