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Ryan Breslow’s lofty $450M Bolt deal is in trouble: https://t.co/CdbeUTb7w7 by TechCrunch #infosec #cybersecurity #technology #news
Ryan Breslow’s lofty $450M Bolt deal is in trouble: Ryan Breslow’s plan to get himself re-installed as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14… https://t.co/WUWzuKI8Cs #AI #AInews #AItips
Ryan Breslow’s lofty $450M Bolt deal is in trouble https://t.co/9L6lwRH4cm
Ryan Breslow's $450 million fundraising deal for the fintech company Bolt is facing significant challenges. The deal, which would value the startup at $14 billion, has encountered resistance from major investors, including BlackRock. Some investors have disputed Breslow's claim that they had signed off on the chaotic raise. This has led to efforts to stall the funding round. The situation, reported by TechCrunch, highlights the complexities and potential pitfalls of high-stakes venture capital deals.