really? they plan on making more than $12 billion "eventually"? after "going public"? a company that basically just "sells" a "free service"? do they expect millions of people to pay $100 a year to have prettier emojis?
You can always start the same thing all over again
No you cannot. Or at least you cannot and be as profitable. All your base went with the thing you just sold. If you create the exact same thing, your base is established in the thing you just sold off. So unless you bring something new to the table, your base isn't coming to your new thing. Yahoo, Apple, Microsoft, and Google have all bought out small players and those small players moved on to something completely different or just was one and done with it altogether. Yahoo bought out Astrid, Microso
They are NOT currently profitable though. Discords entire REVENUE in 2020 was only $130 million (note that is revenue not profit). They have had exponential growth but it is still very high risk as to whether they can turn the business into a profit making one without destroying the business.
really (Score:5, Interesting)
really?
they plan on making more than $12 billion "eventually"? after "going public"? a company that basically just "sells" a "free service"?
do they expect millions of people to pay $100 a year to have prettier emojis?
I honestly don't understand this.
Re: (Score:2)
Re: (Score:5, Insightful)
You can always start the same thing all over again
No you cannot. Or at least you cannot and be as profitable. All your base went with the thing you just sold. If you create the exact same thing, your base is established in the thing you just sold off. So unless you bring something new to the table, your base isn't coming to your new thing. Yahoo, Apple, Microsoft, and Google have all bought out small players and those small players moved on to something completely different or just was one and done with it altogether. Yahoo bought out Astrid, Microso
Re: (Score:4, Informative)
Re: (Score:2)
That is WSJ estimate. There is no reliable public data on how well Discord is doing, as company is private and doesn't publish financials.
Re: really (Score:1)
If anyone looked at D&B's modeled 2021 estimate for Discord Inc, you'd see a much lower sales amount.
Re: really (Score:2)
Discord stopped doing game sales something like a year ago I believe, when the entire thing failed.
Or are you talking about them renting server boosts?