Discord is a privately-held technology company founded in 2015 by friends, Jason Citron and Stan Vishnevskiy. The company was originally created to facilitate user conversations in the online gaming community. Now, the application brings together 150 million active users around the world including clubs, communities, groups to connect on topics from exercise, leisure activities, art, and education, to simply hanging out and chatting online.
Discord provides communication services by voice, text and video and sets itself apart by not selling user data and relying on subscription fees rather than advertisement income. The company competes with Slack, Microsoft Teams, Skype, Telegram and others. Discord has acquired Ubiquity6, Blitz Esports, Gas, and Sentropy.
Discord stock is actively traded in the secondary market. Buy demand and sell interest peaked in the second quarter of 2023. In 2024 buy demand has outweighed sell interest in the fourth quarter of 2023 and the first half of 2024.
Discord increased 4.70% year to date and declined -9.80% in the last 12 months. Discord was up 0.83% in the second quarter of 2023 but fell -4.9% in the fourth quarter of 2023 and -5.9% in the first quarter of 2024.
Last Updated June 21, 2024
Discord is a venture-capital backed private company which has raised a total of $1 billion over 10 rounds. The company has issued common stock and Series A-I preferred shares. Its Series I funding round raised an estimated $499.9 million, its largest round to date. This round was over 3 times as large as any prior funding round.
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Yes. Discord is a private venture-backed company. Investors usually purchase preferred stock and employees typically receive common stock options or restricted stock units (RSUs) as part of their compensation.
Since it is not publicly listed, there is no Discord stock symbol or Discord ticker symbol assigned for Discord.
Private companies typically reserve a stock symbol up to two years prior to an IPO, and disclose this when they file a Form S-1 with the Security Exchange Commission when they start the IPO process.
If you own shares of a private company, it may be possible to find liquidity for your holdings before the company goes public. Finding the right private market broker can make all the difference as the best brokers can leverage deep industry relationships and negotiate on your behalf.
If you are interested in selling private stock you can reach out to Premier brokers for more information.
Private market transactions can be complex and may involve company approvals, legal purchase agreements and wires to third parties. Trades can take 30 - 60 days to complete which is why many investors work with experienced private market brokers to help guide the process.
Direct share transfers typically require issuer approvals. Issuers may exercise the right of first refusal (ROFR) in order to direct the seller to a buyer of their choosing.
Some issuers do not allow transactions. In these cases, buyers will need to purchase indirect interests in the business via special purpose vehicles (SPVs) or forward purchase contracts (forwards).
Discord stock does not trade publicly on Nasdaq or NYSE because it is still a private company. Discord stock might be available for purchase in the secondary markets, but Discord stock is not available for purchase by the general public, and can not be purchased through traditional brokerage accounts.
Only accredited investors and qualified purchasers can buy private stock. These investors buy pre-IPO stock in the secondary market from existing employees and investors.
To learn more about the market for Discord stock, talk to the best brokers on the planet.
Accredited investors can purchase shares in private companies like Discord. Investors can rely on Notice Premier Brokers to find supply and guide them through the trading process.
Because Discord is privately held, its stock is not available for purchase through public stock exchanges like the NYSE or Nasdaq. Retail investors can not access this stock via traditional brokerage accounts, and are not allowed to invest directly in Discord pre-IPO.
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