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Bolt reportedly threatens legal action against Silverbear Capital | TechCrunch

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Summary
Nutrition label

65% Informative

Bolt CEO Justin Grooms appears to threaten legal action against Silverbear Capital .

The fintech company is trying to raise $200 million in equity and $250 million in “marketing credits” at a $14 billion valuation.

Earlier this month , a leaked term sheet showed that Bolt was aiming to raise a pay-to-play deal structure that would essentially force existing backers to either invest or lose stakes.

VR Score

57

Informative language

51

Neutral language

24

Article tone

semi-formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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