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Hope You Liked Discord, It’s Getting Sold for $10 Billion
Discord is going through a sales process now that could result in a purchase of the communications and chat platform for much more than $10 billion, GamesBeat has learned.Two sources familiar with the matter said that Discord is exploring its options for a sale in the wake of interest from multiple parties that want to buy the company. And one source said the company has signed an exclusive acquisition discussion with one party, meaning it is in final negotiations about a sale. This news comes after Discord raised $140 million in December at a $7 billion valuation (based on data found by Prime Unicorn Index).
I’m definitely concerned about…
- Who is buying Discord
- What they intend to do with it
I know, it’s the way tech goes, but gosh, I wish a tech company would just aim at being sustainable/profitable and not exiting as a Unicorn.
Update: Per Bloomberg, the suitor is Microsoft.
Monday March 22, 2021