What are peoples thoughts on Bolt’s acquisition of Wyre?

Question

Fresh announcement, seems like an equity heavy deal: https://www.wsj.com/articles/crypto-startup-wyre-being-acquired-by-payments-company-bolt-for-1-5-billion-11649325602

undertone · Accepted Answer

Who in their right mind would take Bolt equity, that deal is worth less than half the 1.5B, and they’re about to find out by the end of this year

NotNoogler · Answer

I actually had an interview for Monday but got cancelled because of this acquisition. Pretty sad about it since they don't discriminate based on location (Canada pay sucks) and Bolt employees seem to enjoy working there

raisinbran · Answer

Seems like this is their all in chip for crypto

What are peoples thoughts on Bolt’s acquisition of Wyre?

WSJ News Exclusive | Crypto Startup Wyre Being Acquired by Payments Company Bolt for $1.5 Billion

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