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Image: Discord
It was reported last month that Microsoft was in talks to buy popular voice, video, and text chat app maker Discord for more than $10 billion. A report published by The Wall Street Journal today suggests that those discussions have fallen through, however—apparently, Discord has opted to distance itself from a potential acquisition and is leaning toward an initial public offering instead as an attempt to raise even more capital. Discord’s valuation is already estimated to be around $7 billion; the company managed to score an additional $100 million in funding last year.
Discord has walked away from sale talks with Microsoft and other suitors, people familiar with the matter say. The chat startup is now eyeing a potential IPO...
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