Sources claim that Discord has rejected Microsoft's buyout offer

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Whispers throughout the industry have been pointing towards a possible buyout of the popular text and voice chat program Discord. Considered as a modern Skype for gamers, the app was valued at $7 billion dollars, and for the past week, its creators have been in talks with Microsoft about a possible acquisition. Microsoft reportedly offered $10 billion dollars, but it appears that Hammer and Chisel--the startup company behind Discord--have chosen to decline the buyout, and will continue on independently. According to insiders, there were other companies interested in buying Discord besides just Microsoft--supposedly Amazon and Epic Games--but those bids have also been turned down.

For now, it appears that Discord, which has around 140 million users monthly, may go public with an IPO, as they've hired a financial chief to assist with their future plans. Meanwhile, Microsoft could be eyeing up yet another purchase in the form of Square Enix. Nothing is concrete, but the Japanese company is rumored to be looking for possible buyers.

:arrow: Source
 

HideoKojima

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As per the news from the stock market, they planning to go for an
IPO to raise the money. Could be a good buy if one knows when to sell, there are many IPO patterns so could be similar to latest ones.
 

HarvHouHacker

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God knows, I didn't want Microsoft to buy Discord in the first place. Thank God it didn't go through. Now Discord can remain an independent company for a little while longer, instead of being part of a big tech conglomerate.

For this, I say to anyone who has a Discord account and a little cash to spend... get Nitro and boost your favorite server(s) today! :D
 
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