Discord prepares for IPO amid increasing revenue pressure

Discord, a prominent communications platform primarily used for gaming, is in the process of preparing for an initial public offering (IPO) as soon as this year. The company has been collaborating with major financial institutions, including Goldman Sachs and JP Morgan Chase, to facilitate this transition. The discussions surrounding the IPO have emerged following recent reports indicating that Discord has previously considered direct listing options as early as 2022. However, the decision has shifted toward a traditional IPO model, reflecting the company’s strategic approach to navigating the public markets. Founded in 2015, Discord started as a platform designed to enhance communication among gamers, initially focusing on in-game voice chat. Over the years, it has transformed into a versatile tool, accommodating not only gaming-related discussions but also a wide range of community activities, from art collaborations to professional projects. Currently, more than 90 percent of its usage remains tied to gaming, but it has evolved features similar to platforms like Slack, providing robust functionalities for community management and coordination beyond gaming. As Discord approaches its IPO, the company faces new financial pressures that may lead to adjustments in its longstanding policies, particularly its previously cherished