IPO

Companies Going Public in 2021: Visualizing IPO Valuations

Can I share this graphic?Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license?Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options. Interested in this piece?Click here to license this visualization. ▼ Use This Visualization Companies Going Public in 2021: Visualizing Valuations The beginning of the year has been a productive one for global markets, and

Singularity 6 raises $30M to fund upcoming fantasy ‘community simulation’ MMO

LA-based game studio Singularity 6 has banked more funding as it scales itself up and readies for the launch of its debut title. The startup tells TechCrunch they’ve raised $30 million in a Series B bout of funding led by FunPlus Ventures with additional participation from Andreessen Horowitz (a16z), LVP, Transcend, Anthos Capital and Mitch Lasky. The studio has now disclosed some $49 million in funding, a sizable sum, but one that showcases how much investors are looking to rally around gaming platform plays in the wake of Roblox’s monster

Discord tests monetized audio events, introduces ‘Discovery’ feature

Discord introduced a new medium for audio events called “Stage Channels” earlier this year. And soon, people will be able to monetize those events by selling tickets to them. There isn’t much of a limit to what these Stage Channels can be. From meet-and-greets to classes and more, these audio events are limited only by your imagination.  Selling tickets for these events is still being tested in a private beta. But for now, Discord is preparing for the new feature with a way to find new communities and events through

Sony announces investment and partnership with Discord to bring the chat app to PlayStation

Sony and Discord have announced a partnership that will integrate the latter’s popular gaming-focused chat app with PlayStation’s own built-in social tools. It’s a big move and a fairly surprising one given how recently acquisition talks were in the air — Sony appears to have offered a better deal than Microsoft, taking an undisclosed minority stake in the company ahead of a rumored IPO. The exact nature of the partnership is not expressed in the brief announcement post. The closest we come to hearing what will actually happen is that

The Esports Bubble: Fact or Fiction?

Top GamesThe 2020 League of Legends Worlds Finals | Photo courtesy of Riot GamesMany experts in the esports industry have been debating whether the esports market has evolved into a bubble. With money pouring into esports and related companies at a rapid and increasing rate, some have begun to question whether these investments are justified. Are these investments sustainable? Are the majority of companies overvalued? Are investors sticking to fundamentals when evaluating their opportunities, or are they simply speculating and gambling on a get-rich-quick scheme? Is the market bound to collapse?

Yoshinori Ono Appointed President and COO of Delightworks

The former Street Fighter producer heads to mobile games. Today, Delightworks announced on its website that it has appointed Yoshinori Ono, longtime former Capcom developer and Street Fighter producer, as its new president and COO as of May 1st (via Gematsu). Akihito Shouji, Delightworks’ founder and current president, will become the company’s chairman and chief executive officer (CEO) on the same day. The move marks the end of Ono’s 30 year career at Capcom, where he served as the producer of Street Fighter for over a decade. In Ono’s time

Report: Discord Ends Talks With Microsoft

Negotiations between Microsoft and Discord to acquire the voice and community chat platform have ended, according to several reports. In March, it was reported that Discord was in talks with Microsoft and other companies to sell the popular chat platform, but according to reports from both Bloomberg and the Wall Street Journal, all deals to sell are off the table. According to Bloomberg, Discord rejected a $12B USD offer from Microsoft, according to “people familiar with the matter.” Discord will now focus its efforts on an IPO. Discord is a

Discord Ends Talks With Microsoft, Likely To Pursue IPO

Last month we reported Microsoft was in talks with Chat startup, Discord Inc. to acquire the latter for a deal worth more than $10 Billion. But, as per a new report by WSJ, Discord has ended the talks with Microsoft and has decided to remain independent. The chat platform has decided to build upon its platform and further monetize its userbase that has grown significantly during the pandemic. Discord Inc. also plans to go public and launch its IPO later. Although the sources claim that the plans for IPO are