> 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…
Telegram raises $210M through bond sales
21–30 of 96 posts
Re: Telegram raises $210M through bond sales
#22Re: Telegram raises $210M through bond sales
#23Earlier quoted context omitted.
Sure - but where's the revenue come from?
How much revenue do they need to generate for $250M investment? Paid version with extra features, $40M per year, and they will do fine.
$30 to 40 million for interest on this issue.
Telegram sold $1bn of bonds in March 2021, when rates were 25 bps, with a 7% coupon [1]. Rates are now 5.25%. Their new bonds should thus yield 12%+.
That implies a total annual interest bill over $100 million, with a refinancing in 2026 on $1bn. Not ideal.
[1] https://bondblox.com/news/messaging-app-telegram-sells-bonds...
Re: Telegram raises $210M through bond sales
#24> the Dubai-headquartered firm huh, I thought Telegram was still stationed in Germany. I wonder what made them move.
They have never had a domicile in Germany. In Dubai, there is basically an empty office room used as their domicile.
Re: Telegram raises $210M through bond sales
#25Earlier quoted context omitted.
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…
Yeah, and tax authorities who refuse to communicate by using anything else but paper documents sent as letters... Glad I will leave Germany soon.
Re: Telegram raises $210M through bond sales
#26Earlier quoted context omitted.
[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.
What platform would you recommend to people in Turkey, Iran, Africa... Or opposition in West that sometimes can not even get bank accounts?
It is a serious question! Russia is far away, it is not going to put you in jail. We need to communicate.
Re: Telegram raises $210M through bond sales
#27Earlier quoted context omitted.
Telegram is one social network that has a huge potential for growth today. It is a dominant platform for War reporting from both sides. And it is not compromised by history of censorship, and CIA connections, like other social networks. We will probably see it growing in US, as we get closer to elections, and censorship tightens!
It is compromised by Russian connections though
Or did I get that wrong?
Re: Telegram raises $210M through bond sales
#28Re: Telegram raises $210M through bond sales
#29Earlier quoted context omitted.
“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.
Is there any other solid alternative? Gab? Or Twitter under Musk? Or some other federated network? What platform would you recommend to people in Turkey, Iran, Africa... Or opposition in West that sometimes can not even get bank accounts? It is a serious question! Russia is far away, it is not going to put you in jail. We need to communicate.
Re: Telegram raises $210M through bond sales
#30Earlier quoted context omitted.
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…
Yeah, and tax authorities who refuse to communicate by using anything else but paper documents sent as letters... Glad I will leave Germany soon.
It wouldn’t be on my list of reasons to leave a country.