My First Million

Did This Man Just Expose the Silicon Vally Tech Mafia? - Ryan Breslow, Founder of Bolt

Feb 1, 2022
Ryan Breslow, founder of Bolt and a bold advocate against Silicon Valley norms, dives into his controversial Twitter thread aimed at dismantling what he labels the tech mafia. He discusses his journey in creating a billion-dollar payment company and shares insights on navigating competition in the tech landscape. The chat also touches on the balance of accountability and personal freedom in leadership, plus the challenges of being seen as a 'loose cannon' in a structured industry. Breslow's perspective sparks intriguing thoughts on innovation and the future of tech.
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ANECDOTE

Early Bolt Challenges

  • Ryan Breslow pitched Bolt to a top Silicon Valley payments firm.
  • They tried to dissuade a Bolt team member from joining and told investors not to invest.
ANECDOTE

Ryan Breslow's Background

  • Ryan Breslow's first job was bagging groceries, and he later started online businesses.
  • He dropped out of Stanford in 2014 to pursue crypto, then founded Bolt in 2015.
ANECDOTE

Bolt's Paycheck-to-Paycheck Early Days

  • Ryan Breslow did not get rich from crypto before starting Bolt; he lived paycheck to paycheck.
  • He kept his salary low and only recently sold a small amount of Bolt shares.
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