Discord, the chat platform with over 200 million monthly users, is in the early stages of considering an initial public offering (IPO), The New York Times reported, citing sources familiar with the matter.
The discussions with investment bankers remain exploratory, and no final decision has been made.
A Discord spokesperson declined to comment on speculation but acknowledged ongoing interest in the company’s plans.
The San Francisco-based startup previously considered an IPO and turned down a $10 billion acquisition offer from Microsoft in 2021, opting to remain independent.
Discord, which was last valued at $14.7 billion following a $500 million funding round in 2021, is widely used in gaming and crypto communities.
It has also gained prominence in the artificial intelligence sector, hosting platforms like Midjourney for AI-powered image generation.