Bolton co-founder co-boiled Ryan Breslow, sing Bali is the CEO more early in this monthSay Monday on a personal loan of $ 30 million, she takes from the company that makes the combat legal and contributed to ouster (temporarily).
Breslow also announced that Bolt will start “all applications” that will join one check to all of the Crypto to the financial service “for shortly.”
Legal war on the loan starts on 2023, while the Aktivah Investor is activated investors. Activity Breslow yarn breslow searches Startup with $ 30 million debt By lending the amount then by failing, with the company fund used for repayment.
The case Finally settledWith Bolt agreed to pay the activah stock for $ 37 million years ago.
Talk at Furech Meeting Reeisions In Las Vegas yesterday, Breslow defends the debt, which makes the truth loyalty to bolt rather than to overcome the sentence claim.
They say that loan than sale stock in a secondary transaction and that the loan is approved by bolt board.
“It’s done to be pro-breslow,” breslow he said. “I took it out instead of selling the most useful number. I want to show all our investors who keep all the chips, I believe in stock I don’t sell the stock.”
Breslow says she thinks a lot of time to pay a loan, and waiting for mesh to the IPO to do. They say that after they go from the CEO role, the place is called on loan, which is seen as “a little strike.”
Breslow, founder Bolt is not tired, down as CEO at the beginning of 2022. In the years, then return this year, he has also facing the charges They blaming investors and violates the security of the security Inflating metric When the final funding fund they open the company.
On Monday, Breslow admits that she makes “tons of error” – but said that he is not the accused person. He sees the main mistake because it allows people to join the bolt caps tables that “did not know very much” (without determining anyone).
The ‘super’ app on work
Now he returned as CEO, said, it will soon launch “the new Super App that will join the E-Commerce E-Commerce experience that one-click on the corner.
“But checkout one-click, click One-click, Financial services, friends, cards, financial products,” said.
Breslow compared to bolt to UK Fultech Revolut, which costs $ 45 billion years agoemphasize bolt have 80 million “purse compared to 45 million, even if they have not claimed that consumers.”
Indeed, Bolt stands for about $ 7 million with dirty gains at the end of 2024, Newcomer Tech New nowncomasi years agoSee rankings-. A little compared to the revolution that is announced $ 2.2 billion in the income and $ 545 million profits (before tax) for 2023 alone.
The big question that is still in the bolt is the next fund status. In August, the news recently about the $ 450 million delayed funding fund transaction. But raising the questions about an unusual use of $ 250 million in the marketing credits “ and deficiency confirmation from Investor is miscontrolled as lead.
Some bolt investors, including blackrock and hedosophia, sucking to solid round, Forbes ReportedBut that has been voluntarily hacked by all the third, bolt is announced Today.
Breslow noted when the speech is that “all” legal cases they do “fully, placed” but not updating the $ 450 million funds.
He did comments, if she had “defeated” by experience and gets a new determination to open bolt after faith and himself – and the beginning.
“You know, I clearly make mistakes but I have a very chip on your shoulder,” he said. “I’m ready to take bolt for a new height.”
Blackrock and hedosophia does not respond to commentues.
