Square One: Conversations with the Best in Business

114: Ryan Breslow, Founder & CEO of Bolt

Nov 1, 2021

38:47

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Highlights

AI Chapters

Episode notes

Creating a Culture of Virtue Signalling Around Processes

02:47

Work Like a Cow or Zambi for Five Days

03:47

How to Prioritize Present and Engage During Work

01:45

Introduction

3min

Checkout - Is There a Network Around Checkout?

2min

The Challenges of Amazon Platforms

2min

The Bottom of the Funnel Hasn't Been Cracked Yet

2min

The Scale of the Problem

2min

Checkout Operating System

4min

How to Segment the Signal and the Noise in One Click Check Out

3min

Virtuous Cycles in the Bolts Business

3min

Getting to the Next Generation of Bolt, Right?

2min

10.

How to Grow a Hyper Scale Business

3min

11.

Creating a Culture of Virtue Signalling Around Processes

3min

12.

How to Prioritize Present and Engage During Work

2min

13.

Work Like a Cow or Zambi for Five Days

4min

14.

What Are You Trying to Do With Twitter?

3min

Today we dove into the world of checkout. Everybody is familiar with check-out - it’s the last step in the purchase process when you’re buying something whether in person or online.

A less known fact is that purchase process drop-off is a $10 trillion problem for businesses worldwide. And checkout software is not nearly as easy of a problem as meets the eye.

This week I chatted with my friend Ryan Breslow - Founder & CEO of Bolt. Bolt has created a full Checkout Operating System to help merchants unify / shoppers go through checkout. In this episode, we unpacked a lot of the network effects that they will now be able to take advantage of.

Bolt has grown its valuation 18x in 18 months to $6B and with 10 million shoppers on their platform has hit escape velocity to reach the next level of growth.