How to buy Discord stocks (2024): how to invest in Discord?

Do you want to invest in Discord shares? Well, you’ve come to the right place! Keep reading to find out how to buy Discord stocks!

How to buy Discord shares?

Discord is not publicly listed at the time of writing, but the IPO is imminent. You can set up an account with one of the following brokers to buy Discord shares as soon the company goes public:

BrokersBenefitsRegister
eToro buy stocksBuy Discord without commissions. Your capital is at risk. Other fees may apply.
Plus500 trade stocksSpeculate with CFD's on increasing & decreasing prices of Discord! 82% of retail CFD accounts lose money.
DEGIRO buy sharesBenefit from low fees, an innovative platform & high security!
Avatrade buy sharesSpeculate on price increases and decreases of Discord with a free demo!

Did you know that you can also invest in Discord by buying stocks of companies that have invested in the company? For example, the following companies have invested in Discord and therefore co-owners:

  • Sony: a well-known Japanese company in the entertainment sector.
  • Tencent: one of the largest social media companies in China.

Keep in mind that by investing in these companies, you are not directly investing in Discord. It is therefore important to investigate the other business activities as well. If Discord performs well, but the other businesses owned by these companies perform poorly, the share price may still fall.

About Discord

Discord is an online platform designed for gamers to communicate. Although this was its original purpose, today the platform offers all kinds of communities.

Discord was founded in 2015 by Jason Citron and Stanislav Vishnevskiy as an alternative to voice chat and messaging games. After several rounds of funding, the company has raised billions and is ready for the IPO. The IPO is expected to take place in 2023: so be sure to create an account with a reliable broker, so you are ready to buy the stock once it goes public.

How does Discord make money?

The company makes money by offering additional services. For example, users can pay for memberships, virtual stickers and other add-ons. In the second quarter of 2022, Discord generated over $28 million in revenue.

What is Discord’s stock price & stock price forecast?

It is difficult to make predictions about Discord’s share price right now. When the shares are listed on the stock exchange, you can see the latest stock price here.

Why might it be smart to buy Discord stocks?

Discord can be an attractive investment because of the users involved. Over 150 million users are active on the platform.

These users value Discord for its high level of flexibility. Within each community, everything can be customized: from the emojis to the user roles. This allows the platform to be used for all kinds of communities, which makes it very user-friendly.

What are the risks of investing in Discord?

Competition is a big risk for Discord’s stocks. Discord competes with other communication applications such as Skype & Slack and social networks such as Facebook and TikTok.

Another problem is moderating content. Discord is widely used for spreading fake news and hate speech. When Discord fails to deal with this, it can put off investors.

Discord also still needs to become profitable: it will therefore be a challenge for Discord to find attractive revenue models.

Is it smart to buy Discord shares?

Many people ask me whether it is smart to buy Discord stocks. Due to the large number of users, Discord certainly has potential as an investment, but it is important to consider whether the risks and potential returns are balanced.

Author

Alex Mostert Avatar
About

When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.

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