𝐃𝗼𝗿𝘁𝗵𝗲'𝘀 𝐏𝗹𝗮𝘆𝗹𝗶𝘀𝘁.

𝐃𝗼𝗿𝘁𝗵𝗲'𝘀 𝐏𝗹𝗮𝘆𝗹𝗶𝘀𝘁.

𝐃𝗼𝗿𝘁𝗵𝗲'𝘀 𝐏𝗹𝗮𝘆𝗹𝗶𝘀𝘁. Telegram | DID YOU KNOW?

Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change.
𝐃𝗼𝗿𝘁𝗵𝗲'𝘀 𝐏𝗹𝗮𝘆𝗹𝗶𝘀𝘁. from us

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