Every day, over 2.5 million new users sign up for Telegram, and earlier this year we’ve surpassed 800 million monthly active users. We are happy and grateful, even though this massive growth also means higher expenses on storage and traffic to serve our users.
Luckily, Telegram is super efficient when it comes to expenses and we had a great start with monetization last year. While not yet profitable (which would be impossible to reach on just the second year of monetization), Telegram is closer to profitability in absolute numbers than its competitors such as Twitter and Snap.
To fund Telegram’s continued growth until we reach the break-even point, this week we issued around $270 million worth of Telegram bonds as a tap of our existing bonds. Once again we've been lucky to have the participation of well-known funds with stellar reputations.
I personally bought about a quarter of the new Telegram bonds, investing tens of millions into Telegram’s growth. This comes in addition to the hundreds of millions I spent over the last 10 years to keep Telegram operational.
Some people suggested I should have instead bought a house or a jet. But I prefer to stay focused on my work, without “owning” anything (well, apart from Telegram, some Bitcoin and some Toncoin).
Hundreds of millions of people signed up for Telegram because they wanted an independent messaging platform that would put its users first. It is my responsibility – and my life’s work – to keep delivering this platform.
Every day, over 2.5 million new users sign up for Telegram, and earlier this year we’ve surpassed 800 million monthly active users. We are happy and grateful, even though this massive growth also means higher expenses on storage and traffic to serve our users.
Luckily, Telegram is super efficient when it comes to expenses and we had a great start with monetization last year. While not yet profitable (which would be impossible to reach on just the second year of monetization), Telegram is closer to profitability in absolute numbers than its competitors such as Twitter and Snap.
To fund Telegram’s continued growth until we reach the break-even point, this week we issued around $270 million worth of Telegram bonds as a tap of our existing bonds. Once again we've been lucky to have the participation of well-known funds with stellar reputations.
I personally bought about a quarter of the new Telegram bonds, investing tens of millions into Telegram’s growth. This comes in addition to the hundreds of millions I spent over the last 10 years to keep Telegram operational.
Some people suggested I should have instead bought a house or a jet. But I prefer to stay focused on my work, without “owning” anything (well, apart from Telegram, some Bitcoin and some Toncoin).
Hundreds of millions of people signed up for Telegram because they wanted an independent messaging platform that would put its users first. It is my responsibility – and my life’s work – to keep delivering this platform.
BY Du Rove's Channel
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Telegram has gained a reputation as the “secure” communications app in the post-Soviet states, but whenever you make choices about your digital security, it’s important to start by asking yourself, “What exactly am I securing? And who am I securing it from?” These questions should inform your decisions about whether you are using the right tool or platform for your digital security needs. Telegram is certainly not the most secure messaging app on the market right now. Its security model requires users to place a great deal of trust in Telegram’s ability to protect user data. For some users, this may be good enough for now. For others, it may be wiser to move to a different platform for certain kinds of high-risk communications. The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. Either way, Durov says that he withdrew his resignation but that he was ousted from his company anyway. Subsequently, control of the company was reportedly handed to oligarchs Alisher Usmanov and Igor Sechin, both allegedly close associates of Russian leader Vladimir Putin. In addition, Telegram now supports the use of third-party streaming tools like OBS Studio and XSplit to broadcast live video, allowing users to add overlays and multi-screen layouts for a more professional look. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised.
from kr
