Telegram has now announced it’s pulled in over $1BN in debt financing by selling bonds. From a report: Founder Pavel Durov put out an update via his official Telegram channel after a press announcement earlier today had revealed the company had taken in $150M from Mubadala and Abu Dhabi Catalyst Partners by selling 5-year pre-IPO convertible bonds. It’s not clear where the additional millions in debt funding are coming from — Durov merely writes that Telegram has sold bonds to “some of the largest and most knowledgable investors from all over the world.”
Read more of this story at Slashdot.
Source: Slashdot – Telegram Raises Over Billion