The voltage around a loop equals to the sum of every voltage drop in the same loop for any closed network and also equals to zero.
Put differently, the algebraic sum of every voltage in the loop has to be equal to zero and this property of Kirchhoff’s law is called conservation of energy.
When you begin at any point of the loop and continue in the same direction, note the voltage drops in all the directions either negative or positive and return to the same point. It is essential to maintain the direction either counterclockwise or clockwise; else the final voltage value will not be equal to zero. The voltage law can also be applied in analyzing circuits in series.
The voltage around a loop equals to the sum of every voltage drop in the same loop for any closed network and also equals to zero.
Put differently, the algebraic sum of every voltage in the loop has to be equal to zero and this property of Kirchhoff’s law is called conservation of energy.
When you begin at any point of the loop and continue in the same direction, note the voltage drops in all the directions either negative or positive and return to the same point. It is essential to maintain the direction either counterclockwise or clockwise; else the final voltage value will not be equal to zero. The voltage law can also be applied in analyzing circuits in series.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.
