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šŸŒ ServiceTitan Files for IPO: Hereā€™s Whatā€™s Next

ServiceTitanā€™s gearing up for its IPO with impressive revenue growth but a notable loss due to heavy investment in sales and R&D. With a solid track record and backers like ICONIQ Growth, this could be a big one ā€“ definitely worth keeping an eye on as they move forward!

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šŸŒ ServiceTitan Files for IPO: Hereā€™s Whatā€™s Next

ServiceTitanā€™s gearing up for its IPO with impressive revenue growth but a notable loss due to heavy investment in sales and R&D. With a solid track record and backers like ICONIQ Growth, this could be a big one ā€“ definitely worth keeping an eye on as they move forward!

šŸ”— Source

šŸ›” Powered by V3V Ventures

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The next bit isnā€™t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Foolsā€™ prank. TechCrunch implies that it was a matter of principle, but itā€™s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app. The gold standard of encryption, known as end-to-end encryption, where only the sender and person who receives the message are able to see it, is available on Telegram only when the Secret Chat function is enabled. Voice and video calls are also completely encrypted. The original Telegram channel has expanded into a web of accounts for different locations, including specific pages made for individual Russian cities. There's also an English-language website, which states it is owned by the people who run the Telegram channels. In addition, Telegram's architecture limits the ability to slow the spread of false information: the lack of a central public feed, and the fact that comments are easily disabled in channels, reduce the space for public pushback.
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