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Discord IPO Could Come in Late 2021: Information for Investors

Investors are eagerly waiting for the anticipated Discord IPO. The company is one of the most anticipated IPOs of the year, and it could happen as soon as late 2021.
So, what’s the latest news on the anticipated Discord IPO? Here’s what we know…
Discord IPO: About the Business

Discord is a communication platform that enables chat, audio and video communication, file sharing and other features.
The company was founded in 2015 to solve a big problem: communicating with friends online while playing games. Founders Jason Citron and Stan Vishnevskiy shared a love of video games and the friendships and connections that came from …read more […]

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Welcome to the New “Post-Responsibility” Society

According to the Federal Reserve’s 2020 Survey of Household Economics and Decision Making, 26% of non-retired Americans have no retirement savings.
None. Zero. Zilch.
In fact, 35% of Americans said they would have difficulty covering an unexpected $400 expense.
This has brought on the predictable complaints about economic inequality, our “rigged” system and how capitalism is broken.
That’s Bravo Sierra. And you know it.
Let’s consider a few basic facts… always a good starting point.
In 2019, U.S. median household income reached a record $68,703.
Unemployment is declining. Wages are growing.
And, as the Federal Reserve recently reported, U.S. household net worth is also at a new all-time …read more […]

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What are Generally Accepted Accounting Principles (GAAP)?

When a public company issues a financial statement, everything needs to be clear and well-understood by everyone reading it. To ensure this, it’s paramount to have a baseline for reporting. That’s where Generally Accepted Accounting Principles (GAAP) come in. GAAP represents methods, rules and practices that provide guidelines and procedures—as well as objective standards—for financial data and statements. In short: GAAP standardizes accounting for all companies, so the data they’re reporting is universally understood and cross-comparable.
GAAP-compliance is a major implication for companies reporting financial information to shareholders. It’s mandated by the Securities and Exchange Commission (SEC) for all public …read more […]

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Arkk ETF Review – The Innovative ETF that Invests in Growth

If you think you missed out on the high-growth stock revolution of 2020, think again. This Arkk ETF review will take a deep dive into the innovative ETF that everyone is talking about since its explosive year in 2020.
The Ark Innovative ETF (NYSE: ARKK) outperformed in 2020, growing over 150% in 2020 alone. So far this year, ARKK stock hasn’t performed like a high-growth ETF should, being essentially flat year to date.
With investors now worried about macroeconomic factors like the Federal Reserve beginning to taper the purchase of assets, can the popular ARK ETF maintain its current pace of growth? …read more […]