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Interesting, although on the business side, what happened to the spider silk? Bolt closed a $125m round in November 2017. You only get that kind of money if you
by rdlecler1 9y ago
Interesting, although on the business side, what happened to the spider silk? Bolt closed a $125m round in November 2017. You only get that kind of money if you are a messianic founder or have lots of progress.... This feels like this is some kind of auxiliary parachute. I wonder if the investors knew. Ironic that Peter Theil’s Founders Fund was one of the investors.... “We wanted spider silk and instead we got mushroom leather.”
- ampersandy 9y agoThey have a separate section on their website describing their Microsilk, which is being used to produce ties. https://boltthreads.com/technology/microsilk/ https://boltthreads.com/technology/microsilk/ https://ties.boltthreads.com/ https://ties.boltthreads.com/
- rdlecler1 9y agoThis is just speculation, but this looks to be in a “coming soon” state. They could be having any number of issues, including scaling, cost reduction, and the macro properties of the fabric may not have lived up to the early promises.