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Discord (DISCA) is a publicly-traded company that operates a popular communication platform for gaming and other online communities. The company went public through a direct listing on the NYSE in September 2021, with an initial public offering (IPO) price of $28.50 per share.

As of February 2023, Discord has a market capitalization of around $20 billion and has seen significant growth since its IPO. The company's revenue for the most recent quarter was $140 million, representing a 35% increase year-over-year.

Discord's platform has more than 150 million monthly active users (MAUs) and over 19 million active servers. The company has been successful in monetizing its platform through the sale of Nitro, a subscription service that provides additional features to users. Nitro generated $70 million in revenue for the company in the most recent quarter.

In terms of growth potential, Discord is well-positioned to continue expanding its user base and revenue, particularly as the demand for online communities and remote work tools increases. The company is also exploring opportunities in the areas of video and e-commerce, which could further drive growth.

However, it's worth noting that Discord faces competition from other communication platforms, such as Slack and Microsoft Teams, as well as gaming-focused platforms such as Twitch. As a result, the company will need to continue to innovate and differentiate itself in order to maintain its market position.

Overall, Discord is a strong addition to the US stock exchange, with solid fundamentals and a positive outlook for growth. Investors looking for exposure to the rapidly growing digital communication and gaming industries may want to consider adding DISCA to their portfolios.