This year we decided to join our forces: Yegor's Quality Award will be supported by KaiCode. This means that you are welcome to submit your open source projects using this form (the deadline is the 1st of October) and wait for the decision of the jury, which will be made on the 15th of November. By the way, this is the 7th year of the award: $16,384 has already been donated by Yegor to open source developers. This year you have a chance to get what you deserve! :)
This year we decided to join our forces: Yegor's Quality Award will be supported by KaiCode. This means that you are welcome to submit your open source projects using this form (the deadline is the 1st of October) and wait for the decision of the jury, which will be made on the 15th of November. By the way, this is the 7th year of the award: $16,384 has already been donated by Yegor to open source developers. This year you have a chance to get what you deserve! :)
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%.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
