Re:Ask HN: YC misses that went on to do well (like veed.io)
by Kkoala on Monday September 05, 2022 @07:04PM
(#32730526)
That seems unlikely. Startup acquiring another startup is rarely all cash deal.
Also according to CrunchBase Bolt has raised about $970 million in total. Their revenue is at somewhere around $20-50 million, so they wouldn't even had the cash. Also seems unlikely they would have taken or gotten a massive loan to do an all-cash acquisition like that
Also according to CrunchBase Bolt has raised about $970 million in total. Their revenue is at somewhere around $20-50 million, so they wouldn't even had the cash. Also seems unlikely they would have taken or gotten a massive loan to do an all-cash acquisition like that