Discord is currently being watched by investors and gamers as there is speculation about the possibility of the video game chat company going public through an initial public offering (IPO).
CEO Jason Citron acknowledged that an IPO could be a potential option in the future, but at present, the company is primarily focused on enhancing the product and its operations.
Even though there were discussions with banks about a potential IPO, Citron emphasized that their main priority is continuing to provide users with a great platform for social interaction and gaming.
Citron reflected on his journey from being a game designer to heading a platform that connects millions of individuals through virtual chat.
Discord has experienced a significant increase in monthly and daily active users since mid-2021, attributing the growth partly to robust expansion in the video game industry.
Despite previous acquisition talks with Microsoft falling through, it demonstrated the strength of Discord's product, which has evolved over six years.
Citron highlighted Discord's main business as a consumer subscription service, emphasizing the importance of providing value to users in exchange for subscription fees.
To enhance user experience, Discord is continuously investing in its Nitro subscription service and introducing new developer tools like the Discord Social SDK.