A project of our size needs at least a few hundred million dollars per year to keep going,β Mr. Durov wrote in his public channel on Telegram late last year. βWhile doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
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