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Telegram is losing millions each year, paid by Pavel Durov, its founder. "If you look at Telegram today, every month it burns over $1 million. It might seem th
by clishem 10y ago
Telegram is losing millions each year, paid by Pavel Durov, its founder.
"If you look at Telegram today, every month it burns over $1 million. It might seem that it’s just going nowhere, but if you want to come up with business model, you need to get to a decent size first. We have 62 million users at the moment, which is enough userbase to attract third-party developers to create products on top of your platform. You can’t do that from day one. It’s difficult."
http://kernelmag.dailydot.com/issue-sections/features-issue-sections/13271/pavel-durov-vkontakte-telegram-interview/#sthash.Bc8PkfKi.dpuf http://kernelmag.dailydot.com/issue-sections/features-issue-...
I suspect the cost is even higher now.
- 72deluxe 10y agoIsn't this just hoping that products come along that use your platform and that people are willing to pay for that? Doesn't seem a good strategy to my limited understanding. Also, experience has taught that users are fickle and that products that are free that transition to paid products quickly lose their users.