Discord raises $150M, surpassing $2B valuation
I&#x27;m bearish on Discord. Unlike Slack, it targets a price-averse demographic and is attempting to enter spaces that are very saturated (Steam, Origin, Epic, Ubisoft are already crushing the digital distribution medium), so then it&#x27;s basically an IRC replacement for gamers.<p>I understand Slack&#x27;s valuation as it targets huge companies with up to decades-long contracts and has projected revenues &gt; $1B for this year, but I just don&#x27;t see Discord making money the same way. I use it daily with my friends, but none of us have Nitro (although the features are pretty neat). The only way I see it moving to profitability is doing targeted ads (which will significantly hinder user experience).<p>I see it going the way of Xfire[1].<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Xfire" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Xfire</a>