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DISCORD BUSINESS MODEL

Decoded: How does Discord Make Money?

Citron received his first investment for his idea of the Discord business model from Benchmark Capital who also invested in his previous startup OpenFeint. When OpenFeint was sold to GREE, Citron’s company Hammer & Chisel received the first round of investment from Benchmark Capital & a few others to which Jason Citron is forever grateful. This initial investment was reportedly around $8.2 million.
Soon after its launch in 2015, the Discord managed to generate funds through a series of investments. The first major breakthrough came in January 2016 when they officially answered the unanswered question of how Discord is earning with an announcement that they have raised $20 million from people who helped massive companies like Riot, Snapchat & Twitter. This investment helped them incorporate the video chat & screen sharing features which were widely anticipated.
DISCORD BUSINESS MODEL
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DISCORD BUSINESS MODEL

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