Did Stripe/YC/Sequoia mafia/mob kill Bolt (the American one)?
(To be clear, the Bolt I'm talking about is not the Estonian taxi company) Or is Bolt blaming others when they are responsible for their failure? Bolt's founder has likened Stripe and YC to the mob. Stripe also led a $120M Series B funding round for Bolt competitor Fast and also participated in Fast's Series A. https://www.teamblind.com/post/Stripe-and-YCombinator-the-Mob-Bosses-of-Silicon-Valley-ru7qRo28 https://www.teamblind.com/post/Stripe-YC-vs-Bolt-dOidhmxY https://www.teamblind.com/post/Ryan-Breslow-Bolt-CEO-alleging-collusion-between-Stripe-YCombinator-bBu0mMab https://www.teamblind.com/post/Bolt-CEO-claims-YC-and-Stripe-are-Mob-Bosses-of-Silicon-Valley-4n6ckv1z https://www.teamblind.com/post/Are-Stripe-YCombinator-and-Sequoia-Mafia-of-Silicon-Valley-j0j5NGoU
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Bolt only has 40MM ARR. Their biggest customer are suing them and claim that lost over 150MM revenue in online sales because Bolt fast checkout. Oh yeah, this is Stripe mafia when you built something unsustainable with a failed business model.
Bolts founder just complains a lot. He starts a Twitter thread every time he encounters something he doesn’t like. I wouldn’t take his word seriously tbh
Maybe it’s both. Bolts founder is onto something about Sequoia, AND his company is struggling to make money.
Bolt CEO is unhinged. Or just has the biggest chip on his shoulder. I loved the story initially. Everyone enjoys reading about an underdog. But the reality is his conspiracy theory was torn apart. People from all over showed up with receipts, while he provided none.
This Square guy has been posting about Bolt. What’s wrong with bruh? Are you selling info to news reporters?
Bolt is an interesting company between ryan king, feud with stripe/yc, 4-day work week, loans for exercising options, etc
“Some people don’t like to take responsibility for their own shit!” — Travis Kalanick
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