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Rumors: Pavel Durov rejected an offer to sell a Telegram stake – the entire messenger was estimated at $ 30 billion
Pavel Durov refused to invest in Telegram, which assumed the sale of a 5-10 percent share of the messenger. At the same time, the entire company was estimated at about $ 30 billion. The Bell writes about this with reference to two sources surrounded by a businessman. This is the first external evaluation of a communication service in the past few years.
The publication notes that the offer was made last week and has already been rejected. Who offered to buy a share of the messenger is not specified.
Two days earlier, The Information reported that Telegram had been looking for money for several months. Journalists claim that the company wanted to take out a loan of $ 1 billion with the possibility of converting debt into shares in the event of an IPO. Messenger spokesman Markus Ra said that the company is in talks with potential investors, but has not decided on its choice.
Pavel Durov later said that Telegram did receive various investment offers, but he himself did not participate in negotiations with banks and investors. He also noted that lending is a way to remain an independent service, true to its values, if a monetization strategy is implemented.
According to experts, the actual cost of Telegram is very different. One of the Russian venture capitalists in a conversation with The Bell said that the company could be worth from $ 4 billion to $ 110 billion, but this depends on the multiples at the time of purchase. Compared to the takeover of Instagram, this is $ 17 billion, WhatsApp – $ 35 billion. The largest multiplier is obtained in comparison with SnapChat – then the amount reaches $ 110 billion.
Alexander Chachava, Managing Partner of Leta Capital, explained that the price may differ depending on the ability to monetize the audience. He stressed that Zoom’s audience is half the size of Telegram, but its capitalization is $ 100 billion.