Ryan Breslow’s plan to get himself reinstalled as CEO of fintech company Bolt — and push through a $ 450 million fundraising deal that would value the startup at a staggering $ 14 billion — has apparently stalled. According to Forbes, Breslow sent an email to shareholders thanking them for signing off on the deal. The problem is […]
VC leading Bolt’s hoped-for $450M deal confirms he’s offering ‘marketing credits’
Ashesh Shah, the founder and CEO of The London Fund is, as you might imagine, bullish on Bolt. The London Fund is a U.K. venture firm with “over $ 1 billion in cash and assets” in AUM that is leading a proposed $ 450 million raise for Bolt, a one-click checkout startup that has been […]
Spain’s antitrust watchdog fines Booking.com nearly $450M for unfair terms and restricting rivals
Spain’s competition authority, the CNMC, has found that online travel agency Booking.com abused a dominant market position over the past five years. It fined the company €413.24 million (or around $ 447 million at current exchange rates) on Tuesday. The CNMC opened an investigation of Booking.com back in October 2022, following complaints by the Spanish […]
NASA cancels $450M Viper moon mission, dashing ice prospecting dreams
Rising cost and schedule delays have led NASA to cancel a $ 450 million program to map water ice deposits on the moon, a natural resource that will almost certainly be central to supporting humanity’s long-term presence in the solar system. That program, called Viper — the Volatiles Investigating Polar Exploration Rover — was scheduled […]
WndrCo officially gets into venture capital with fresh $450M across two funds
WndrCo, the holding company and technology investment firm started by founding partners Sujay Jaswa and Jeffrey Katzenberg, raised its first venture capital fund, closing on over $ 450 million in capital commitments. Katzenberg is well-known for being the former chairman of Walt Disney Studios and co-founder of DreamWorks SKG. Jaswa was a principal at New […]