Could Messaging App Telegram Be The Next Best SPAC?

Could Messaging App Telegram Be The Next Best SPAC?

The Telegram logo in flight formation over a stock chart against skyscrapers. I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. I'm waiting for it. So is Sergei Sergienko, who claims he owns $800, 000 of Telegram's pre-initial coin offering (ICO) tokens. "If Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship," he says. Coinbase is not doing a SPAC listing, the new Special Purpose Acquisition Vehicle that's been popular over the last two years. I bought the Fisker SPAC this summer and am very happy with it. Also last week, Jim Cramer got behind two things unheard of at CNBC, let alone from an old school, mainstreamer like Cramer: Bitcoin and SPACs. If Telegram ever did a SPAC, it will be