𝐂𝐔𝐑𝐑𝐄𝐍𝐓 𝐀𝐅𝐅𝐀𝐈𝐑𝐒 𝟐𝟎𝟐𝟑-𝟐𝟒 [𝐕𝐈𝐃𝐘𝐀𝐑𝐓𝐇𝐈 𝐏𝐎𝐈𝐍𝐓]

𝐂𝐔𝐑𝐑𝐄𝐍𝐓 𝐀𝐅𝐅𝐀𝐈𝐑𝐒 𝟐𝟎𝟐𝟑 𝟐𝟒 𝐕𝐈𝐃𝐘𝐀𝐑𝐓𝐇𝐈 𝐏𝐎𝐈𝐍𝐓 Telegram | DID YOU KNOW?

A project of our size needs at least a few hundred million dollars per year to keep going,” Mr. Durov wrote in his public channel on Telegram late last year. “While doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.

To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.