AV Private Market Data: Discord Edition.

Weekly Edition & Stock Spotlight

January 26, 2024

Hill Chart Shape

ApeVue50 Index & Sectors 1Y Performance

Most Active Names Performance

* Price (USD) estimated based on secondary market activity observed by ApeVue. Valuation is estimated based on said price and share count from state filings and/or news in the public domain. Note that share count in calculations may change as new filing documents are obtained.

ApeVue50 Privates versus Public Benchmarks/ETFs

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Stock Spotlight - Discord
Sectors

Entertainment Social

Headquarters
San Francisco, California, USA
CEO
Jason Citron

Discord is an online instant voice, video, and text messaging platform. The platform currently helps over 150 million monthly active users find the communities they belong to and socialize. The product was primarily used by gamer communities but extended its reach from study groups to hiking clubs.

Discord offers its core services of text, voice, and video communication for free, attracting a large user base; it monetizes through Discord Nitro subscriptions, which provide premium features like enhanced customization, high-quality video, and global emoji access.

The company has recently announced that they are laying off 17% of its staff, affecting 170 employees globally. Their CEO Jason Citron cited rapid expansion and decreased operational efficiency as reasons. They also laid off 4% of their workforce in August. Click here to see more.

Discord's Financial Data

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Discord 1Y

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Discord 90D

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Discord 30D

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Series I Valuation

<span class="date">2021-09-09</span>
<span class="value">$15B</span>

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Implied Valuation

<span class="date">2024-01-27</span>
<span class="value">$5.77B</span>

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Change Since Last Round

<span class="date">2021-09-09 → 2024-01-27</span>

<span class="value red">-61.57%</span>

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Funding Round in USD

ApeVue’s ‘Data Room’

Highest Change in Total Volume

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ApeVue highlights ten companies with highest increase and decrease in total volume (Bid/Ask/Trade) from the average 30day windows out to 180days to the most recent 30day in percent.

Anthropic had the highest increase in volume at 216% from ~$187M to ~$591M.

Placier.ai had the highest decrease in volume at

88% from ~$17M to ~$2M.

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Volatility of AV’s Price

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ApeVue highlights volatility of ApeVue’s composite price on 2024-01-22 for ten companies selected based on changes in total volume:

  • Among the selected companies, Anthropic had the highest volatility at 51% followed by Netskope at 38%.
  • Conversely, Scale.ai and Anduril had 9% volatility, and Arctic wolf had the lowest volatility at 8%.

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30D Change in AV’s Price

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Among the same set of companies AV’s composite price has increased the most for Placer.ai by 19%

from $4.63 on 2023-12-24 to $5.49 on 2024-01-22 and decreased the most for Anthropic by 34% from $57.39 on 2023-12-24 to $37.94 on 2024-01-22.

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