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Serious question as someone who has never used Telegram and don't know anyone who uses it: what's the plan for sustainability from a financial perspective? Run
by dkrich 8y ago
Serious question as someone who has never used Telegram and don't know anyone who uses it: what's the plan for sustainability from a financial perspective?
Running the infrastructure for a scalable secure and reliable service like this for hundreds of millions of users has to be extremely expensive. Yet on Telegram's website it says that it will be free forever and will never sell advertisements or charge subscription fees. So is it donations?
- richjdsmith 8y agoThat's the issue. Frankly, if I could donate or pay to use Telegram and in exchange, it was open-sourced so I could be sure I wasn't the product, I'd have my wallet out in a heartbeat.
- ubercow13 8y agoYes, it is a donation from a rich founder. It says clearly on their website: >Q: How are you going to make money out of this? >We believe in fast and secure messaging that is also 100% free. >Pavel Durov, who shares our vision, supplied Telegram with a generous donation, so we have quite enough money for the time being. If Telegram runs out, we will introduce non-essential paid options to support the infrastructure and finance developer salaries. But making profits will never be an end-goal for Telegram.
- dkrich 8y agoAh, thanks. So the answer is that it's not sustainable. Got it.
- jonlucc 8y agoNot necessarily. Would you say that a museum or university isn't sustainable because its revenue from goods and services is less money than it spends? If they have an endowment or similar vehicle set up, they can use interest to pay salaries, and other expenses. That's the kind of thing that could be enabled by a single large donation and should be considered sustainable despite a lack of other recurring revenue.
- Krasnol 8y ago> Would you say that a museum or university isn't sustainable because its revenue from goods and services is less money than it spends? Yes? That's why it's being usually run by tax money. A regular flow of funds. Something you can plan and work with.
- alehul 8y agoIf they had a lump sum donation of $100M, they could probably safely expect a return of 5% per year on average (many years could be worse). As long as their costs are less than $5M per year, they can effectively run forever, barring any long-lasting financial depressions (the likes of which we've never seen), or severe financial mismanagement. This is how many museums and universities operate, and what the above commenter was referring to. :)
- dkrich 8y agoOkay but museums and universities also rely heavily on ongoing donations. A 5% annual yield is far from a guarantee. Not to mention that running a tech company is very different than running a museum or local symphony. A tech company has to attract and retain top talent that is very expensive and costs scale with adoption.
- jonlucc 8y agoOk, then I'll speak specifically about my local institution. My local art museum gets zero funding from taxes, but runs on its endowment and whatever revenue it brings in from admission, membership, events, food and beverage sales, and merchandise sales. Are they unsustainable because of that?
- Krasnol 8y agoHow is this applicable to what I wrote? Here is the relevant part again: > because its revenue from goods and services is less money than it spends
- karlmcguire 8y agoNot only is Durov's net worth $2.7B, but Telegram just raised $1.7B in an ICO for their cryptocurrency they're launching off of Telegram.
- Fins 8y agoThe somewhat cynical answer is that it will be around just fine as long as FSB pays for it. Durov has been singing praises of Putin and Mother Russia right up to the moment he suddenly up and left to supposedly do a "banned in Russia" communication system. It's possible, of course, that he had a change of heart. It's just as possible that these are just theatrics.
- dkrich 8y agoIs this not a concern for those trying to sell mass adoption to people currently on other platforms that make enough money to fund maintenance and enhancements forever?
- Fins 8y agoI'd think so. I think that the spectacle of Russian regulators banning almost all of the Internet but NOT the Telegram a while ago is even more concerning. Or entertaining, if you aren't using Telegram.