In an apparent effort to boost revenues, gaming social media startup Discord plans to implement ads into its free service. The step is expected in the coming days after 9 years of ad-free experience.
I don’t think people on this sub use it, but it’s great news for us. The worse it gets the likelier people move on.
Every info seems to point that Discord hasn’t had a single year with positive profit. Here’s one of the sources
Discord isn’t in dire financial straits, though it has yet to become profitable
Discord has raised a total of about $1 billion in funding. It has more than $700 million in cash on its balance sheet and the goal to become profitable this year, according to a person familiar with the matter.
Revenue alone doesn’t mean much, how much was profit?
Tried to find net, didn’t find a lot of info on it but I also didn’t try very hard. If anyone finds I’m very curious what it is.
They’re not public anyone who’s seen it has signed an nda.
Every info seems to point that Discord hasn’t had a single year with positive profit. Here’s one of the sources
Source