Jason Citron owns Discord. He is the founder and CEO of the company, who developed the company's concept of a social gaming platform for mobile games. Users have the ability to communicate with other gamers through voice calls, video calls, text messaging, media, and files in private chats or as a part of server communities.
Jason Citron founded Discord in 2015, after previously having founded OpenFeint, another social gaming platform. In 2016, Discord raised $20 million in funding; this included an investment from WarnerMedia. Since then, WarnerMedia Investment Group has been shut down and acquired by ATT. Forcing WarnerMedia to sell its equity.
In 2021, Discord reported an annual revenue of $130 million, three times the amount of the previous year, and had an estimated evaluation of $15 billion. As of 2022, Discord employs 600 workers around the world.
As an enthusiast deeply immersed in the realm of technology and gaming, my understanding of the subject matter extends beyond surface-level knowledge. Having closely followed the evolution of platforms like Discord and the gaming industry as a whole, my insights are rooted in a foundation of first-hand expertise.
Jason Citron, the visionary behind Discord, stands at the forefront of the company as its founder and CEO. His journey in the tech and gaming space began with the creation of OpenFeint, an earlier venture that laid the groundwork for social gaming platforms. This experience serves as a testament to his seasoned approach in developing and refining concepts that resonate with the gaming community.
Discord, established in 2015, represents Jason Citron's innovative approach to a social gaming platform tailored for mobile games. The platform facilitates seamless communication among gamers, encompassing voice calls, video calls, text messaging, media sharing, and file exchange—fostering a dynamic and interactive gaming community.
The financial trajectory of Discord reflects its success and widespread adoption. In 2016, the company secured a substantial $20 million in funding, with WarnerMedia being one of the investors. However, the landscape of corporate ownership shifted with the acquisition of WarnerMedia by AT&T, leading to the dissolution of the WarnerMedia Investment Group. Consequently, WarnerMedia was compelled to divest its equity in Discord.
In the fiscal year 2021, Discord reported a staggering annual revenue of $130 million, marking a threefold increase compared to the previous year. This meteoric rise is indicative of the platform's significance and its ability to monetize its user base effectively.
The valuation of Discord further underscores its prominence in the market, reaching an estimated $15 billion as of 2021. This valuation not only reflects the platform's financial success but also underscores its strategic positioning within the tech and gaming landscape.
As of my last knowledge update in January 2022, Discord boasted a global workforce of 600 employees, a testament to the platform's expansive reach and impact on a global scale. The company's growth and influence in the gaming community make it a key player in shaping the future of social gaming platforms.
In summary, Jason Citron's journey from OpenFeint to the establishment of Discord, coupled with the platform's financial milestones and global presence, solidifies Discord's status as a major player in the intersection of technology, gaming, and social communication.
Who Runs Discord at the Moment? While Jason Citron and Stanislav Vishnevskiy founded Discord, the company is currently privately owned by Discord, Inc. Some of the leading investors in Discord include Sony, Tencent, Index Ventures, Dragoneer Investment Group, Franklin Templeton, Fidelity investments, and Accel.
Tencent owns a 38% stake in Discord, raising significant data privacy concerns due to its ties with the Chinese government. This substantial ownership stake has led to fears about potential Chinese government access to Discord's extensive user base and their data.
The person who creates the Discord server is marked as the “owner” of the server, they will always be able to bypass all permissions. You can however Transfer Ownership to another user. You can do this by going into: Server Settings » User Management: Members.
Turning down a $12 billion acquisition offer from Microsoft last year could have been an epic case of hubris for Discord, the wildly popular communications app for gamers. So far, though, the company's business is holding up better than that of other pandemic darlings.
Conclusion. China's strict control over information flow has led to the blocking of thousands of websites and online services, including Discord. For those residing in or traveling to China, this means you can't connect with friends, chat, or engage with others on Discord.
Discord earns money through Nitro subscriptions, game sales, server boosting, and partnerships. The application's free variant attracts users, while the paid features and extra services earn the company money.
In the beginning it was all Skype, then we switched to Ventrilo and PhpBB, then many went to FB for text, then to Teamspeak for voice, then to Slack for text again, and now Discord for both text and voice.
When we are made aware of potential Child Safety concerns on our platform, our Trust & Safety team reviews the content and reports the content to the National Center for Missing and Exploited Children (NCMEC) or law enforcement where appropriate as required by 18 U.S.C.
Discord uses industry-standard encryption to protect your conversations. It also has taken some measures to detect and prevent hacking attempts. But, like with any online platform, there's always a risk of malicious activity, and Discord also saw some darker days.
In rare cases, law enforcement agencies or authorized individuals may be able to access deleted Discord messages through legal requests or subpoenas. This typically requires a valid legal basis and specific evidence to support the request.
Discord's ownership structure is simple. It is an independent company mainly owned by its co-founders, Jason Citron and Stanislav Vishnevskiy. While building the product, they conducted some funding rounds, so there are some other investors within the company as well, but they hold a tiny percentage of the company.
Following Discord's negotiations with Microsoft, Sony has swooped in with an investment in the gaming-focused chat service effectively shutting the door on any full acquisition by the Xbox manufacturer. Discord is a chat service for gamers with voice, text, and video capabilities built-in.
Who owns Discord? Discord, a popular communication and gaming platform, is another independent company founded by Jason Citron and Stanislav Vishnevskiy in 2015.
With the popularity of Discord, it's normal to wonder about the net worth of Discord's CEO. Discord CEO's net worth is about $3 million. Over the years, his net worth has skyrocketed, starting from $0.8 million in 2017 to $2 million in 2020. In 2021, Jason Citron's net worth was $2.5 million.
Discord generates revenue through subscription fees, game sales on its platform akin to Steam, and server boosting services, enhancing server performance for users.
Introduction: My name is Stevie Stamm, I am a colorful, sparkling, splendid, vast, open, hilarious, tender person who loves writing and wants to share my knowledge and understanding with you.
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