Telegram founder Pavel Durov stated in a press release that he personally purchased 1 / 4 of Telegram’s newly issued bonds, investing tens of tens of millions of {dollars} to assist Telegram’s progress.
That is on prime of the a whole lot of tens of millions of {dollars} he is invested over the previous 10 years to maintain Telegram operating.
Whereas Telegram’s huge progress means increased storage and visitors charges, Telegram may be very cost-efficient, and the monetization plan it launched final yr is an effective one.
He stated that whereas Telegram will not be presently worthwhile, Telegram is nearer to profitability in absolute phrases than its rivals Twitter and Snap.
As well as, Durov additionally confirmed that he owns some Bitcoin and Toncoin. Durov said that he want to give attention to his work and personal nothing (besides Telegram, Bitcoin and Toncoin).
He emphasised that a whole lot of tens of millions of individuals join Telegram as a result of they need an unbiased messaging platform that places customers first, and that it is his duty and life’s work to proceed to supply that platform.
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