The document discusses the communication platform Discord. It provides background on Discord's founder and timeline, including being founded in 2015. It discusses Discord's financials, showing growth in monthly active users from 2016-2020. Discord is currently valued at $3.5 billion after raising $380 million total in funding. The business model includes a free service with optional subscription and merchandising. Leadership includes CEO and co-founder Jason Citron and CTO and co-founder Stan Vishnevskiy. The document predicts Discord's continued success and potential sale in the future.

1. By: Eric Wu (ehwu)

2. Problem and Product

4. Persona
Charlie, 15 Years Old
Enjoys playing games
online with friends
Desires a way to
communicate during the
games as well as make
plans to play

5. Financials
2016 2018 2019 2020
100
75
50
25
0
Monthly Active Users (millions)

6. More Financials
Currently valued at $3.5 billion
$380 million total in funding

7. Business Model
Free to use with no in-app
advertisements
Subscription Service: Discord Nitro
$9.99 per month / $99.99 per year
Merchandising

8. History
2011 - Jason Citron sells OpenFeint to GREE for $104
million
2012 - Citron founds Hammer and Chisel Inc. (later
Discord, Inc.)
2014 - Hammer and Chisel releases Fates Forever

9. 2015 - Discord released
2018 - Raises $150 million in funding at $2 billion
valuation
2018 - Xbox live support released
June 2020 - Motto changed from "Chat for Gamers"
to "Chat for Communities and Friends"

10. Leadership
Jason Citron, Co-Founder/CEO Stan Vishnevskiy, Co-Founder/CTO

11. What's Hot
New mainstream focus
Capacity and reliability
improvements
Improved safety/moderation
Past controversies

12. Secret Sauce
Relative ease of use
Lightweight nature
Marketing

13. Free
Competition
*
User-Friendly UI
Low Bandwith Usage
Voice Chat Rooms

14. Prediction
Continued Success
Potential Sale

15. https://www.businessofapps.com/data/discord-statistics/
https://www.crunchbase.com/organization/discord/company_financials
https://discord.com/nitro
https://www.feedough.com/how-does-discord-make-money-discord-business-
model/
https://en.wikipedia.org/wiki/Discord_(software)
https://www.thegamer.com/discord-shifting-focus-from-gaming-centric-
platform/
https://www.gamingscan.com/discord-vs-skype-for-gaming/
https://www.linkedin.com/in/svishnevskiy/
https://www.theverge.com/2018/8/7/17660308/white-supremacists-
charlottesville-rally-discord-plan

16. Questions?