Telegram A Hard Landing for Pavel Durov Smith N Craig Elin Williams
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One of the hottest startups in the tech industry is Telegram. Founded in 2013, the company has seen incredible success in a very short time. It went public in April 2018 on the New York Stock Exchange and has since grown at an incredible rate, currently valued at $9 billion. Despite this success, the startup has faced several hard landings, each leading to a massive drop in the price of the company’s stock. In August 2019, the company faced a hard
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Telegram has had an unprecedented meteoric rise to market dominance — but it’s hard to say who’s driving it. I’m not making this up — its co-founder and CEO, Pavel Durov, has described the company as “a 2,000 times more valuable than Facebook,” and last year the stock was valued at nearly $20 billion, before the pandemic crashed that. It’s a fascinating story, and one of the most disruptive that I’ve
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“A hard landing is a situation where the aircraft or rocket’s landing is so violent that it causes an uncontained failure, damaging both the aircraft and the rocket. A hard landing can result in a partial explosion, partial loss of structural integrity, and a significant debris field.” Pavel Durov is a Russian billionaire who founded Telegram, a messaging app. As a startup, he raised a large sum of money from many sources but now his company has grown into a global success. His company has raised a total of $4.
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Telegram is one of the best messaging services available today, with over 200 million active users. It has seen exponential growth over the years, and its popularity was boosted by its acquisition by Facebook in 2016. However, that boom was short-lived, and in 2020, the company announced that it would be going public. At the same time, rumors of possible re-IPO emerged, and investors are speculating about the company’s future. This report, a
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I have recently come across an exceptional article from Business Insider which is titled “The Myth of Pavel Durov’s Tech Success”. my explanation I must say, it was the first article that I read, after the company’s initial public offering (IPO) that went horribly wrong. The entire article was based on a report from Morgan Stanley. The main argument of this article is that the company was under-capitalized, and they were not providing much revenue. Moreover, the article mentions that the company is heavily reliant on one product
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“Telegram is a game-changer. Everyone’s playing this game. Read Full Article The Chinese govt and military are big players. In fact, in the second quarter of 2017, the govt of China had ~$27.5 bn in telecom investments — nearly half of which was in telegram. “But” I write: ““But” I write: In addition to investing heavily in telegram, I’m also big on “chat” startups and this trend was clear.