Discord 'talking to all the console manufacturers' as company chases $15bn valuation
Discord is attempting to cultivate better relationships with Nintendo, Sony, and Microsoft as it aims to break $15 billion in company valuation.
With the extra precautions we’ve had to take in the recent year with regards to the COVID-19 pandemic, social and networking app and service Discord has taken on a much greater role in a lot of peoples’ lives. We here at Shacknews use it for most of our group livestreams and interviews and even in personal lives, most Discord users utilize the app to take part in a multitude of groups and events. Discord has grown rapidly, but founder and CEO Jason Citron has more in mind. The company is apparently talking to all major console manufacturers as it seeks to grow the use and availability of the Discord app on various platforms.
Jason Citron shared this bit of info in a recent interview with the Financial Times. At the core of the interview is that Citron is seeking to grow the valuation of Discord to $15 billion USD. Many will recall, that Microsoft was in talks to acquire Discord earlier in 2021. That would have been to the tune of $12 billion, but Discord backed out of the deal. A part of this may be the fact that Discord is aiming to cooperate with all the major consoles.
"We’ve been talking to all the console manufacturers,” Citron admitted during the interview.
Discord already has an app on Xbox and it reached a deal with Sony to develop a version of the social app for PS4 and PS5. However, that also means it could be trying to arrange something with Nintendo on the Switch. Nonetheless, with the pandemic forcing people into more online and remote interaction, Discord has also pushed to expand its appeal to more non-gamer groups. It developed a Clubhouse-style feature earlier this year with aim at creating its own space for large group events and launched a “Your Place to Talk” initiative to appeal to various groups outside gaming.
Even so, Discord has been great in the gaming space and more Discord on more major gaming platforms sounds like a winning proposition. If Discord can find its way to quality apps and service on Nintendo, Xbox, PlayStation, and PC? It just might be the undisputed king of social apps.
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replyTJ Denzer posted a new article, Discord 'talking to all the console manufacturers' as company chases $15bn valuation
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Discord estimates they have a $15B valuation, based on the trend of people moving away from "broadcast to everyone" social media to more limited sized communities (remember that MS had tried to buy them for $12B)
https://www.pcgamer.com/discord-worth-value-funding-sony-console/
So we're basically back to USENET? Okay... :)-
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IRC with a cloud backing.
I hooked up with a source port project recently that does all their chatting through IRC. I had to download an IRC client and remember how to use it to converse with them.
Something Discord has that IRC really lacks is the ability to see what the conversation was when you weren't logged on. -
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What is it for people who did?
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I just wish the platform was more security conscious. Their CDN hosts a lot of malware/ransomware.
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companies are valued based on their future prospects. If Discord has undermonetized its current users and has significant room for growth (in users and revenue per user) then why wouldn't they be highly valued?
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I do not find Discord to be a good source for historic information from users. It's a decent tool for one-way communications from the company directly to its community. But, since it's just a long form of responses and no threading, it's not practical to try to find info if you haven't been following it constantly. Call it new player syndrome. How can a new player of an older game step into Discord and catch up on all the useful info that's been shared over the past year. Search is useless like that.
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They added threading and pinning. I haven’t tried either.
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Pinning is definitely not sufficient, as you may have dozens of pins and have to go back and scroll through the context sometimes
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