Bolt Financial was sued by one of its leading customers, Authentic Brands Group, for vastly overstating its traction

May 10, 2022

  • Bolt Financial was sued by one of its leading customers, Authentic Brands Group, for vastly overstating its traction.

  • Harness raised $230 million at a $3.7 billion valuation.

  • OpenSea acquired Gem, a NFT aggregation site.  

  • Deliverr was acquired by Shopify for $2.1 billion.

  • Thrasio appointed Greg Greeley as its new CEO. Greeley previously was the President of Homes at Airbnb and spent 18 years working as a Vice President at Amazon.

DELIVERR

“Shopify Acquires Shipping Logistics Startup Deliverr for $2.1B”

THRASIO

“Thrasio Reportedly Announces Layoffs, CEO Change”

BOLT FINANCIAL

“Payment Startup Bolt Sued by Its Most Prominent Customer”

HARNESS

“AppDynamics Founder’s Midas Touch Strikes Again as Harness Valuation Hits $3.7B”

OPENSEA

“OpenSea Acquires NFT Aggregator Gem”

Kirat Lall