I mentioned Discord a few times as a company that
Post# of 32626
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