The two C-suiters' experience at public companies is the latest indication that Discord intends to go public soon.
With a public offering seeming likely, Discord is beefing up its board of directors, adding a former Netflix executive and another from Block, the company formerly known as Square.
Joining Discord’s directors are Leslie Kilgore, Netflix’s ex-chief marketing officer, and Amrita Ahuja, Block’s chief financial officer. The pair have “incredible experience building and advising world-class companies,” says Discord CEO and founder Jason Citron. Six-year-old Discord has reached the lifestage for a startup when it must decide whether to continue taking large amounts of private capital, which can mean increasingly less equity for founders and early executives and shareolders, or head for the public market. Discord has raised over $1 billion in total—most recently scoring a $14 billion valuation last fall—from investors like Benchmark, Greylock Partners and Index Ventures.
Another sign a startup is mulling an IPO: bringing on executives like Kilgore and Ahuja, both with experience at public companies. At Netflix, Kilgore helped in the streamer’s earliest digital subscriptions push, working there from 2000 to 2012, a time when its users grew from 100,000 to over 26 million. And before Block, Ahuja worked as a CFO within Activision Blizzard.over the last 18 months, seeking to change its reputation as a chat app for gamers.
“Discord is reimagining the way people come together and find community online,” says Ahuja. “I’m excited to work alongside Jason and the Discord team at this time of innovation and rapid growth for the company."
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