Will discord ever be profitable?

Meanwhile, Discord does not appear to be wildly profitable. That’s partly by design. The company relies mostly on optional premium subscriptions (the majority of features are available free) and has eschewed potentially more lucrative opportunities to sell ads or user data.

How much is discord make?

Discord generated $130M in revenue in 2020, up from $45M a year before.

Who is Discord owned by?

In January 2016, Discord raised an additional $20 million in funding including an investment from WarnerMedia (then TimeWarner). In 2019, WarnerMedia Investment Group was shutdown and acquired by AT&T, selling its equity.

Can Discord sell your info?

We don’t sell your data. Our business is based on subscriptions and paid products. We limit what information is required. We require the information that enables us to create your account, provide our services, meet our commitments to our users, and satisfy our legal requirements.

Will discord ever be profitable? – Related Questions

How much money does Discord make 2022?

Discord is a voice, video and text communication service to talk and hang out with your friends and communities. In 2022, Discord revenue run rate hit $130M in revenue.

How does Discord make money 2022?

Discord makes money by offering its users a paid subscription service as an enhancement for its core free product, and it also earns from games sold through the platform and on “boosting” servers.

How much money does Discord make from Nitro?

Nitro users, plus 40% of all users! According to estimates, more than 1 million users have subscribed to the Nitro service in 2020. As of July 2020, Discord was expected to generate $120 million from its paid service – Nitro.

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Who is the Discord CEO?

CEO/Co-Founder, Discord Inc.

Who is the first Discord user?

That kind of kicked the snowball off the top of the mountain.” One user, who goes by Vind on Discord, was among Discord’s earliest cohort of users. He and his Battlefield 4-playing friends ditched TeamSpeak for the app, right as they were also starting to do more than just talk about Battlefield.

Is Discord owned by Google?

Discord is still a privately held company, regardless of buyout talks with companies such as Microsoft. Stanislav Vishnevsky, the founder of the social gaming platform Guildwork, came together with Jason Citron to conceptualize Discord. Citron is the founder of the social gaming platform, OpenFeint.

How rich is the owner of Discord?

Jason Citron is worth an estimated $800 million. Most of his wealth comes from his stake in Discord, which is valued at $15 billion.

Why is Discord worth so much?

Discord makes money from premium subscriptions, fees from game sales and memberships, as well as server boosting. Founded in 2015 and headquartered in San Francisco, Discord has quickly risen to become one of the world’s most prominent chat apps.

What country is Discord based in?

Where is Discord ‘s headquarters? Discord is located in San Francisco, California, United States .

Who has invested in Discord?

Discord is funded by 31 investors. Arcane Group and Flat Capital are the most recent investors.

Investors.

Investor Name Dragoneer Investment Group
Lead Investor Yes
Funding Round Series H – Discord
Partners

How many employees does Discord have?

Discord is a medium technology company with 750 employees and an annual revenue of $5.3M that is headquartered in San Francisco, CA.

How many Discord users are there?

Discord Has 150 Million Monthly Active Users.

What gender uses Discord the most?

During the first quarter of 2022, over 65 percent of Discord users were men. By comparison, women using the communication and social media platform were less than 35 percent. During the second half of 2021, around 1.7 million accounts were removed from the platform due to community violations.

Who uses Discord the most?

The app is primarily targeting adults and gamers, which would put the expected average age around 30-33 as it is the average age of gamers. Discord does not advertise services for the 13-17 audience.

How much does Discord make per day?

The company reported a revenue of $130 million in 2020. Over 960 million messages are sent on the platform every day. Discord was valued at $7 billion in 2020 and is now on track for $15 billion by the end of 2021. There are over 19 million active servers on Discord every month.

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