I mentioned Discord a few times as a company that started

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I mentioned Discord a few times as a company that started off with little revenue but an incredibly high valuation. Just one example.

What is Discord?

Discord is an American VoIP, instant messaging and digital distribution platform designed for creating communities. Users communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called "servers."

In 2017, they were valued at 160 times revenue of $10M

Wouldn't you've wanted to get in on that action?

You couldn't. Private company.

Why were they valued so high?

Potential...

As they grew and took in more revenue the valuation dropped to 30x

That's what happens as companies mature

When you really can consider getting in is before that happens

To make the math simple, if Verb revenues are $10M today and they lay out of plan of world domination

It's not to hard to rub your eyes and imagine a high valuation

If somehow it was 160x when you woke up one day?

You figure out the rest. Do your own DD.

Discord Revenue
2016 $5 million
2017 $10 million
2018 $30 million
2019 $70 million
2020 $120 million

Discord Valuation
2017 $1.6 billion
2018 $2.0 billion
2020 $3.5 billion

https://www.businessofapps.com/data/discord-statistics/

More detail and further back...

https://www.vcexperts.com/prime_unicorn_compa...17a8ce.pdf


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