Telegram is Going to Raise $850 Million on Their ICO Campaign

$500M is not enough....

According to the Russian Vedomosti magazine and their insiders Telegram is going to raise much more investment on the pre-ICO stage - $850M instead of $500M. The investors whitelist is overloaded and the Telegram management has refused some investment proposals, including money from Russia.

Pavel Durov does not seek to attract Russian institutional money, because he wants to build a global company.

The minimum investment from investors, which Telegram is ready to consider, is $ 20 million and $50 million for the anchor investors. Durov will choose the investors according to their management proximity and the fame of the investor himself

Another participant in the negotiations with Telegram, who has offered the messenger $40 million of investment for the preliminary ISO was refused. he assures some investors have already agreed with Telegram on investments, as well as 40% more expensive than buying on the preliminary ICO

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