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Telegram raises $210M through bond sales

techcrunch.com

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Re: Telegram raises $210M through bond sales

#11

Post by Longhanks »

sedatk wrote: post #8

> the Dubai-headquartered firm huh, I thought Telegram was still stationed in Germany. I wonder what made them move.

Extreme taxes compared to Dubai, a government (or the EU on that matter) wanting to permanently dismantle end-to-end encryption, slow local authorities (however I don’t know the situation in Dubai concerning that - I assume though nearly every state on the earth is more efficient than Germany regarding bureaucracy), local authorities that often can’t communicate in English...

Germany is not an attractive place for smaller companies, especially for those formed outside of the country and not perfectly familiar with the German language.

Re: Telegram raises $210M through bond sales

#12

Post by pavlov »

Thoeu388 wrote: post #7
sethherr wrote: post #5

Earlier quoted context omitted.

It is compromised by Russian connections though

[flagged]

“The enemy of my enemy is my friend” is a fallacy that does seem to be driving increasing numbers of Americans to positions that are indistinguishable from Russian talking points. Saves money for Putin’s troll factory at least.

Re: Telegram raises $210M through bond sales

#14

Post by izacus »

Longhanks wrote: post #11
sedatk wrote: post #8

> the Dubai-headquartered firm huh, I thought Telegram was still stationed in Germany. I wonder what made them move.

Extreme taxes compared to Dubai, a government (or the EU on that matter) wanting to permanently dismantle end-to-end encryption, slow local authorities (however I don’t know the situation in Dubai concerning that - I assume though nearly every state on the earth is more efficient than Germany regarding bureaucracy), local authorities that often can’t communicate in English... Germany is not an attractive place for sm…

Which of those reasons was quoted by Telegram and where?

Re: Telegram raises $210M through bond sales

#16

Post by 000ooo000 »

Telegram is probably the only app that I use that I'm completely fine with it automatically updating. Hard to find software that doesn't fk it up by adding stupid or user-hostile "features"/bloat. Telegram has been solid across the web, android, linux and windows clients I've been using for years. For that reason, I bought telegram premium. Shame to hear they're still not breaking even, must be tough.

E: downvoted for this?

Re: Telegram raises $210M through bond sales

#18

Post by Barrin92 »

nafey wrote: post #2

Getting into debt with highest interest rate in decades doesn't bode well for the future. On the other hand, VC funding seems to have dried up as well. Between rock and a hard place.

Durov's worth more than 10 billion and he bought a quarter of the bonds himself, so at the end of the day he can keep the lights on for a long time. That's basically how Telegram has been financed up until now.

Re: Telegram raises $210M through bond sales

#19

Post by [deleted] »

Longhanks wrote: post #11
sedatk wrote: post #8

> the Dubai-headquartered firm huh, I thought Telegram was still stationed in Germany. I wonder what made them move.

Extreme taxes compared to Dubai, a government (or the EU on that matter) wanting to permanently dismantle end-to-end encryption, slow local authorities (however I don’t know the situation in Dubai concerning that - I assume though nearly every state on the earth is more efficient than Germany regarding bureaucracy), local authorities that often can’t communicate in English... Germany is not an attractive place for sm…

[deleted]

Re: Telegram raises $210M through bond sales

#20

Post by fakedang »

sedatk wrote: post #8

> the Dubai-headquartered firm huh, I thought Telegram was still stationed in Germany. I wonder what made them move.

Telegram maintains a shell office in Dubai AFAIK. The Durovs live there as tax residents but the employees were based out of London for the most part iirc.
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