Microsoft initially considered buying the popular chat and community platform for a figure north of $10 billion, but it wasn’t the only interested buyer. Per the Journal’s sources, Discord fielded conversations from at least three companies before entering exclusively into talks with Microsoft, meaning those other companies were SOL.
All of those talks are apparently off the table now, as Discord repositions itself for an initial public offering. The Wall Street Journal notes that “it is possible they could be rekindled in the future,” according to some of its sources.
In December, TechCrunch reported that Discord, which is used by more than 100 million people a month, whipped up an additional $100 million in funding, bringing its valuation to $7 billion—more than double what it was valued at six months prior.
When reached for comment by Kotaku, Microsoft didn’t immediately have any info to add. Discord declined to comment.