I get that as the user. But of the founder claims it’s not a money making exercise, how the hell can it be 1) profitable and 2) valued at 30 billion!

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Yeah - I've thought similar before. As an admin of an open group, the platform seems to be a hub for scammers, impersonators, sex workers & drug dealers. This type of user seems to be easily created & then sent off to fish for gullible users. On a centralised platform this kind of activity should be relatively easy to stamp out, but it's not. I know of several users who've been scammed by impersonators over the years.

I can only assume there's a way to pay to easily create "worker" accounts.

There's also a strong incentive to quietly sell user or chat data to third parties.

It's only a matter of time before I walk away from all the telegram groups I'm in. I really dislike it.

It’s interesting as well when you see someone who was going to Bitcoin and clearly believes in the philosophy of Bitcoin yet is happy to run a company which is exploiting its users

Of course it is always the users choice what they do, so if you don’t like it, leave

But it’s typical of this “ come with me I’m more private” yet they’re actually taking your information on the back end and selling it

Grok - if you believe it - suggest 2bil in revenue for 2025 👀

https://grok.com/share/c2hhcmQtMw%3D%3D_acd476df-a70b-40f7-ae2c-5da89356297c