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Fast Co Announces Shut Down

Afterpay s_nate

Apr 5 47 Comments

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Last year, Fast generated around $600,000 in revenue - while Bolt, its main rival, has generated roughly 50 times that figure. Anyone surprised?

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TOP 47 Comments

Bolt aipz28

Nobody should be celebrating this news, least of all Bolt employees.

1. Innocent people are losing their jobs.
2. Bad news for the entire Checkout market.

Apr 5 17 18
- Afterpay s_nate
  OP
  
  You’re still on about this? I didn’t make this post to celebrate and I can’t control what others say..
  
  Apr 6 0
- New
  kd8d3f
  New
  
  kd8d3f
  
  Yes that is correct. So when people say there is the existence of something, listen to them (or ask for evidence). Instead of doing 0 research and claiming it doesn’t exist. Apply this to other parts of your life too. 🫢🤫
  
  Apr 6 0
Bank of America akku2

How much is bolt revenue? May be bolt next?

Apr 5 1 12
- SHIFT ohno321
  
  Bolt @ 233x revenue multiple is hilarious
  
  Apr 6 3
- Robinhood nBEV23
  
  I heard it was 366x lol.
  
  Apr 7 0
Brex FSiU50

The CEO had so many red flags.

Apr 5 12 1
- Uber ubergoget
  
  Is Bolt Chairman considered as a red flag?
  
  Apr 6 0
Amazon CokeAddict

WTF does this mean for investors like Stripe?

Apr 5 2 2
- Salesforce helqpdh
  
  Fast will probably sell to a private equity and distribute the revenue to its investors. Obviously, they won’t get their original investment back, but they’ll get some of it.
  
  Apr 5 4
- Amazon CokeAddict
  
  Thanks!
  
  Apr 5 0
Bolt 100bmeme

More like 100x

Apr 5 3 1
- Afterpay s_nate
  OP
  
  Just going by what’s reported 🤷‍♂️
  
  Apr 6 0