Bolt

As a computer science student at Stanford, Breslow was interested in digital currency. In his freshman year, co-founded a research collective, the Stanford Bitcoin Group.^[8] In 2013, he and a classmate began to develop a digital wallet that would allow Bitcoin to be used for routine transactions. Shortly after beginning the project, his classmate lost interest and the investor who had promised seed money backed out.^[1]

Breslow dropped out of Stanford in 2014. He continued to live and work out of his dorm room. In addition to developing the wallet, Breslow and Eric Feldman, a former classmate, spent the following year researching financial regulations, compliance, and other cryptocurrency-related issues. In 2015, partly as a result of their research, their emphasis shifted to one-click checkout technology. In a 2022 interview with Forbes, Breslow said: “One day it hit me like a bolt of lightning. Amazon has offered one-click checkout since 1999 and the rest of the world doesn’t. The more I learned, the more I realized how big it could be.”^[1] He subsequently focused on developing software that would provide one-click purchases for consumers and process transactions for retailers.^[9]

The first version of Bolt's online checkout platform was developed in Breslow's dorm room with a team of 10. In 2016, after operating in stealth mode for more than a year, Bolt was officially launched. Breslow served as the company's CEO.^[10][11] In 2019 it was named to the Forbes "Fintech 50" ^[12] and in 2021 Bolt was placed at #64 on the Inc. 5000. ^[13]

With input from the Bolt staff, Breslow developed the Conscious Culture Playbook, an alternative to a traditional employee handbook that brought mindfulness principles together with standards for performance and execution.^[14] In May 2021, conscious.org was launched to make the playbook freely available to other companies and startups.^[15] As part of the company's conscious business culture, Breslow instituted a four-day workweek in January 2022.^[16][17]

In January 2022, Maju Kuruvilla was named CEO of Bolt and Breslow became the company's executive chairman and then chairman. The move followed a controversial series of tweets, in which Breslow described Y Combinator and Stripe as the "mob bosses of Silicon Valley." Breslow maintained that the shift was unrelated to his tweets and had been planned months in advance to allow him to focus on his “superpowers”: steering Bolt's culture and vision, and deal-making.^[18]

As of May 2022, Bolt had 800 employees and was valued at $11 billion.^[19] Based on his holdings, Breslow became one of the world's youngest self-made billionaires.^[20]