Discord Stock Price, Symbol: How to Invest in Discord IPO?

Discord is an instant messaging software that has over 200 million active users and more than 650 million registered accounts.The company gained significant market share during the COVID-19 pandemic and has since become a staple platform for gamers and crypto users alike. The company enjoyed a 750% gain in its quarterly revenue between Q1 2020 and Q1 2023. However, the company's revenue growth is constrained due to most of the app's features being free.Unfortunately for investors who are seeking to gain exposure to Discord, the company remains a fully private entity. However, Discord has reportedly been planning its IPO date for the past two years and may be waiting for more favorable market conditions before it makes its shares available on the stock market.Here is everything that investors need to know about the upcoming Discord IPO date.Key highlights:Discord gained major traction during the COVID-19 pandemic and now serves over 200 million active users.Despite a 750% revenue surge between 2020 and 2023, its growth is limited by a freemium model.The company remains private for now, though an IPO has been rumored for the past two years.Fidelity and other major investors already hold shares, suggesting public access may be on the horizon.About DiscordDiscord evolved from a failing gaming platform into one of the most popular instant messaging software in the world. Jason Citron, the company’s founder, made the decision to strip his new game down to the bare bones after it struggled to attract new players and pivoted to a real-time communication platform instead.The company that created Discord, Hammer & Chisel, was a game development studio. Discord found a strong product-market fit by connecting gamers together in more ways than ever before, enabling smooth instant messaging and lossless voice chat so that players could collaborate better in multiplayer titles.At the time, Citron had noticed that existing voice chat services such as Skype would frequently lag. This caused major problems for the user experience in the context of gaming, where it’s important that team members are in sync with the gameplay experience.After gaining initial traction in the gaming community, Discord eventually started to expand to other industries. One major example is that crypto companies often connect their token holders in Discord chats, helping to bring the decentralized user base together into a central chatroom for discussion.The COVID-19 pandemic in 2020 helped Discord to gain market share and the crypto bull market of 2021 drove even more users to the platform. Microsoft had also opened discussions to buy Discord for $10 billion in early 2021, but Discord later reported that discussions were off the table.As things stand, Discord remains in the control of its founding members as a fully private company. In September 2021, Discord received $500 million in an investment round that was led by Dragoneer Investment Group, and the company reportedly had a $15 billion valuation at that time. Quarterly Discord revenue from in-app purchases, showing rapid adoption between 2020 and 2021. Image via Statista.How to invest in Discord?At the moment, Discord is a private company. However, there are rumors circulating that there may be a Discord IPO date announced soon. Discord is expected to open itself up to public investment on the stock market in 2025, but this has yet to be confirmed by the company.With a Discord IPO expected in the near future, there are several ways that investors can prepare. Discord shares will likely be available on either the NYSE or NASDAQ after the IPO, so investors will be able to gain investment exposure through a standard brokerage account.Investors may also be able to participate in the IPO itself by creating an account with a major broker. Fidelity could be a good option, as the company already owns Discord stock after a private investment.For now, the best way to invest in Discord is to invest in the ARK Venture Fund. The investment firm, led by Cathie Wood, made an investment in Discord in November 2022, and is currently representing 2.24% of the fund's holdings.Will there be a Discord IPO?The Discord IPO date was initially expected for 2022, but was pushed back to 2023 due to market conditions. It is widely believed that Discord will be announcing an official IPO date soon, and there will be multiple ways to gain exposure to the company if and when this happens.How to invest in Discord FAQsIs Discord on the stock market?Discord is not currently available on the stock market. The company has hosted several private investment rounds and has a variety of shareholders at major investment firms, but the public is not currently able to trade Discord stock on the open market.Who owns Discord now?Discord remains in the control of its founding members, with co-founders Jason Citron and Stanislav Vishnevskiy thought to own a significant share between them. Other major stakeholders include Fidelity, Dragoneer Investment Group, Baillie Gifford, and Sony.When is the Discord IPO date?The Discord IPO date is expected to be announced in the near future, however, this remains conjecture at this point in time. Discord was planning on announcing its IPO date for 2022, but later pushed back the announcement to 2023. That ship has obviously sailed, and Discord hasn't made any new announcements regarding a potential IPO. Despite this, many investors remain hopeful.The bottom lineDespite not being available on the stock market at this moment in time, Discord is reportedly planning on launching its IPO soon. There are several ways that investors can prepare for a Discord IPO date, including by setting up a brokerage account at a firm that already has Discord exposure, Fidelity.Fidelity is able to provide its customers with access to IPOs. Since it also has a stake in Discord, setting up a brokerage account with Fidelity may be the best way to prepare for the Discord IPO date, as it could give investors pre-IPO access.You can learn more about how to invest in successful private companies by checking out our articles on:How to invest in TwitchHow to invest in OnlyFansHow to invest in SubwayHow to invest in MinecraftHow to invest in AldiHow to invest in CargillHow to invest in IKEAHow to invest in HuaweiHow to invest in DeloitteHow to invest in Burger KingHow to invest in SpaceXHow to invest in StarlinkHow to invest in WhatsAppHow to invest in InstagramHow to invest in YouTube