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Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by boeingUH60 on Tuesday May 10, 2022 @11:50AM (#31328549)
Beslow shot himself in the foot with that infamous Twitter thread rallying against "the mob"...Personally, I think most times someone starts rallying against the imaginary "mob", it's often to mask their own failures and deflect blame

And the picture in this article, lol...is this Adam Neumann reincarnated?

Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by gen220 on Tuesday May 10, 2022 @11:17AM (#31328125)
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by kisero on Wednesday May 11, 2022 @12:51AM (#31335955)
Gracias
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by kadomony on Tuesday May 10, 2022 @12:51PM (#31329347)
I eagerly await the next Twitter meltdown that this article will undoubtedly manifest from Ryan.

"Stripe clearly owns the NYT."

Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by what_ever on Tuesday May 10, 2022 @07:34PM (#31334009)
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by ilrwbwrkhv on Tuesday May 10, 2022 @02:32PM (#31330718)
When Mr. Traina hosted a dinner later that year, he sat Mr. Breslow between Mr. Thiel and Reid Hoffman, the co-founder of LinkedIn.

“I was laughing to myself, saying he’ll sink or swim tonight,” Mr. Traina recalled in an interview.

What is really sad is to see this kind of behaviour from investors. Testing a founder just for the fun of it.

Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by Traster on Tuesday May 10, 2022 @03:34PM (#31331570)
Mr Traina had already invested in the start up and had set up a dinner for Breslow to network with Thiel and Hoffman. Both of those guys are massive VCs that any founder would be massively keen to get connections with. Thiel ended up Angel investing. This wasn't a test, it was a massive gift.
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by bnt on Tuesday May 10, 2022 @03:06PM (#31331215)
Most VCs are a-holes, why are you surprised?
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by ilrwbwrkhv on Tuesday May 10, 2022 @03:23PM (#31331433)
Not the ones at YC though.
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by ID1452319 on Wednesday May 11, 2022 @05:16AM (#31337553)
I've read that whole article and I'm still no clearer as to what they actually do. I understand Amazon's "one-click" technology, as Amazon already has all my address and payment details saved.

Am I therefore expected to create an account with Bolt so they can store my details and offer a "one-click" experience on downstream e-comm sites? How is this different to what PayPal offer, especially given PayPal is ubiquitous?

Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by rebelos on Tuesday May 10, 2022 @12:44PM (#31329235)
This suggests a good answer for why he’s so sensitive to shadowy conspiracies and bad faith actors (re: the mob rant): he was indulging in some of it himself. Not that we should assume this absolves Stripe. There seems to be some circumstantial evidence for their ruthless behavior beyond what Breslow has offered.
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by what_ever on Tuesday May 10, 2022 @07:37PM (#31334024)
Breslow had previously tweeted about NYT - https://twitter.com/theryanking/status/1514385094403833862
Re:Bolt Built $11B Payment Business on Inflated Metrics and ... by mrkramer on Tuesday May 10, 2022 @05:47PM (#31333152)
Another Theranos in the making.