Bolt is now a decacorn! 🦄🦄
It’s easy to fundraise when your team kicks so much butt.
We have simple priorities at Bolt:
- Hire the best 🙋
- Work together 🤝
- Stay hungry 🏋️
- Make every day count 🔥
The result? Outsized outcomes, consistently.
(1)
techcrunch.com/2022/01/14/onl…
It’s easy to fundraise when your team kicks so much butt.
We have simple priorities at Bolt:
- Hire the best 🙋
- Work together 🤝
- Stay hungry 🏋️
- Make every day count 🔥
The result? Outsized outcomes, consistently.
(1)
techcrunch.com/2022/01/14/onl…
$1B total capital raised may seem like a lot of money.
But, in our space, it’s necessary.
Many tangential companies are worth hundreds of billions of dollars 💸
We don’t just want to be on par with industry, we want to be BETTER.
(2)
But, in our space, it’s necessary.
Many tangential companies are worth hundreds of billions of dollars 💸
We don’t just want to be on par with industry, we want to be BETTER.
(2)
Our use of capital comes down to 4 key pillars:
1. Continue to bring on the best talent
2. Make strategic acquisitions
3. Continue our European expansion
4. Launch over a dozen new product lines
(3)
1. Continue to bring on the best talent
2. Make strategic acquisitions
3. Continue our European expansion
4. Launch over a dozen new product lines
(3)
Most importantly, we had URGENCY.
The result?
Our valuation has grown 24x in ~12 months.
From $450m Dec 20 to $11b today.
(4)
The result?
Our valuation has grown 24x in ~12 months.
From $450m Dec 20 to $11b today.
(4)
How? We…
1/ Released SSO Commerce to reinvent the login layer
2/ Expanded into Europe with amazing customers @lvmh @benefitUK
3/ Forged strategic partnerships with @AdobeCommerce @prestashop @bigcommerce
4/ Acquired @tipser to enable checkout on any digital surface
(5)
1/ Released SSO Commerce to reinvent the login layer
2/ Expanded into Europe with amazing customers @lvmh @benefitUK
3/ Forged strategic partnerships with @AdobeCommerce @prestashop @bigcommerce
4/ Acquired @tipser to enable checkout on any digital surface
(5)
And our 1-click network is electric ⚡️⚡️⚡️
When someone uses Bolt to 1-click, here are the stats 📈📈📈
50% higher conversion rates
66% higher repeat purchase rates
54% increase in-store account creation
Over the next 18 mo, 100M shoppers are lined up to join the network
(6)
When someone uses Bolt to 1-click, here are the stats 📈📈📈
50% higher conversion rates
66% higher repeat purchase rates
54% increase in-store account creation
Over the next 18 mo, 100M shoppers are lined up to join the network
(6)
But I’m not just excited about changing commerce.
I'm also PUMPED about changing the way we build businesses.
Specifically, culture 🌞
Just last week we announced our permanent move to a 4-day work week.
(7)
I'm also PUMPED about changing the way we build businesses.
Specifically, culture 🌞
Just last week we announced our permanent move to a 4-day work week.
https://twitter.com/theryanking/status/1478564004356317186
(7)
We’ve also pioneered Conscious Culture (@consciousorg) because we value our employees and their wellness.
If you're interested in learning more, we have our playbook open source at conscious.org.
(8)
If you're interested in learning more, we have our playbook open source at conscious.org.
(8)
Thank you again to our Series E investors including funds at @Blackrock, @HIGcapitalllc, @CreditEaseCorp, Schonfeld, Invus, as well as return investors @ActivantCapital, @MooreVenturesUS, and XN.
(9)
(9)
What's the end game?
Build the greatest company EVER 🚀🔥
...defined by both its business, and its culture.
(10)
Build the greatest company EVER 🚀🔥
...defined by both its business, and its culture.
(10)
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