Telegram Founder Tells Tucker Carlson That Billion-User Platform Operates Lean, HR-Free With Only 30 Staff: 'I Am The Only Product Manager'
Portfolio Pulse from Rounak Jain
Telegram, a major competitor to Meta Platforms Inc.'s WhatsApp, operates with a lean team of 30 staff and no HR department, according to its founder Pavel Durov. Despite having nearly a billion users, Telegram has managed to scale efficiently, raising funds through bond sales and a cryptocurrency project without offloading equity. Durov, who is the sole owner and project manager, emphasizes the company's swift and efficient operation, likening his team to a 'Navy SEAL team.'
April 18, 2024 | 11:51 am
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Meta Platforms Inc., owner of WhatsApp, faces competition from Telegram, which operates efficiently with a minimal team and no HR department, potentially impacting Meta's market positioning.
Telegram's efficient operation and rapid growth present a competitive threat to Meta Platforms Inc.'s WhatsApp. The lean structure and innovative funding strategies of Telegram could pressure Meta to evaluate its operational efficiencies and market strategies to maintain its competitive edge.
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IMPORTANCE 60
RELEVANCE 70