Bolt raises $450M at $14B valuation

  • I see a ton of comments worriedly mentioning how this affects employees, but I don’t understand how it affects employees β€” can someone give an ELI5?

    It sounds like they require stock owners to double the number of stocks purchased β€” does this mean employees with RSUs have to take part in the raise to keep their stock? Are RSUs even the right concept to think of here?

  • Interesting to see what the end game is here. Is the goal to prevent a hostile takeover by competitors?