Telegram turned down an investment offer from a consortium of Western funds. At the same time, the social network was estimated at $ 30 billion. In recent years, this is the first external assessment of Telegram, which became known. About it reports The Bell, citing two interlocutors familiar with the situation.
Pavel Durov refused from external investments in Telegram offered by Western funds
It is noted that the proposal for funding was made at the end of last week. As part of the deal under discussion, it was about the purchase of a 5-10% stake.
Earlier it became known that Durov is looking for $ 1 billion for Telegram due to the upcoming settlements with TON investors. In addition, the search for money was accelerated by the fact that Telegram’s audience began to grow sharply against the background of the renewal of the WhatsApp user agreement. It is also expected that when raising funds, the debt is likely to be converted into shares in the event of an IPO.
Telegram explained that the company does not intend to take on obligations to investors, providing for a merger, sale or public listing.
In 2015 Durov appreciated the possible cost of the messenger at $ 3-4 billion. Then he referred, among other things, to the proposals that he received at that time. According to Techcrunch, Telegram’s monthly active audience 6 years ago was about 60 million users. In the first week of 2021, it exceeded $ 500 million.
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