Hello, tech enthusiasts! Exciting news ahead!

Discord, the popular chat platform boasting over 200 million monthly users, is currently in early-stage discussions regarding a potential IPO, as reported by the New York Times.

The discussions with investment banks are still in the exploratory phase, and plans may evolve, according to sources from NYT.

While there’s considerable interest in Discord’s future trajectory, the company has chosen not to comment on rumors or speculation, as stated by a spokesperson.

This isn’t the first time Discord has considered an IPO; back in 2021, they turned down a $10 billion acquisition offer from Microsoft.

Last valued at $14.7 billion during a $500 million fundraising round in 2021, Discord has become especially prominent in gaming and crypto communities.

Interestingly, it has also emerged as an essential platform for the AI boom, facilitating operations for companies like Midjourney.