The world’s fourth-largest messaging app may look for a U.S. listing after its IPO. Investor offers have valued Telegram at over $30 billion.
Telegram co-founder Pavel Durov gave his first interview since 2017 to talk about the messaging service’s future, and particularly its financial future. An initial public offering (IPO) is under consideration, he said.
Pavel Durov and his brother Nikolai founded Telegram in 2013. Pavel Durov is now the sole owner of the company, according to the Financial Times. He told the newspaper on March 11:
Durov said the company has “started to monetise,” and “we see value in [an IPO] as a means to democratise access to Telegram’s value.” This comes despite offers from investors at “$30bn-plus valuations.” The newspaper wrote that two unnamed sources had told it that Telegram would probably seek a listing in the United States once the company becomes profitable.
