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Telegram: How to Counter-Attack

The Generalist

CHAPTER

Default Dead Start Ups

One billion dollars in debt financing has given telegram some breathing room, but there's no doubting that the company is default dead right now. Assuming telegram maintains the same burn rate of a few hundred million a year, it will likely be out of cash within three years and possibly much less. How does the company get out of this predicament? It will either need to raise more money from the public or private markets, or find a reliable way to monetise capital.

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