What are some of Discord's business milestones?

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While Discord’s registered user base is likely to grow, direct revenues could decline in the coming years. This is because the platform offers a large percentage of its features (video communication, text, and VoIP) for free.

The company collects revenue from the user subscription annual packages. These are:

Basic: Available for $29.99
Classic: Available for $49.99
Standard: Available for $99.99
All of these packages come with perks like HD streaming, server boosters, and personalized emojis. cyprus phone number data The company’s total revenue from premium membership subscriptions in 2022 was $220 million.

During the first quarter of 2023, the company's revenue was $55 million, which was a decrease from the previous year. Discord uses its revenue to invest in new features and improve the platform to maintain its top position in the industry.


Founding and Launch: Discord was founded in 2015 by Jason Citron and Stan Vishnevskiy. And in the same year, it launched its beta version;
Series A Funding: In January 2016, Discord raised $8.2 million in a Series A funding round led by Index Ventures, with participation from other prominent investors;
Series B Funding: In February 2017, Discord raised $20 million in a Series B funding round led by Greylock Partners, with participation from other investors;
Nitro Subscription: In January 2017, Discord launched its Nitro subscription service, which offered premium features like animated emojis, custom profile badges, and higher upload limits;