Hacker News Reader

Do token offering. Raise Millions. Deal with the SEC later.

If TON doesn't launch by October 31st they have to return the money and then Telegram will run out of money and go out of business. They only have 20 days to figure it out.

Telegram will not run out of money, Durov has enough money to support it for years.

Some one was saying they spent $200M+ of it already. If that’s true, he can’t afford that easily. He sold his VK stake for $300M 6 years ago.

Forbes is saying he’s worth $2.7B, but not saying how. Forbes has been wrong multiple times before on net worth. I’m guessing they are including his Telegram stake and the Telegram crypto value.

Reply on news.ycombinator.com