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May 20, 2022

News of the Trade

Latest trading, investing, and financial news

Interviews with 50+ people detail Bolt’s meteoric rise, which involved overstating tech and performance, as its valuation went from $250M to $11B in three years (New York Times)

New York Times:
Interviews with 50+ people detail Bolt’s meteoric rise, which involved overstating tech and performance, as its valuation went from $250M to $11B in three years  —  The start-up has had a meteoric rise, thanks to its charismatic co-founder, Ryan Breslow.  But he sometimes stretched the truth to get there.