Discord Said to be Mulling Direct Listing

Discord, a social communications platform that is particularly popular with gamers, is interviewing investment bankers about going public as soon as this year, Bloomberg reports, citing people familiar with the matter.

Because the chat app is well-capitalized and has the brand recognition needed to bypass traditional investment pitches, Discord is considering a direct listing, said the people, who asked not to be identified because the information was private. The company hasn’t made a final decision, though, and could still pick an initial public offering, the people said. The public debut could also slip to next year, they added. Read more.

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