some 200 employees, about a quarter of its staff. Meanwhile, Bolt’s attempt to raise new funds at a $14 billion valuation has sputtered as climbing interest rates helped spark a savage bear market for tech companies with lofty values. .that he and Breslow had been discussing his shift to Love since Breslow made the January move to executive chairman. “Bolt has grown up and needs a different approach where it’s more enterprise-friendly.
“Western medicine is extremely beneficial in severe cases of trauma and illness, but there are so many other alternative paths that are free, cheap and accessible,” Breslow said. “That being said, there’s no data. It’s all conjecture. Some people say homeopathy is a bunch of wackos, and many people say it really works. Our goal is to put an end to the age-old debate.”
“We hope that people will get involved who are charitable and aren’t seeking returns,” Breslow said. “The goal is data. In the future, there may be different iterations around commercialization and returns to the community. But version one is about impact—people putting in funds because they want data on the topic.”
The same guy who swears off booze, caffeine and electric lights is now selling supplements and psychedelics. “I don’t take supplements,” he said. “That being said, I’m open to it. I’ve certainly seen supplements help many people in my life. And I would also add that I did take supplements while I was sick in order to get better.” He said he’s open to psychedelics, too.
Source: News Formal (newsformal.com)
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